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From acqui-hire to vaporware: The new restaurant tech ABCs

Restaurant Business

Acqui-hire “To acquire a company in order to use its employees skills or knowledge, rather than for its products or services.” Starbucks’ deal with Empower Delivery fits the acqui-hire framework. The coffee giant is licensing the company’s order fulfillment tech while also bringing aboard Empower’s six engineers.

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Restaurant Failure Rate: Why Restaurants Fail And How To Make Yours Succeed

ChowNow

Running a restaurant is one of the most rewardingyet riskyventures out there. Lets take a closer look at the leading causes of restaurant failure and see how you can avoid making the same mistakes at your restaurant. Before you do anything like sign a lease or hire your wait staff, take the time to do real market research.

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Restaurant Accounting Tips Made Simple: Expert Ways to Boost Profits in 2025

Lavu

Even if you hire a professional to handle all the financial aspects of your business, you need to understand what is involved. You may feel that they are pulling you away from where the real action is, out front and in the kitchen. You cannot manage your restaurant properly without going into the accounting details.

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How to Set Up a POS System for a Restaurant in 2025: A Step-by-Step Guide

Lavu

The right POS setup can make it easier to take orders, manage staff, track sales, and keep customers happy. With this model, you dont have to pay credit card processing fees out of pocket. Staff Size : Figure out how many employees will need access to the system and their access levels.

POS
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Restaurant Profit Margin: 7 Ways To Actually Make Your Operation More Profitable

SpotOn

Restaurant profit margin calculator How to lower restaurant costs How to increase restaurant sales Gross and net profit margins for restaurants In restaurants, profit margin is the percentage of revenue left over after expenses and costs are taken out. Then take our restaurant profit margin calculator for a spin. More on that below.

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Coffee News Recap, 18 Jul: Scooter’s Coffee reportedly considering US $1bn sale, China to remove all tariffs on African coffee-producing countries & other stories

Perfect Daily Grind

The Omaha-based roaster and retailer hired advisers to evaluate a potential sale or merger of its roughly 445 outlets across the Midwest, seeking capital for further expansion amid intensifying competition. Busan, South Korea) Fri, 18 Jul – Reborn Coffee signs US $1.7 mn master license with Arjomand Group.

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Hospitality Industry Accounting and Advisory Services: The Path to Sustainable Growth 

Paper Chase Accountancy

Budgeting and Variance Analysis: Developing realistic budgets and comparing actual performance against budgeted figures to identify deviations and take corrective action. Compliance Expertise: Do they understand the complex tax regulations, labor laws, and licensing requirements unique to the hospitality sector? Opera, Cloudbeds)?