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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. This trend reflects the growing popularity of drive-thru and fast-casual dining, coupled with the demand for digital technologies such as QSR digital signage and QR codes.

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The true cost of POS systems for restaurants

Clover - Restaurants

While restaurant owners will need to account for up-front and potentially ongoing costs, the benefits of POS systems in restaurants can result in increased sales, improved revenue, better customer satisfaction, increased referrals, and more. With Clover , customers are charged flat fees as low as 2.3% plus $0.10 per transaction.

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Table Turnover Rate in Your Restaurant: How to Improve & Seat Incomplete Parties

Lavu

For example, a casual restaurant usually has a higher turnover rate. You can’t fix your table turnover rate without understanding the two key components: the total number of tables and the total number of customers served over a specific period. This should include all tables available for seating customers.

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How to Write a Restaurant Business Plan [with Sample]

7 Shifts

The management team. Speak to what sets you apart from the pack, what food you'll serve, the service style (fast-food, fast casual, fine dining, etc.) Management team. This covers the customer base you're hoping to appeal to, your position in said market, and what you'll do to catch people's eyes.

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Cash Will Still Be on QSR Menus

Modern Restaurant Management

Last year, one of the first brands to go cashless, Sweetgreen, changed its policy to accept cash at all its locations. The quick-service restaurant (QSR) started accepting cash after Amazon confirmed it would take cash payments in all of its previously cashless Amazon Go stores. Customers Want Payment Options.

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Four Simple Ways to Integrate Contactless Solutions in Your Restaurant Reopening Strategy

Modern Restaurant Management

Contactless ordering not only adheres to the new normal created by the coronavirus, but allows for a better customer experience and promotes unnecessary or limited contact from consumers in restaurants. In fact, 51 percent of Americans are using cash less often and are using some form of contactless payment already.

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5 Restaurant Types Perfectly Suited for Tableside Ordering Systems

Mad Mobile

Instead, investing in new processes can streamline your eatery and cut costs while increasing efficiency and improving your customer experience! And for establishments with counter service, your staff can get orders started on their tablets to cut down on wait time. Traffic flows improve too since your staff can enter orders anywhere.