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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Diversifying your income sources can help offset rising costs and boost your overall profitability. With an expected annual growth rate of 4.57% from 2024 to 2029, meal kits provide an opportunity to increase revenue and reach more customers. Which income sources bring the most revenue to restaurants?

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Navigating Colorado's Tip Laws: A Guide for Employers

7 Shifts

per hour, but this number will change again on January 1, 2024. Attorneys Ariel Cudkowicz and Michael Steinberg explain : “In accompanying commentary to the proposed rule, the Division notes that this hourly rate was derived from the estimated inflation-adjusted monthly equivalent of $30 in 2024 dollars—$187.32.

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5 Reasons Why Your Kitchen Needs a ‘Smart’ Upgrade Now

Qu

billion in 2024 from USD 6.08 This “smart” technology integrates with back of house (BOH) systems to help cut costs and minimize overproduction, while supporting sustainable practices that resonate with today’s environmentally-conscious guests. With all these benefits, it’s no wonder that the U.S. billion in 2023 1.

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Navigating Colorado's Tip Laws: A Guide for Employers

7 Shifts

per hour, but this number will change again on January 1, 2024. Attorneys Ariel Cudkowicz and Michael Steinberg explain : “In accompanying commentary to the proposed rule, the Division notes that this hourly rate was derived from the estimated inflation-adjusted monthly equivalent of $30 in 2024 dollars—$187.32.

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Qu’s Fall Product Release Highlights

Qu

billion in 2024 from USD 6.08 This “smart” technology integrates with back of house (BOH) systems to help cut costs and minimize overproduction, while supporting sustainable practices that resonate with today’s environmentally-conscious guests. With all these benefits, it’s no wonder that the U.S. billion in 2023 1.

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93 Restaurant Industry Statistics Every Food Service Operator Needs to Know in 2024

Apicbase

To give you the full picture of the positives and negatives of what lies ahead for 2024, we combed through dozens of recent industry reports and compiled a list of 93 restaurant industry statistics. Restaurant Industry Stats 2024 – Our Top 10 10 restaurant industry stats for 2024 to keep in mind. Let’s dig in. billion by 2030.

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Restaurant Automation: The Key to Back of House Efficiency 

Apicbase

The 2024 Square Future of Restaurants report surveyed thousands of restaurant owners and customers across the United States, Canada, and the UK. And over half of respondents said they plan to spend more on technology and automation tools in 2024. Back of house (BOH) operations are complex and have many moving parts.