article thumbnail

Surprising Ways that Tech Can Help Evolve Your Restaurant

7 Shifts

After that, the most popular back-office technologies were accounting software (52%, up from 31% in 2018) and payroll software (50%, up from 28% in 2018), according to a study from Toast. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing.

article thumbnail

7 Issues that Threaten the Franchisor and Franchisee Relationship

7 Shifts

Example: KFC In 2018, about two-thirds of KFCs in the United Kingdom had to temporarily close due to an inventory issue. Example: Domino’s In December 2018 , multiple Domino’s franchisees threatened to “declare war” on corporate and stop opening new stores if the franchise cost and profit models were not restructured.

Franchise 435
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What is a Virtual Restaurant? And How to Start One

7 Shifts

Joel Farmer, co-owner of Gerizim Cafe & Ice Cream launched his virtual restaurant Brooklyn Burger Factory on Aug 1, 2018, and is “now selling as many as 75 burgers a day, with revenue 28 times that ,” Bloomberg reports. There is no other food delivery app like Uber.

article thumbnail

For Restaurant Owners, Cybersecurity is a People Problem 

Modern Restaurant Management

Furthermore, Franchise Direct, as of 2018, determined that there were nearly 275,000 franchised restaurants in the United States. In 2018, Panerabread.com, a website where customers sign up to order food online for pickup in stores or for delivery, leaked millions of customer records.

article thumbnail

Would You Like To Leave a Tip? Restaurants are Feeling Diners’ Tipping Fatigue.

7 Shifts

In 2022, 41% of American consumers say they don't use cash in a given week, up from 29% in 2018 to 24% in 2015. According to a new Pew Research Center survey , the share of Americans who go “cashless” has doubled in the past few years. So while the social media outcry may seem exaggerated (as it usually is), “ tip-flation ” is real.

article thumbnail

10 Top Restaurant Technologies To Evolve Your Business

7 Shifts

After that, the most popular back-office technologies were accounting software (52%, up from 31% in 2018) and payroll software (50%, up from 28% in 2018), according to a study from Toast. The first technologies that restaurants often invest in are the cloud-based point of sale (POS) systems and payroll processing.

article thumbnail

Our Wage Models are Broken

7 Shifts

The Tip Pooling Model After the FLSA updated its guidance in 2018, it became legal to share tips across hourly employees, as long as they’re all paid the state’s full minimum wage. So, here are some best practices and takeaways for those who are interested in learning more about the various options available.