🍽️ How to Thrive in the Restaurant Biz with Automation, Flexibility & Diversification 🔥

Feast your eyes on this week’s delicious issue of the Table Turn! We're here to satisfy your craving for the latest trends and tastiest technologies in restaurant management. We've cooked up a smorgasbord of actionable insights from Square's third annual Future of Restaurants report, which surveyed 500 culinary kings and 2,000 famished foodies. So get ready to serve up a winning recipe for success!

🌟 Key Takeaways:

1. Automation, flexibility, and diversification: the holy trinity of a thriving restaurant biz.

2. More than just a meal: restaurateurs are cooking up new revenue streams with retail items and experiences.

3. Price hikes? No problem! Consumers get it, but remember to spill the beans on why.

🔥 Hot Tips:

1. Diversify or be left behind: 88% of restaurants plan to mix things up with new offerings. So add some spice to your menu with unique experiences, retail items, or delectable DIY meal kits!

2. Honesty is the best policy: 88% of consumers know inflation is no joke. So keep them in the loop when prices rise, and they'll stick around for another course.

3. Automation: your secret ingredient for success. 95% of restaurateurs say it's a time-saver. Unleash the power of QR codes, POS systems, and table-side ordering tools to level up your dining game.

🥊 Recession-Proof Recipes:

1. Automate, automate, automate! (38% of restaurateurs are already on it).

2. Cut back on dining room hours (36% are doing the same).

3. Stir up some non-core offerings (35% are adding this to their menu).

4. Trim the fat with fewer menu items (33% plan to do this).

5. Hit the brakes on planned improvements (31% are holding off).

🤖 Automation Hacks:

1. Get a POS system that syncs with sales and inventory data like a dream.

2. Arm your waitstaff with table-side ordering tools for a flawless food journey.

3. Embrace omnichannel ordering with a centralized restaurant POS solution that's smoother than butter on toast.

Ready to conquer the ever-changing restaurant landscape? With automation, flexibility, and diversification in your apron, you'll achieve success in no time. So stay hungry for our next issue, where we'll serve up even more juicy tidbits to elevate your restaurant game.

Bon Appétit and Happy Innovating!

TT 🍳