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2024 Outlook: Restaurant Trends and Challenges, Part Three

Modern Restaurant Management

Modern Restaurant Management (MRM) magazine asked restaurant industry experts for their views on what trends and challenges owners and operators can expect to see in 2024. An issue that may arise from this in 2024 is data privacy. – Corin Camenisch, Product Marketing Lead at SumUp 1 + 0 = 3: The New Math of Marketing!

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7 key restaurant revenue streams to prioritize in 2024

7 Shifts

Choosing this option is beneficial if your restaurant is in a competitive market where people use these apps frequently. You can then accept cash payments upon delivery, which is helpful for local restaurants with limited budgets. Encourage attendees to share their experiences online social media for word-of-mouth marketing.

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The Complete Checklist For Selling Your Restaurant In 2024: Pre-Sale, Sale & Post-Sale

7 Shifts

The goal is to determine the total amount of cash flow that will be available to the new owner after accounting for these types of expenses. These include location, profitability, market trends, and more. Profitability Showing consistent profits and positive cash flow can increase the perceived value of your restaurant.

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What to know about New Jersey tip laws

7 Shifts

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either. Let’s look at an example.

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What To Know About New Jersey Tip Laws

7 Shifts

A modern restaurant management system can help with compliance. If the restaurant management chooses to pay some or all of the service charge out to staff, that money counts as taxable wages, not tipped income. Managers, supervisors, and employers can’t receive funds from tip pools either. Let’s look at an example.

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Top 5 Best Restaurant Loyalty Programs of 2024

Bingage

In today’s competitive market, building customer loyalty is paramount, and cutting-edge loyalty solutions are helpful to drive engagement and boost retention but the question is there are several loyalty program providers in the market so which one to choose? Dedicated account support manager, and expert consultation.

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Restaurant Guide: Top 5 Best Restaurant Loyalty Programs to Use in 2024

Bingage

In today’s competitive market, building customer loyalty is paramount, and cutting-edge loyalty solutions are helpful to drive engagement and boost retention but the question is there are several loyalty program providers in the market so which one to choose? Dedicated account support manager, and expert consultation.