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Navigating the Future Plate: 2024 Restaurant and Menu Trends and the Role of Technology

Squirrel Systems

In this article, we delve into the anticipated restaurant and menu trends for 2024 and explore how technology, particularly advanced point-of-sale (POS) solutions, can enable restaurateurs to ride the wave of these trends successfully. Experiential Dining The dining experience is becoming as important as the food itself.

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A Guide to a Restaurant’s Ideal Profit Margin for Food

BNG Point of Sale

The high turnover nature of these operations tends to result in fewer kitchen staff required, cheaper food and menu items, and smaller retail spaces, than other types of endeavors in the restaurant industry (and indeed other catering businesses). As a result, many restaurants work to the 30,30,30,10 rule, which looks something like this: .

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Integrated Marketplaces Bridge The Technology Gap In The Restaurant Ecosystem

The Restaurant Times

According to a report by Grand View Research , the global restaurant point-of-sale terminal market size is expected to reach US$25.95 This article was originally published in the CATERER MIDDLE EAST on July 19, 2021. . Find the new article here. billion by 2028. It is likely to expand at a CAGR of 6.4

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The Must-Have Features Of Online Restaurant Management System

The Restaurant Times

Online food ordering systems are crucial to your business’s profitability and sales management. You need an online ordering system that is simple to set up, configurable, user-friendly, capable of meeting your marketing and sales objectives, and makes your life simpler. Online Payments . Focus on Menus .

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Kitchen Gross Profit Margin and Food Cost 

BNG Point of Sale

Catering and Events: 7-8 % . The two main ways to widen your profit margins are increasing sales and decreasing costs: . Increasing sales volume . Gross profit is the amount of money that was earned in total before any expenses. The average gross profits for restaurants are about 70%. Use an online ordering system .

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Food Truck Profits

BNG Point of Sale

So, while the food truck catering industry can be profitable, it’s still part of good business planning for intending food truck vendors and potential owners to conduct an extensive amount of research before investing in this business. There is not much point in the parking next to another truck selling the same product as you. .

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Back of House Restaurant Guide: Integrating FOH and BOH for Seamless Operations 

Apicbase

In this article, we explore the key differences between the front and back of the house in a restaurant and discuss the best ways to integrate FOH and BOH operations. Sales optimisation. Restaurant back-of-house operations form the backbone of a restaurant’s success. These include food production and inventory management.