How To Ensure Restaurant Profitability When Inflation Is High [Use These 5 Tactics To Dampen Price Increases]
If CoGs and overheads rise due to inflation, your menu prices should follow. It’s as simple as that. Otherwise, your margins shrink, and your working capital disappears. Or worse, you’ll make a loss. But before adding a flat 5% to each menu item, use these tactics. They will help you reduce your costs structurally. That way, […]
How to Increase Sales for Scaling Restaurant Businesses
Managing a restaurant business is quite tricky. There are plenty of factors you need to consider aside from the food quality. You need to ensure that the customers are getting what they paid for. Another challenge for restaurant owners is competition. More and more people have started their food businesses around the country. You’ll be […]
What Is An API And Why Is It A Game Changer?
APIs are game-changers for the restaurant industry and its pursuit of digital transformation and data-driven operations. In this article, we explore how APIs work and their applications and benefits for the restaurant industry. In an industry increasingly dominated by digital tools, APIs connect the growing number of data sources into one unified ecosystem. Technology is […]
Restaurant Franchising: 10 Essential Performance Metrics For Consistent Group-wide Profitability
It’s a giant leap from running a handful of locations in-house to franchising your restaurant. It’s easy to lose control. Monitoring restaurant performance metrics puts you back in command. And control is what you need to ensure group-wide consistency and profitability. This article lists ten crucial restaurant franchise metrics. With these, you can help your […]
5 Ways Technology Helps Structurally Reduce Operating Costs in Restaurants
Margins in the restaurant sector are wafer-thin. That is no news, but a problem that has existed for years. What ís new, however, is that affordable new technologies are increasingly tipping the scales towards greater profitability. Restaurateurs that want to strengthen their bottom line must be able to keep costs under control. The trouble is […]
47 Scaling Restaurants In Scandinavia To Keep An Eye On (Because They Are Awesome)
The hottest restaurant scene in Europe right now? Scandinavia. Yes, you heard right. You may not have noticed, but some brilliant restaurant chains and franchises are shaking up the dining culture of the Nordic countries, both with new concepts and by revamping old ones. The level of quality, service and innovation is high. These restaurants […]
Beyond Restaurant POS Reports: Why Your F&B Operation Needs Insights-Rich Analytics to Grow
Restaurant reporting has become a vital tool in an industry that has — for far too long — relied on gut feeling to make business decisions. Today, restaurant operators and F&B managers like you have access to many reports, primarily thanks to advanced POS systems. However, while there are certainly many upsides to this digitalisation, […]
Technology Strategies For Hotels Are Outdated—The Hospitality Industry Should Embrace A New Scalable Approach
Every article about technology for the hospitality industry seems to start with a similar statement. It goes something like: ‘advanced software rapidly pushes hotels in a revolutionary new direction’, followed by long lists of solutions with headings such as: ‘Best systems for the hospitality industry [implement today!].’ Whether investing in so many different technologies makes […]
7 Ways to Protect Your Restaurant Data From Cyberattacks
It’s no secret that the restaurant industry is always looking for new ways to wow its customers. Often this has meant creating new and exciting dishes and introducing diners to new flavors. Other times innovation has centered around customer service. But as the world has evolved. There is an increasing focus on digital opportunities. Many […]
