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Why An Online Ordering System Is The Key To Increasing Restaurant Sales

The Restaurant Times

From placing orders by phone to directly ordering via apps, ordering from restaurants has undergone a revolutionary shift, especially post COVID-19. In the pre-COVID times, online ordering was used to compliment the dine-in services of restaurants. 5 Ways Online Ordering System Enhance Restaurant Sales.

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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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What is a Ghost Kitchen? Winning Models, Trends, and Opportunities

Apicbase

Every few months, a media article declares the death of ghost kitchens as a viable business model. According to Statista , in 2023, the revenue of online food delivery was estimated at over $1 trillion, and it is expected to hold a 50% share of the drive-thru and takeaway food service markets by 2030. Virtual restaurant brand.

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The Must-Have Features Of Online Restaurant Management System

The Restaurant Times

Running a restaurant after a pandemic requires every restaurant owner to make an online food ordering system a necessary change. Online food ordering systems are crucial to your business’s profitability and sales management. Must-Have Features Of A Robust Online Restaurant Management System.

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How Much Profit Should You Make in a Restaurant

BNG Point of Sale

In this article, we will explain the ideal profit margins for each restaurant category. As the name implies, this category includes fast-food restaurants and any type of quick-service restaurant in which customers order from a counter, fill their drinks, and dispose of their trash. What is a Restaurant Profit Margin? Net Profit Margin.

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The Ultimate Guide To Restaurant Profit Margin

The Restaurant Times

In this article, we’ll cover all the basics of a restaurant’s profit margin – meaning the average profit margin of different restaurants and how to increase your restaurant’s profit margin. Simply subtract your total sales from your cost of goods sold (CoGS) over a certain period. Read along!

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Limited Menus: An Ideal Way to Cut Costs and Boost Restaurant Sales

The Restaurant Times

In fact, it is advisable to keep the menu short from the point of view of controlling operating costs and improving customer experience. Based on the changing customer behavior, restaurants have started introducing limited menus to provide an eatery-like feel to customers and boost their sales. . Simplifies Ordering Procedure .