In the restaurant industry, efficiency has always been a driving factor. Whether it be alacrity of turning tables or keeping lines at the counter or a drive-thru swift and short, productivity equals higher sales. Here HT discusses how mobility, online ordering and a competitive labor market should be key considerations when making POS investments.
Restaurant Scalability Restaurant scalability has become a more achievable goal in the past decade with advances in restaurant technology that have made it easier to manage food and labor costs, create new revenue streams, track and forecast sales, manage inventory, automate the vendor payment p
The P&L statement is critical to measuring restaurant profitability. However, most restaurant operators run a P&L once a period. By then, the data is old. Without reviewing your P&L statements daily or weekly, you’re missing the opportunity to understand day-to-day strengths and weaknesses, and losing out on the opportunity to make immediate, data-driven decisions. Here are benefits of reviewing your P&L on a regular basis.
How The Chedi got patrons staying at its villas and yachts to order in-room dining.
Summary: Streamlining the back-office with customizable, predictive solution yields actionable, real-time insights for Florida-based chain as it prepares for expansion