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Why Building Business Credit Should Be a Priority for Your Restaurant

Modern Restaurant Management

They started their first business with cash, but when it came to building The Icy Spot GA, they tapped personal credit for some of their startup costs. Like the Adams’, most business owners aren’t taught how to build or leverage business credit when they start out. Seven Reasons to Make Business Credit a Priority 1.

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MRM Research Roundup: AI Investment Heating Up and Summer Dining Dos and Don’ts

Modern Restaurant Management

This edition of Modern Restaurant Management (MRM) magazine's Research Roundup features the present and future of AI use in F&B, The Splintered Path to Purchase, the Datassential 500 Awards, and where chefs are earning six figures. At the same time, U.S. chain sales grew just 3.1 percent in 2024 — falling short of the 4.1

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How Restaurants Can Use Technology to Expand Outdoor Space

Modern Restaurant Management

.” Investing in restaurant technology today can go a long way toward ensuring that restaurants are able to meet their operational needs and adjust to their patrons’ new expectations at the same time. This adds a little instant peace-of-mind that a strong wind isn’t going to take down a new outdoor dining structure.

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10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

If the past few years have taught us anything, it's that restaurant technology is no longer a nice-to-have. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing. Use order information with inventory management software for smarter purchasing. TouchBistro.

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Four Ways to Take Charge of Your Restaurant Cash Flow

Modern Restaurant Management

Small business owners in nearly every industry struggle with cash flow and how to best utilize their working capital. Nearly 60 percent of failed businesses cite cash-flow issues as a primary reason for their failure, which shows how cash flow management can make or break your business. Get Paid Faster.

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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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Keeping Track of Your Cash During One of the Biggest Weekends of the Year

Modern Restaurant Management

Whether customers are meeting their friends for an evening out or they’re placing an order for take-out for their at-home festivities, food establishments can expect to see an uptick in business this weekend. Once that amount of time is calculated, you can determine the labor costs to support cash handling efforts alone.