Three Ways Technology Can Help Restaurants Navigate the Challenges of Inflation

Just as restaurants were on the path toward recovery after COVID-19 closures and safety restrictions, the current economic conditions continue to present challenges for the industry. Rising inflation has impacted businesses for the better part of the year, leading many to modify their menus and increase prices in the face of higher ingredient costs.

But restaurants face a fine balance in increasing costs, as customers are also impacted by the realities of inflation. Recent surveys are showing the vast majority of Americans have been cutting back on dining out. For those who do go out, a worrying 40 oercent of diners believe they are receiving less value from restaurants compared to previous times.

These numbers may be troubling, but to address these issues, restaurants must focus on providing the best service they can within their budgets. While many diners understand the tough times restaurants are going through, they are also feeling their dollars stretch and want to see the value…