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10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Delivery, scheduling, inventory management, reservations, and guest management have seen technological advancements over the past few years, and it's just the beginning. Third-party delivery.

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Build Staff Loyalty by Leveraging Payments Technology

Modern Restaurant Management

Restaurants that embrace innovative payments technologies on both sides of the register are poised to build loyalty with both customers and their employees in the years to come. Easy-to-Use POS Finding the right Point of Sale (POS) system is essential to streamlining operations and keeping employees happy.

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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. Consider, for instance, a scenario in which your Point of Sale (POS) system can forecast the popularity of a new dish based on historical customer behaviour.

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8 Ways CFOs Can Help Restaurant Groups Through the Restaurant Reopening/Recovery

Restaurant365

Evolve, innovate, adapt. The restaurant industry saw new trends like: Increased sales for take-out and delivery. Rise of ghost or virtual kitchens targeting delivery-only sales. Considering all these changes, restaurants need to evolve, innovate, and adapt to a new kind of restaurant industry.

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What Trends Are You Seeing and What Can We Expect to See More of in 2022?

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry insiders for their views on trends. With more options to work outside of the hospitality industry, operators must offer employees more scheduling flexibility, facilitate transparent communication between management and team members, and avoid overworking staff.

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6 Expert Tips To Create An Effective Cafe Business Plan For The UK

The Restaurant Times

Management Team: This should include the list of stakeholders involved in the management of your cafe such as owner, manager, Head Chef, etc. Cafe businesses can return to profitability provided they have a viable strategy and business plan in place. However, you must have certain things in place to ensure that happens.

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A Guide to a Restaurant’s Ideal Profit Margin for Food

BNG Point of Sale

In this post, we will explore what an ideal restaurant food margin is and how to calculate it so that you can have an easier time managing your business and know exactly where you stand financially. . A Guide to a Restaurant’s Ideal Profit Margin for Food . 30% food costs . 30% labor . 30% overhead expenses . 10% profit .