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Protect Your Restaurants from Invoice Fraud through Technology

Modern Restaurant Management

Currently, the average US business is losing $300,000 to payments fraud each year according to the latest Financial Census , a study which surveyed 2,750 senior finance executives across the globe – 15 percent of whom work in the retail, catering and leisure industry.

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THE RESTAURANT ECO-SYSTEM NEEDS HELP

Culinary Cues

There are short-term band aid solutions such as takeout, delivery, or even conversion into retail markets where wine inventories and local necessities take over space once occupied by diners, but they are not a replacement for a steady turn of tables. None, however, are as devastatingly out of the operators control as this pandemic.

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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 capability can prove invaluable for refining pricing strategies, optimising ingredient and waste management, and planning forthcoming shifts, among other benefits.

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The future strategies of fresh food markets in Australia – what's on the horizon?

Future Food

However, in the face of shifting retail landscapes, evolving lifestyles, and a changing demographic, there is a need to reinvent the marketplace to ensure that markets remain relevant to their shoppers and their routines. Ultimately it is about the health and sustainability of the whole entity that delivers success.

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Restaurant Startup Trends To Follow In 2022

The Restaurant Times

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. Sustainable Business Practices . More than a decade ago, millennials started to advocate the cause of sustainability, and Gen Z has only added to it.

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How to Use the POS System in Your Restaurants to Boost Performance

Apicbase

A modern EPOS system is far more than simply a sleeker cash register. It combines hardware and software components to facilitate transactions and simplify key day-to-day business operations, especially in retail or restaurant settings. Each saved second counts towards a satisfied customer and, more importantly, your bottom-line profit.

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Restaurant REIT: Strategic Real Estate Solutions for the Hospitality Industry

Aaron Allen & Associates

They provide a way for investors to access dividends generated from real estate investments without needing to buy, manage, or finance properties themselves. Overall, REITs have provided a valuable tool for the restaurant industry, facilitating growth and financial management but require careful consideration of terms and strategic fit.