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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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Consumer Habits Are Changing — What’s Next for Restaurant Tech?

Modern Restaurant Management

Many food and beverage establishments have seen success with technology — such as contactless options, automation to support changing workforces and innovative customer loyalty strategies — in their endeavors to meet the demand for safer and more convenient dining experiences. Gone are the days of cash-only transactions.

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Franchise Compliance Guide: Laws + Agreements

7 Shifts

They employ thousands of people and have served billions, and with so many people affected, it's understandable why there are franchise-specific laws and regulations in place. Here's an overview of what franchisors and franchisees need to understand about franchise compliance to ensure a smooth-running, legally-sound franchise. State Law Compliance.

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

Lavu

Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. Efficiently manage reservations: Ensure that the booking system is organized and avoids overbooking to prevent delays in table turnover. How to Calculate Table Turnover Rate?

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Restaurant Remote Management: Budgeting for a Profitable Restaurant

The Restaurant Group

Managing a restaurant involves so many moving parts, including sourcing high-quality ingredients, purchasing a seemingly endless list of supplies, managing staffing and scheduling, and budgeting for a profitable restaurant – all within a set budget. One example is our restaurant remote management service.

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5 Things Lenders Want to See in a Restaurant Business Plan

7 Shifts

Will you provide a casual or fine-dining experience? In general, lenders will want to see at least five years' worth of cash flow projections. From there, they will help you work through the numbers and provide an estimation of your future cash flow. This is where restaurant business plans are essential. Target market.

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By restaurateurs for restaurateurs: Advice for opening in 2020

7 Shifts

This advice were submitted by owners and managers of restaurants of all sizes, concepts, and locations in the forthcoming 7shifts Restaurant Labor Management Study in 2020 ( subscribe to get your copy when it’s published!). Are you opening a restaurant in 2020? Congrats! ?? And good luck. It’s going to be the ride of your life.

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