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As the pandemic raged, hordes of hospitality workers shifted to in-office or at-home jobs, leaving a large labor gap to be filled, especially as tourism returns to pre-pandemic levels. The problem is not a lack of qualified workers, but a lack of desire to return to a hospitality workforce still on the mend.
For example: merchandising at your location or online sales of food items; consumer packaged goods such as dinnerware, cookbooks, aprons; phone orders where you take credit card information on-site to charge later when the delivery arrives. What Is Restaurant Revenue? To get a monthly average, you would multiply that figure by 30.
Access to Capital Remains a Challenge : 66 percent of operators anticipate needing additional funding in 2025, yet fewer than 12 percent have explored POS-based lending, despite its potential to provide faster, more flexible capital. Explore Easier Access to Capital : Traditional loans aren’t the only option.
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