In the restaurant business, there’s one thing everyone wants more of…
Time.
Just a few more minutes a day, a few more hours a week, an extra day a month you could spend on yourself.
Extra time for family.
Catching up. Just taking a breath.
Putting more into the hospitality side of the business.
Sounds like a dream… huh?!!
Investing your time and money wisely when it’s slow can make or break you when it comes to bringing dollars through the door.
You can either sit back and hope for the best, or you can take actionable steps to make sure the money keeps flowing.
One of the best hacks to prevent lost revenue during slow seasons is to establish an ongoing events program for your restaurant.
Technology can be a life-saver.
Whether it’s an app, a POS system, or reservation software, restaurant technology has changed the way your business runs for the better.
And restaurant technology has never been more abundant. New tools are popping up every day, and existing technology is rapidly changing.
But this often leaves restaurant managers in a sticky situation…
The restaurant industry is killing it in more ways than one.
You could say it’s killing it when it comes to sales… they’ve shot up 3.8% from last year.
That’s pretty good.
And restaurant-industry employment is now 14 million employees strong, adding jobs at a 3.5% rate last year.
But the restaurant industry is also killing it in another way.
Turnover rates are staggering and labor costs are eating operators’ dollars. The overall turnover rate in the industry was 66.3% in 2014, and 72.1% in 2015.
Although an improving economy means more business for restaurants, here are 6 reasons it also means high labor costs.
Restaurant Marketing is one of the most important factors ensuring your business takes off and becomes profitable.
In fact, not properly marketing your restaurant is one of the most common restaurant mistakes you can make.
There’s no doubt among the seemingly hundreds of other tasks crowding your day, marketing your restaurant is hard to fit in.
Running a restaurant is more complicated than most people realize. You have to do an awful lot of things right to make a little bit of money.
And when you’re busting your butt providing a great product and great customer service, you should at least be able to put some money in your pocket at the end of the day, right?
To that end, we wanted to show you seven ways that restaurant managers leave money on the table that should stay in their bank account instead.
Do you ever feel like a human ping-pong ball?
From prepping the day’s produce to managing your server schedule, you barely have time to jump from one task before being pulled to another.
Even in the best of cases, running a restaurant is hard work and long hours.
But what if there was technology out there that could save you major time running your business?
Apps that let you have a little breathing room before the lunch and dinner rush… restaurant technology that brings in more money with less work on your part.
This technology is real, and the apps that will bring the most efficiency to your restaurant fall into 5 categories.