
​​​​​Industry news
What’s cookin’ in the industry?
Get the goods on prepping for the future in the restaurant biz. 🌟
Sidestep the margin meltdown
Picture this: It's 2030, and restaurant margins are getting leaner because of employee wages and prime real estate costs. So, what can you do?
đź”® The Forecast: Costs are already up and show no signs of stopping. Since 2019:
- Real estate costs spiked by 12%
- Food & beverage expenses jumped 29%
- Employee wages skyrocketed by 31%
🛠️ The Fix: Fully integrated software — from scheduling to inventory management — will be your sous chef for efficient operations and cutting expenses.
🫵 Your Move: Get ahead of the curve and adopt new tech now. The right tech can offset rising costs (like streamlining R&M with ResQ) so you can remain profitable in a competitive market.
Smaller, more efficient spaces
By 2030, we'll see cleverly designed spaces that maximize every square foot. Off-premises dining will drive growth, allowing you to reach more customers than ever before.
- Smart kitchens with computerized equipment will automate operations and cut costs, allowing for more personalized guest experiences. Flexible kitchen layouts will be essential in the quest for optimized spaces.
- Customers are already hip to new ways of dining (looking at you, Doordash). Hybrid models will let you effortlessly swap between full service, takeout, and delivery to meet changing customer preferences.
- Restaurants aren’t the only ones thinking small to go bigger. Ikea is testing out small-format stores to reach more customers in areas where the big-box version of their stores doesn’t jive.
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