In the fast-paced world of hospitality, managing finances efficiently is crucial to maintaining smooth operations and ensuring profitability. Invoice processing, a fundamental part of financial management, often presents challenges that can slow down operations and impact the bottom line. In this blog, we’ll explore how to streamline invoice processing in...
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8 Creative Pub Promotion Ideas to Attract More Customers
It's no secret that running a pub can be tough. The number of pubs in the UK has been slowly declining over the past few decades, and the pandemic has put existing pubs under even more strain.
If you're a pub owner or manager, you know the challenges all too well....
7 Ways to Enhance Guest Experience in the Hospitality Industry
In today's competitive hospitality industry, guest experience is more critical than ever. With travellers having countless options, your ability to stand out hinges on delivering an exceptional experience that leaves a lasting impression. In this blog, we'll explore seven effective strategies to elevate the guest experience at your property, ensuring...
How to Improve Your Restaurant and Grow Your Profits
Running a restaurant is no walk in the park. Rising operational costs, stiff competition, and the constant pressure to keep customers happy are just
some of the main challenges
that can make it feel like an uphill battle.
So are you a restauranteur wondering how to improve your restaurant and grow...
Top QSR Trends Shaping the Future of Fast Food
The fast food industry never stands still. With the United Kingdom Quick Service Restaurant (QSR) market size estimated at
34.07 billion USD in 2024
, staying ahead of the curve is crucial for success.
Understanding the top QSR trends helps operators keep pace and thrive in this dynamic market.
Here are the key...
Essential Restaurant Industry Benchmarks You Need to Know
Running a successful restaurant involves more than just serving delicious food.
It requires understanding and managing key metrics that drive efficiency and profitability.
Keeping track of restaurant industry benchmarks is an integral part of helping you identify areas for improvement and enhance your overall performance.
In this guide, we will look at the...
Practical Tips for Running a Profitable Restaurant and Pub in the UK
Running a profitable restaurant and pub in the UK can be incredibly rewarding, but it also comes with its fair share of challenges.
In fact, in 2024,
45% of operators
expect competition to be more intense than last year.
To ensure long-term success and stay ahead of the competition, it’s crucial to...
Most-Profitable-Restaurant-Menu-Items
Your menu is your primary money-maker, but many restaurants miss the mark.
Balancing profitability and customer enjoyment can be tough, but putting in the research and brainstorming is somewhat essential. Crafting a menu that strikes the perfect balance ensures your restaurant not only survives but thrives.
Read on to discover our list...
7 Top Tips to Maximise Restaurant Profitability
Running a restaurant is tough, especially when
45% of operators
expect competition to be fiercer in 2024 than it was last year.
Small changes in how you manage your restaurant can lead to significant improvements in your profit margins.
By focusing on key areas like customer experience, menu development, and cost control,...
How to Increase Restaurant Gross Profit Margins with These Proven Strategies
Profit margins are the lifeblood of your business, determining how much you keep from every pound earned. Boosting your restaurant gross profit margins is crucial, especially with more than
54% of operators
reporting a decline since COVID-19.
However, this can seem easier said than done.
The good news? With proven strategies and...
How to Reduce Restaurant Waste with These Smart Tools
Food waste is a big issue for restaurants, costing the UK about
£682 million every year
.
This isn't just bad for the environment but it also hurts your bottom line.
The main culprits behind all this waste? A lack of relevant sales data and inaccurate forecasting.
But here's the good news: you can...
The Essential Role of Restaurant App Development for Efficiency and Cost-Saving
Adopting new technology in restaurants is no passing trend. A massive
76% of operators
believe tech helps them stay competitive, yet many think they could do more to keep up.
This gap reveals a huge opportunity for restaurant app development.
Automating invoice processing and eliminating email chains for approvals are just a...