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The State of Full Service Restaurants

Modern Restaurant Management

Seventy-four percent of full service restaurants (FSRs) managed to maintain or increase their sales during the pandemic; however, profit margins in 2021 declined to 10 percent, compared to 12 percent in 2019, according to third annual State of Full Service Restaurants Report released by TouchBistro.

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Seven Restaurant Trends That Will Define 2022

Modern Restaurant Management

For restaurant owners, this structure means much lower overhead costs, no service staff, using ghost -kitchen POS system, and delivery-only ordering. The main thing they should invest in is creating a good website for their restaurant and building a strong online presence. We’re way beyond ordering in on a lazy night.

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How To: Social Media Marketing in the Restaurant Industry

Modern Restaurant Management

But millennials and Gen-Z are quickly becoming the largest generation, overtaking baby boomers in 2019. Other things to consider when you first set up your page include: Call to action button – Adding a button to your Facebook page that directs users to your menu, reservation page, or online ordering system.

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Why Your Website Is Slowing Down Business During COVID-19

Modern Restaurant Management

What you might not realize is that even if you're a primarily a dine-in restaurant, the chances are high that the majority of your orders and/or reservations are still coming from these mobile devices. In no uncertain terms: if it isn't super easy for someone to see your menu on their phone, they aren't going to order.

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MRM EXCLUSIVE: Four Easy-to-Implement Strategies to Weather COVID-19’s Impact

Modern Restaurant Management

Creating menu items that share the same ingredients allows restaurants to order ingredients in bulk, which can significantly cut costs. In 2019, labor costs averaged 31.6 Restaurant operators should then work on implementing and optimizing a user-friendly online ordering system. Starting with Loyal Customers.

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Restaurants Implementing Technology Today Are Better Prepared for the Disruptions of Tomorrow

Modern Restaurant Management

Restaurants that incorporated digital solutions such as contactless ordering and delivery have been able to continue safely serving customers despite closures and shortages. From 2019 to 2021, the number of customers using food delivery apps rose by 21 percent , and this number is expected to grow another 22 percent by 2023.

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Adapting Post-COVID: What’s Changing For Restaurants?

Modern Restaurant Management

Since the start of the crisis, restaurants affected by mandatory closures have pivoted to delivery and takeout to sustain their businesses, with nearly half of Americans willing to leave home to purchase restaurant meals as long as there is a low or zero-contact way to pick up the orders. Revisiting Tech Stacks to Connect Data.