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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. 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.

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How Optimizing Your Payment Processing Strategy Can Mitigate Financial Challenges Facing Restaurateurs

Modern Restaurant Management

Restaurants and franchises face numerous financial challenges that can hinder their success, however, by optimizing their payment processing strategy, these businesses can overcome some of the major obstacles faced by restaurants in their early start, helping them to achieve greater stability and ultimately profitability. trillion in 2024.

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Understanding the Restaurant Cybersecurity Threat Landscape

Modern Restaurant Management

Statista’s market insights forecast the global cost of cybercrime will increase from $9.22T in 2024 to $13.82T in 2028. When looking at the franchise threat landscape today, the gaps between the digital haves and have nots are a primary challenge. The average cost of a data breach in 2023 was almost $4.5

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2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. Just as the transition to renewables and electric vehicles has thrived on collaborative efforts, we foresee more collaboration for the cultivated meat industry in 2024.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in. billion by 2030.

2024 52
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The Top 5 Restaurant Management Questions Answered

Marketman

billion by 2024 with a significant annual growth rate of 14.6%. Your restaurant management system should be able to seamlessly integrate with most existing POS and CRM systems you have in place. Automating these processes can help your restaurant scale up as you are able to manage all your franchises in one place.

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85+ Restaurant Industry Statistics That Every F&B Operator & Manager Needs to Know in 2023

Apicbase

Hospitality POS Tech Report , 2022) Payments through digital wallets will become table stakes for restaurants in 2023. Research Gate , Updated 2022) Food influencer marketing is expected to grow at a rate of 45% by 2024. Successful F&B concepts can quickly scale and expand through franchising, especially in the US and Europe.

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