Today, the Restaurant Technology Guys are covering a hot topic: controlling food costs in your restaurant. We have 6 tips for you that can make your restaurant more efficient & more profitable. Learn how now!
Minimum wage increases are all the rage today in places like Seattle and Los Angeles, where local governments are phasing in a $15-an-hour minimum for labor over the next few years. While some can look forward to a slightly bigger paycheck, restaurant owners and employees alike are concerned about what these increases will do to their industry. In June, the Wall Street Journal estimated that profit margins for restaurants in cities or states with rising minimum wages could shrink by one to four percentage points, based on a study by Moody’s Investors Service. Now, minimum wage staff typically don’t make up most of a restaurant’s team. So why the lost profits? Moody’s says that employers will probably introduce across-the-board raises to keep veteran workers happy and maintain the
Guest post by Rafi Cohen, Co-Founder of Orders2Me At this point, almost every restaurant owner has heard of online ordering. And for thousands of business owners around the world, online ordering systems have already boosted revenue, increased ticket prices, streamlined ordering, and added a host of other benefits. But that doesn’t mean that some restaurant owners aren’t wary of adopting the new technologies and practices associated with online ordering. Every business owner has a right to choose how to run their business, and lots of restaurant owners simply don’t choose to look into an online ordering solution. However, for many restaurant owners, the choice not to sign up for an online ordering system is based on some persistent myths about the technology. Every business
The Restaurant Technology Guys are honored to announce that we made Zipscene’s Top 20 ‘People We Follow on Twitter’ List! Zipscene is pretty much THE authority on effective, targeted restaurant marketing nationwide. We are honored that they follow the Guys on Twitter. We certainly learn a lot from Zipscene as well! Here’s what Zipscene said about us: @RestTechGuys: Restaurant Tech Guys: Put simply, these guys keep you on the forefront of what restaurants need to embrace in technology (and what they don’t.) We always strive to provide valuable information to restaurateurs nationwide, from the reasons why they should incorporate certain technologies into their stores (i.e., what will make their lives much easier and their restaurants run more efficiently) to what’s not worth the cost and hassle. We invite you to
Thieves can’t steal what isn’t there. That’s the simple yet profound concept behind the process known as tokenization. If you haven’t considered credit card tokenization for your restaurant, you are missing out on one of the most effective and affordable ways to protect yourself and your customers. More technology? You might be thinking that’s the last thing you need to deal with. But you’re already doing electronic payments, so adding credit card tokenization functionality won’t complicate matters – it will make them much simpler and more secure. More secure = less theft = happy customers = you sleep better at night. Here’s how it works: Tokenization is the process of creating a string of random characters, called a token or alias, to substitute for real
Let’s face it: human beings will seize any opportunity to celebrate, especially when it involves food or drinks. We live in a country (and day and age) characterized by stress. People are busier than ever; nearly everyone can relate to the pressure to do more and be more, keep up with the Joneses, etc. etc. The truth is, everyone needs an excuse now and then to slow down and enjoy life. Cinco de Mayo is a great day to do that – and your restaurant can help! Commonly mistaken as the Mexican Independence Day (that’s September 16), Cinco de Mayo commemorates the day of the Mexican army’s unlikely victory over the much larger French army at the Battle of Puebla on May 5, 1862. Is your restaurant prepared for