Remove Cash Management Remove Front of House Remove Government Remove Loyalty Program
article thumbnail

8 Ways to Navigate The Restaurant Staff Shortage

Lavu

Additionally, the enhanced unemployment benefits provided by the government during the pandemic have made it financially feasible for some workers to stay unemployed instead of searching for a job in the restaurant industry. This statistic is based on a survey of restaurant operators conducted in January 2023.

article thumbnail

Restaurant Startup Trends To Follow In 2022

The Restaurant Times

For those who have made it this far, the future appears bleak, as the government bailout package they expected didn’t come to pass. Investing in labour-saving technologies and providing simple and fewer menu selections, for example, has allowed them to free up cash flow and recruit more people or raise compensation.

2022 98
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

Best 5 POS Systems for Restaurants Compared: Square vs Upserve vs Toast vs SpotOn vs Revel

Cheetah

It basically governs any and all transactions made at your restaurant. More than a POS system, Upserve is a full-fledged restaurant management software with the promise to streamline your entire operation into a simple, integral and unified interface. Reading Time: 5 minutes. All POS Systems Overview. Square Upserve Revel Toast SpotOn.

POS 78
article thumbnail

93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. 85% of operators use POS data to engage with customers via text or email, while 60% use it for their loyalty programs. At first glance, some stats might seem to contradict each other. Let’s dig in.

2024 52
article thumbnail

COVID-19 Resources for Restaurants

Modern Restaurant Management

To add resources to these guides, reach out to Modern Restaurant Management (MRM) magazine Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com with news. The National Restaurant Association-managed site also provides a direct connection to the industry’s grassroots engagement platform.

article thumbnail

Setting the stage: a guide to opening a restaurant

Open for Business

Craft a comprehensive financial blueprint to manage your restaurant’s expenses. Whether you’re leaning towards digital accounting solutions or considering the expertise of a financial advisor, staying clued in on your cash flow—both outgoing and incoming—is pivotal for your restaurant’s triumph.

License 78
article thumbnail

14 Tips for Surviving 2021 in the Restaurant Industry

ChefMod

In a bid to counteract these negative effects in the restaurant industry, the government established various regulations to ensure the safe operation of the restaurant industry. But, how have they managed to stay up and running so far? Over 8 million restaurant employees lost their jobs [permanently or temporarily.

2021 52