article thumbnail

Leveraging POS Systems to Future-Proof Your Restaurant and Maximize Profits

Modern Restaurant Management

To combat these obstacles among countless others, leaning on point-of-sale (POS) solutions can empower restaurants to quickly leverage new features to maximize profits in a fluctuating service economy. To set your business apart when it comes to recruiting and retaining staff, look to payroll and benefits technology.

POS 215
article thumbnail

Hungry for Growth: The Restaurant Industry in 2022

Modern Restaurant Management

Some have even developed lucrative new business models that they will continue to apply and scale in 2022. Several other pandemic-related trends will continue into 2022 and beyond, and new trends will also emerge. Opportunities for 2022 and Beyond. Consumers are showing similar signs of permanent behavioral change.

2022 203
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Restaurant Startup Trends To Follow In 2022

The Restaurant Times

The labour shortfall and supply chain constraints that plagued 2021 have persisted into 2022. Investing in labour-saving technologies and providing simple and fewer menu selections, for example, has allowed them to free up cash flow and recruit more people or raise compensation. Popular Restaurant Start-Up Trends 2022.

2022 98
article thumbnail

Outsource Your Restaurant Website & Social Media to Pros in 2022

Cheetah

As 2022 kicks off, operators that wish to stay competitive must upgrade their website and social media presence to keep up with the changing restaurant world. The time and skill set required to keep all your social media channels, website, POS and scheduling systems and other tech tools up to date and effective is becoming harder.

article thumbnail

2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

Research from 2022 found that 60 percent of employees wanted access to wages daily. 4 to 7 vendors in the restaurant space between recruiting and payroll are too many to be sustainable. – Justin Price, Vice President, Business Development, ScanSource POS & Payments Today's insurance market is the toughest in my career.

2023 123
article thumbnail

How to improve the guest experience with restaurant technology

Open for Business

As of August 2022, 59% of web traffic was mobile.) Solutions including digital ordering and handheld POS (point of sale) devices can remove steps and precious minutes from the process. The right POS system also collects guest data and provides reports that you can use to make more strategic decisions. Making the reservation.

article thumbnail

Understanding Your Restaurant Staff Hiring Analytics

Restaurant365

In fact, a key finding in the National Restaurant Association’s 2022 State of the Industry report is that 9 of 10 restaurant operators said that being understaffed is having a significant or moderate impact on their restaurant’s ability to grow and succeed. How to recruit restaurant staff. Request a demo of Restaurant365 today.

Hiring 78