Increasing Restaurant Profit and Performance
2013 was a year filled with stories about big data and how it was going to be the solution to every business problem. The issue with big data is that it turned out to be, well…. too big. It was big in hype, complex and so intimidating that few businesses leveraged it.
However, savvy cloud computing companies anticipated this and focused on gathering data from many sources and then delivered it to individuals in a way that was convenient and information rich. Adding context, purpose and actionability to what was formerly 1’s and 0’s.
Looking back, our blog posts in 2013 focus on two main themes:
- Why and how restaurants can better gather data about themselves
- How the latest technology can be used to increase the profitability and success of restaurants
The restaurant industry is a competitive one. Owners and managers are getting smarter about combining the data their stores already generate daily with cloud technology, to increase profitability and success. To help with that, we’ve taken our best posts from 2013, the ones that attracted the most social media shares, the best feedback and rang true with our clients and combined them into an ebook for you.
In the ebook we cover:
- Where, why, when and what kind of data a restaurant needs
- The pros and cons of certain types of POS’s
- How to reduce how long customers feel they’ve been waiting
- How to improve the upselling of key items like bacon and cheese
- Complete the form to download the free ebook
There is no question about the value of data in the food service industry. Restaurants are run on extremely tight margins and solid data can be the edge in reducing food, labor and other costs. The value of data only becomes real when it is presented as information that can be acted upon, with context. 2014 is shaping up to be a year of breakthroughs for restaurants and the use of actionable data. Cloud- based solutions are making that possible, by analyzing data, comparing it against other restaurants world-wide and providing insight to business owners on how to improve profits.
Are you ready to better leverage the data your business provides everyday to increase profits?
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