Remove Back of House Remove Loyalty Program Remove Merchandise Remove Training
article thumbnail

The Impact of Restaurant Tablets on Table Turnover and Revenue

Mad Mobile

In a study by the Wharton School , researchers found that using tabletop technology can improve sales by 9.74% and productivity by 10.77%. Beyond that, it can also increase table turnover by nearly 17%! As a restaurateur, you know that these metrics are more than just numbers. It’s not just about one aspect of the customer journey either.

article thumbnail

Restaurant Franchising: 10 Essential Performance Metrics For Consistent Group-wide Profitability

Apicbase

It’s a giant leap from running a handful of locations in-house to franchising your restaurant. Monitoring performance metrics puts you back in command. If standards decline in a particular restaurant, you have the data to back you up. It includes in-house and off-premises sales across all your channels.

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

Trends and Tactics: How to Navigate the Changing Landscape of the European Restaurant Industry

Apicbase

Restaurant technology platforms also help you manage customer relationships and track customer behaviour, so you can easily customise offers and promotions to increase customer satisfaction and loyalty. Because technology integration allows your business systems to talk, it improves communication between the kitchen and front-of-house staff.

article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. Unfortunately, if your restaurant is typical, your profit margins are exceedingly narrow. According to a recent Forbes article , sit-down restaurants make a profit of about 6%. So, why do it?

article thumbnail

Restaurant Profit Margins: A No-Brainer Guide to Maximizing Your Profits

Notch

As an owner-operator, your restaurant likely sits at the center of your life. It's not only your business and your livelihood— it's also your dream. Unfortunately, if your restaurant is typical, your profit margins are exceedingly narrow. According to a recent Forbes article , sit-down restaurants make a profit of about 6%. So, why do it?

article thumbnail

A Guide To Average Restaurant Revenue And Profit

BNG Point of Sale

A high turnover rate means people come back often enough because they like your menu selection so there is less urgency associated with their visit which results in longer stay times for guests and increased spending per customer. These important business models are what profitable restaurants don’t take lightly.

article thumbnail

2024 Outlook: Restaurant Trends and Challenges, Part One

Modern Restaurant Management

And while automation and robotics can help streamline some elements of operations, in the wake of the COVID-19 pandemic, there's a newfound appreciation for human connection and dining experiences. We've reached a point where we're recognizing the value and limits of these technologies.

2024 192