According to an R365 survey, restaurant leaders are expecting a variety of challenges for the rest of the year, with many adjusting priorities to preserve margins and revenue.
This article first appeared in Bar & Restaurant News.
Restaurant365 surveyed nearly 3,700 QSR, fast casual, casual dining, and fine dining locations to learn about 2024’s top challenges and opportunities alongside their plans for investment in back-of-house technology, increased sales, and team training, benefits, and support.
“After more than a decade of building technology to help restaurants thrive, we’ve seen many cycles of the industry and know how resilient restaurant leaders are adjusting to changes in market dynamics,” said Restaurant365 CEO and Co-Founder Tony Smith. “We’re committed to investing in our product to provide the helpful tools they need to become the profitable and successful restaurant of tomorrow.”
As the landscape changes, 39% of leaders said they’re prioritizing investments in sales, marketing, and related technologies for the rest of 2024. Another 37% are focused on staff enhancements, including additional training, recruitment, salaries, and other benefits.
Read the full article in Bar & Restaurant News.
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Restaurant365 bridges the gap between accounting and operations by centralizing all data, helping restaurant operators to become more efficient, accurately forecast, and tackle any challenge or opportunity with speed and accuracy.
