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Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Stubbornly high interest rates also keep operators squeezed by the cost of money, both long-term debt and revolving credit lines. Stubbornly high interest rates also keep operators squeezed by the cost of money, both long-term debt and revolving credit lines. But the leading drag on the industry are its labor woes.

2024 117
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Restaurant Hiring: Navigating the Labor Shortage

7 Shifts

Early on in 2020, we were scrambling to figure out ways to get food to customers and how to give staff enough hours and keep them on the payroll. The operator of Chengdu Taste and Mian, with 13 locations, told the New York Times that they may have to close multiple restaurants due to the lack of staff. Writing a good job description.

Hiring 370
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How to Set Up Online Ordering for Restaurants

7 Shifts

What are the benefits of self-operated delivery for restaurants? Here are the things you should consider: Things to Consider When Choosing an Online Ordering Platform Does it integrate with my Point of Sale (POS) Will I need to add another tablet to my front of house setup? It will still cost you to run your own delivery.

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The restaurant labor shortage: how we got here and a 2023 update

Open for Business

The labor market has shown signs of improvement, but most restaurant operators are still looking for restaurant staff. Labor supply and demand were roughly matched from 2000 through early 2020, according to U.S. But restaurant closures and worker layoffs in March 2020 shifted this dynamic. Bureau of Labor Statistics data.

2023 78
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How to Set Up and Run a Ghost Kitchen for Your Restaurant Business

Restaurant365

Restaurant365 customer Wow Bao recently announced it has partnered with operators in various cities to offer alternative sources of revenue by utilizing their space, equipment and personnel to serve prepared Wow Bao staples, while third-party delivery providers provide delivery of the meals to customers. What is a ghost kitchen?

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Family Ties Unite Hospitality Industry During COVID-19 Outbreak

Sante

While the hospitality industry is suffering as a whole, restaurant owners maintain the potential to earn some income despite operating restrictions. Teaser: Many hospitality establishments team up to raise funds for staff during time of need. Considering the devastating COVID-19 outbreak in Washington, D.C.,

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Employee Turnover is at an All-Time High: 5 Emerging Benefits Trends You Need to Know

Hot Schedules

Stories abound of restaurants seeing wait times skyrocket, hotels having to limit amenities, and retailers having to reduce operating hours due to lack of staff. health insurance and 401k plans), some creative thinking can create a work environment employees want to remain at without driving up expenses. b3lineicon|b3icon-list-add|?|List