Track These Restaurant Analytics (Infographic)

There is a science to running a successful business. That idea holds true in the hospitality and food service industries where crucial business decisions are made every day. At the heart of this science is data. Tracked from numerous sources, thoughtful analysis of this data can be the key to prioritizing needs, driving growth and so on. Below, we’ll briefly go over the importance of collecting data and restaurant analytics and how it be used to improve efficiency and, in due course, boost revenue.

First, how might owners and those in management find the data they need? One of the most important sources is a restaurant’s POS system, or point-of-sale system. Creating data continuously, this set of devices, software and payment services is an essential part of a business today. Merchants use the collected data to manage sales, generate labor reports, track inventory and even keep an eye on customer reviews.

How can the pieces of data amassed by POS technology be used to grow an…