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How Interchange Fees Are Reshaping the Restaurant Industry’s Bottom Line

Modern Restaurant Management

In the modern dining landscape, where convenience and customer experience are paramount, restaurants increasingly rely on electronic payment systems to facilitate transactions. This includes higher prices and reduced cash flow. It’s important restaurants meet the needs of their customers, while also protecting their bottom line.

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Beyond the Scoop Shop: A Blueprint for Scaling Artisan Food Businesses

Modern Restaurant Management

Scaling an artisan food business is no easy feat. Many small food businesses reach a critical point where they must decide whether to remain small and exclusive or expand into wholesale, manufacturing, and broader distribution. As business owners, we know how expensive turning a gray shell into a gorgeous restaurant is.

Food 322
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How Restaurants Can Utilize a Small Business Loan to Fuel Growth

The Rail

A well-utilized small business loan gives the financing required to scale your restaurant effectively and turns prospects into real outcomes. Expanding Operational Capacity to Meet Higher Demand When customer demand increases, businesses that do not scale up quickly lose valuable opportunities to competitors.

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Tik Tok Marketing Proves Profitable

Modern Restaurant Management

Seventy-eight percent of small businesses that run ads on TikTok have already realized a positive ROI–the majority within just six months. And only 18 percent of businesses not currently using it say they have concerns over its data practices. according to Capterra’s TikTok Marketing Survey. Molly Burke.

Marketing 531
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Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

This instability will push operators to trim costs by shortening menus and investing in labor-saving technology to free up cash for wage increases. A short menu can slim down the food costs through streamlined inventory management, as well as reduced food waste. The solution isn't to get rid of takeaway or disposable small wares.

2022 547
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Restaurant Cash Flow Management 101: Building Good Financial Habits

ChowNow

Whether you’re a roadside fruit stand or a Michelin star restaurant, cash flow management is crucial. And there’s more to restaurant cash management than simply bringing in more money to cover expenses. What is Cash Flow? Cash flow is the net amount of money moving in and out of your restaurant.

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Checklist For Reopening Your Restaurant

Modern Restaurant Management

The news may raise concerns for both customers and operators alike because it’s no secret just how contagious COVID-19 can be in public places. Here’s a quick checklist to help you make safe choices while ensuring business continuity: Redesign Your Offerings. Offer Safe and Contact-Free Services.