Restaurants News:
Getting audited by the IRS is something no restaurant owner wants to go through. Even though audits are relatively rare for most people, it’s important to make sure you do everything you can to ensure that it doesn’t happen to you. Luckily, there are a lot of things you can…...
POS systems are the unsung heroes of the retail and restaurant industries. Though often overlooked and undervalued, these systems are the key to a smooth running and efficient operation. Modern-day POS systems let owners effectively manage their businesses. Newer POS software boasts of speed and come with a variety of…...
While some restaurants have been successful at incorporating their brands into customers’ increasingly digital lives, most restaurants still fall behind in their ability to leverage digital to drive customer engagement and revenue growth. Advances in data and technology have made it possible to build and maintain relevant conversations with individual customers…...
Have you ever wondered why pricing is determined the same way across almost every QSR The current methodology goes something like this: Multiply Cost of Goods Sold (COGS) times three Conduct some qualitative competitive research … and that’s it, you have your prices. What is so interesting about this methodology…...
Attracting a regular crowd is no easy feat but attracting a lunch crowd can be even more difficult. Lunch customers are typically on a time crunch, so they’re looking for convenience and a restaurant that fits their needs.? According to Technomic’s 2016 Lunch report, 32 percent of customers say the…...
For rushed, time-pressed consumers, convenience is king. The food delivery and “grab and go” market is booming, with Morgan Stanley projecting that “the total U.S. food delivery market could grow to as much as $210 billion over the long term, from around $11 billion today.” This growth amplifies the need…...