Now that the U.S. is nearly two months into the COVID-19 pandemic, restaurant owners and managers are taking a step back to say “now what?” as they begin to plan the future of their organizations. Without a doubt, social distancing guidelines put in place by the CDC have forced many restaurants and eateries across the...
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Nearly everyone around the world has been affected by the novel COVID-19 strain of the coronavirus. As many are forced to work and learn from home, the coronavirus has no doubt changed the way we live our lives. Some industries are not so lucky and work in a sector where it is impossible to work...
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Historically low unemployment, new minimum wage laws, and increasing labor competition are all contributing to rising restaurant labor costs. However, there are some steps restaurants can take to counter those cost increases, and one of the best strategies is using mobile technologies. In this article, we take a look at a few ways mobile devices...
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Automation and mobility are infiltrating every facet of restaurant operations, from food prep to inventory and customer service. Because of this, restaurant technology is now a major cost center for the hospitality industry. According to Toast’s annual Restaurant Success Industry Report, 95% of restauranteurs agree that restaurant technology improves their business efficiency. So almost everyo...
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Rising food costs, increased competition, sluggish industry growth, a diminished talent pool, minimum wage hikes – it feels like the deck is stacked against the hospitality industry right now. Restaurant owners and managers are feeling the pressure from all sides and profit margins are being put under a microscope. Shaving off precious percentage points on...
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