Why do most tech implementations fail at restaurants?
The real reasons why most tech implementations in restaurants fail 1) Unclear goals. What challenges, opportunities, or risks do we want to address? Not tackling the correct issues and being swayed by a shiny promise don’t solve the core issues of the business. Solutions: 2) Losing momentum and not finishing the implementation: Implementations are very […]
New Competition in Restaurants: Are You Prepared?
Introduction Dear Independent Restaurant Operators, The new competition in restaurants is not just the neighboring eatery or the latest food trend. Private equity (PE)-backed restaurant groups, armed with resources and industry expertise, are redefining the landscape. As independent operators, it’s time to recognize this shift and prepare to compete in a game-changing environment. Who Is […]
How to best benefit from the accounting department in your restaurant?
To truly benefit from restaurant accounting, you need more than tax filing and bill payments. Accounting departments play a pivotal role in enhancing financial controls, mitigating risks, and improving overall profitability. By leveraging the full potential of your accounting team, you can safeguard your restaurant’s finances and position your business for long-term success. The Importance […]
How My Failure Can Boost Your Restaurant’s Bottom Line
We negotiated for millions of dollars in purchases and almost always came on top. Uncovered strategies that can help you boost your restaurant bottom line. As I am always prepared with data before negotiations. I have meaningful conversations with the totality of the supply chain to understand what is happening in their business, their concerns, […]