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Five Ways to Use POS Data to Forecast Holiday Demand for Your Restaurant

Modern Restaurant Management

By utilizing the data available from your POS system, you can figure out what dishes were most popular during holiday seasons and use this to chef up a storm. Plan Employee Rotas To Meet Demand Reservations on group bookings of 10 or more people are currently up 38 percent in comparison to this time in 2023.

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2023 Outlook: Trends and Challenges Restaurants Will See, Part Two

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked experts for their thoughts on trends and challenges that will affect the restaurant industry in 2023. In 2023, we can anticipate businesses really focusing in on value and doing what they can to attract and retain both employees and guests. For part one, click here.

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How Restaurant Operators Can Harness the Power of POS Data Analytics

Modern Restaurant Management

By investing in a data-driven POS platform, restaurant operators can address labor challenges, fine-tune their stock management, design promotions based on current trends, reduce human error and more. This shift underscores the evolution of POS systems from mere transactional tools to comprehensive data hubs.

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Quick Facts About the Restaurant Revitalization Fund (RRF) Process

Modern Restaurant Management

Eligible establishments have until March 11, 2023, to use the funds on qualified expenses. Check with your POS system vendor or merchant processor, go directly to the SBA website, or call the SBA. For some business types, at least 33 percent of 2019 gross receipts must have comprised on-site sales to the public. IRS Form 4506-T.

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The Top 25 Restaurant Management Apps for Owners and Operators

7 Shifts

The ripple effects of the pandemic continue: the National Restaurant Association finds that off-premises dining continues to happen much more frequently than before, with 66% of consumers more likely to order takeout in 2023 than they were before the pandemic. Try 7shifts for free.

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9 Top Restaurant Technologies To Evolve Your Business

7 Shifts

The first technologies that restaurants often invest in are cloud-based point of sale (POS) systems and payroll processing. A wide-ranging industry report from Toast included a section on restaurant technology trends, noting that 82% of restaurants were using a POS, followed by 56% using payroll software.

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The Top 25 Restaurant Management Apps for Owners and Operators

7 Shifts

The ripple effects of the pandemic continue: the National Restaurant Association finds that off-premises dining continues to happen much more frequently than before, with 66% of consumers more likely to order takeout in 2023 than they were before the pandemic. Try 7shifts for free.