Three Ways QR Codes Alleviate Economic Downturn Stresses in the Restaurant Industry

Restaurants are bracing themselves for the effects of an economic downturn. Roughly 43 percent of restaurant operators believe economic conditions will worsen in the coming months. They worry because rising food costs and inflation go hand-in-hand. 

The rising expense of food and supplies is trending ahead of inflation rates causing restaurant margins to plummet. Restaurant profit margins are typically low, coming in at an average of three-to-five percent.

And lower margins lead to more significant numbers of restaurant owners struggling to keep their heads above water. In June 2022, for example, 38 percent of small restaurant owners could not pay their rent. 

Today’s restaurant owners have options to alleviate the stresses and economic impacts felt within their industry. Enter the implementation of QR (quick response) code generators for marketing and business processes. QR codes help restaurants preserve their bottom lines by enabling them to: 

Adjust menu items without…