As the push to increase the minimum wage on a national scale continues to grow, restaurateurs are developing an increased sense of foreboding. The earliest impacts of a sharp minimum wage increase are being seen in metropolitan areas like Seattle and New York, with a mixed bag of results. While some restaurants in these areas…
Businesses switching to a cashless payment model have been trending upward in recent years. According to Capgemini, cashless payments in 2016 reached $486.2 billion, with a forecasted growth of 21.6% globally through 2021. Additionally, the number of cashless transactions in North America has reached 161 billion with little sign of slowing. With cashless payment policies…
Picture it: It’s Friday night after a long week of work. You get home and realize you’re just too exhausted to cook dinner. You also don’t think you feel like spending an hour at a sit-down restaurant. Your stomach rumbles. Clearly, you’ve got to do something. Why not order some delivery? You get fed and…
Culinary experiences are more than just great food. Cozy atmosphere, menus that don’t overwhelm, and personalized service are attractions that most diners seek. While this has been traditionally true for decades now, a trend is building towards restaurants that are little more than a kitchen and a small dining counter. Restaurants following the micro restaurant…
Technology is rapidly taking hold in every aspect of our daily lives. As the technical expectations of consumers grow by leaps and bounds, small business owners are feeling the pressure to stay current on tech trends. Regardless of if you are operating a small retail boutique or a fast-paced eatery, your customer’s service tastes are…
At the end of the day, restaurants live and die by their food, right? While that may have been the case in years past, atmosphere and service are rapidly becoming just as important. Keeping things fresh is vital to long-term success. According to the National Restaurant Association, 61% of customers prefer the dining experience, and…
While the POS industry has been around for quite some time, it hasn’t been until fairly recently that the technology has begun to truly innovate. There are several point of sale restaurant trends that stand out as the ones to watch. Identifying the next-gen technological advancements available in POS systems, and to a lesser extent…
As is the case with most businesses today, you probably started out small and, thanks to hard work and smart maneuvering, have a gained a high level of success. As you are watching your business reach its operational capacity, franchising your business may cross your mind as a potential option. First things first: it won’t…
There’s no denying it: Pop-up shops are unlike most other businesses. Whether they’re limited-run restaurants, monthly events, or special, one-night-only affairs, many traditional business tactics are out the window. While sales tracking and reporting are, of course, still important, long-term business strategies don’t always apply (unless, of course, you’re a serial pop-up shop entrepreneur). Like…
Mother’s Day brings retailers and restaurants some fantastic opportunities to increase their levels of customer engagement. The potential windfall to all businesses is illustrated through National Retail Federation (NRF) research, which indicates that 86% of Americans celebrate Mother’s Day, spending $23.1 billion in the process. Regardless of whether you are a boutique retailer or a…