Running a cafe or restaurant is all about reacting to situations. A lack of awareness when your labor is 30% over what's been sold can leave you losing precious profits and hurt your bottom line. Your ability to react quickly to real-time data will help you prevent...
It’s no surprise; theft is a massive problem in the bar and restaurant industry. Sadly, most often it’s because of your staff. Theft accounts for about 7% of loss in annual revenue for small businesses, and that’s eating into your narrow profit margins. Most companies cannot afford...
How familiar are you with your point-of-sale systems multiple features? One of the biggest reasons restaurants and retail stores find their profits slipping through their fingers is because they can’t keep track of all their data. It’s a hassle to try to organize all those...
It’s official, restaurant industry turnover rose to 72.1% in 2015 While the turnover rate running high in the hospitality industry is not surprising, it has increased drastically over the last few years, at least 10% since 2013. Turnover is also expensive on your profits, according to...
Theft is one the biggest reasons a restaurant or bar can go under, but a lot of merchants miss out on the best methods to prevent profit loss from internal theft and voided out transactions. While it’s not always easy, if you have the right...
We’re now well into 2017 and EMV has been around over a year. As of the deadline of October 2015, merchants not able to process EMV transactions now own the liability for fraudulent charges. In the world of point-of-sale providers, they were a bit slow on...
There’s a lot that can be said for practice, and every person will have their own techniques, but there are some general do’s and don’ts of upselling in your restaurant. So let’s review some of the do’s and don’ts of upselling inside your restaurant. ...
Upselling can make or break a restaurant. If done well, the practice can lead to higher sales, without any increase in the number of covers done. As valuable as upselling is, the practice can be tricky. The key to upselling is awakening a desire in your...
Trying to split your time between all of your separate businesses can be exhausting. It’s even worse if each venue uses a different point-of-sale system, you can spend several hours of time trying to search through reports. How can you simplify monitoring your restaurants and cafes?...
Thanksgiving is just around the corner, meaning that the Holidays season is officially here. So what can you do to take the most advantage of this time of year? The answer is to use your greatest money making piece of technology, your point-of-sale system....