article thumbnail

2024 Outlook: Glass Half Full? 

Modern Restaurant Management

” On the positive side, Revenue Management Solution's end-of-year trends suggest performance remained stable compared to previous quarters, and sales are positive. Net sales are primarily driven by average check increases and pricing opportunities are diminishing. percent in December 2023 vs. 6.5 percent in Q4 2023.

2024 162
article thumbnail

SpotOn Reviews | SpotOn POS

SpotOn

It doesn’t matter whether you run a restaurant, retail store, or any other type of small business—the point-of-sale (POS) serves as the foundation of your operation. That’s why it’s so important to make the right choice when picking a new point-of-sale. But not all POS systems are equal.

POS 98
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

Top 24 Restaurant Management Software Solutions for 2023

Sling

Some of these apps are designed to solve specific problems, like shift scheduling or point of sale , while others boast all-in-one suites for every aspect of restaurant management. You can view data on labor costs versus sales over time to make intelligent decisions on how many staff you’ll need clocked in at different times.

2023 78
article thumbnail

15 creative restaurant promotion ideas and strategies for 2023

Open for Business

Even the most creative restaurant promotion ideas won’t increase sales if they’re poorly planned and executed. Before launching any new menu promotion idea, it’s a good idea to go back to basics and get clear a few basic points first. The trick is making sure the tactic boosts sales instead of cutting into revenue.

2023 122
article thumbnail

Why 2023 is the “Year of Efficiency” for Restaurants

Qu

That’s why we’re dubbing 2023 The Year of Efficiency. The industry has reached a turning point. 1) More predictable digital sales will enable operational efficiency. 1) More predictable digital sales will enable operational efficiency. For the most in-depth analysis, download the full report.

2023 52
article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

2024 215
article thumbnail

How to Show Your Staff Love for Employee Appreciation Day

7 Shifts

One of the biggest issues facing restaurants in 2023 is finding and keeping good talent. Use this in combination with your POS sales data to identify your best employees based on stats as well as intuition. During the pandemic, many service workers either left or were forced out of the industry and never returned.