With increased costs, supply chain disruption, and labour shortages, making your restaurant as profitable as possible is paramount to your success. Do you have a revenue management strategy that works for your business? Revenue management is a system where you create win-wins for your customers and your business, offering value while protecting your margins. There […]
Customers are always looking for better, smoother, and faster restaurant experiences and that applies to their off-premise dining, too. As the landscape focuses even more on convenience, restaurants will need to decide on a delivery system that offers the best customer experience. According to Paytronix, both first-party and third-party options offer benefits for restaurants and […]
As the ongoing struggles from supply chain delays, inflation, and staffing shortages continue, the restaurant industry is slowly on its way to recovery. Studies show that while the restaurant industry remains 2.1 per cent below staffing from pre-pandemic days, 339,000 jobs were added last month, well above the predicted 195,000. This good news comes with […]
Is your restaurant prepared for the summer rush that often comes with warmer weather, longer days, and outdoor dining? As most restaurant operators continue to tackle supply chain delays, inflation, and labour challenges, having a summer strategy will put you ahead of your competition and impress your guests. Plan ahead While the season is rapidly […]
By Jason Wagenaar Technology can help with many of the current challenges facing the restaurant industry, from staffing to inflation (the cost of goods and menu prices) to increased competition, and difficult-to-navigate supply chains. With nearly half of Ontario’s restaurants operating at a loss or just breaking even and profit margins shrinking, many restaurant owners […]
By Megan Prevost Many professional fields provide opportunities to grow through the pursuit of outside research and books. Taking a little time to read up on your work can pay back huge dividends in performance, but often this doesn’t ring true for fields where experience is king. Experience is the best teacher in many arenas, […]
By Sylvia Tomczak Pop-ups aren’t an entirely new concept, but lately, they do seem to be appearing on just about every abandoned street corner or empty restaurant facade. From grocers to retailers and, of course, restaurants, the magic of the pop-up is that it’s here today and gone tomorrow. Either moving to a bricks-and-mortar location […]
