To answer this in a straightforward manner, yes and no. In fact, there are no laws telling restaurants or any other businesses that...
It turns out that customer loyalty is an essential ingredient for any thriving business. Increase customer retention rates by…
Keeping any small business afloat is no simple task, especially when it comes to smaller bars. With unpredictable crowds, sales vary and fluctuate. The mid-week slump is real, and not just for larger bars.
But why isn’t your bar always full?
Factors varying from the seasons to the type of beers you serve determine how much volume your bar becomes. If you need ideas on how to increase sales volume for your bar, then you’ve discovered the right article.
Now, other than bringing in new customers, keep in mind that one of the best tactics is to retain existing customers, which you can read about on our other blog post!
Thankfully, there are always creative ways in which your bar can increases revenue. Here are five tips on how bars can increase traffic and sales during the not-so-happy hours of the week.
For many small businesses, figuring out the best approach to finding new customers and keeping the current ones can be a stressful task that must be repeated again each day.
Whether it’s through customer service, marketing, or making sure products and services are available to a wide range of clientele, getting your business into the hands of the right people can be a challenge that requires a lot of careful thought and budgeting. However, there’s plenty you can do with technology these days to boost your chances of success.
Every business has its own needs, but one thing is for sure: technology is always there to help. Restaurants have a specific set of needs, and typically, there are several technology options to consider for each. Here’s how to choose the most critical pieces of technology for your restaurant.
Starting a restaurant of your own may seem like a major undertaking, but these days, there are many more options available to entrepreneurs who want to make something of their own and be successful at it. Whether you want to create a mobile eatery with a food truck or buy a storefront to turn into the restaurant of your dreams, there are several things you can do to keep the costs down. It is crucial to think about the details, however, and to stay on a budget as you consider things like marketing and advertising or labor costs.
If you’re in the restaurant business, you know there’s simply no substitute for excellent customer service. Great customer service produces customer loyalty and fans happy to spread the word about your business. That’s as true of the restaurant business as it is of any industry.
Technology and an ever-increasing customer demand for convenience and outstanding customer service have led to the creation of innovative new ways designed to help restaurateurs keep up with that demand.
“Game changers that could redefine your restaurant”... That is one big statement, but we know that the points discussed below play a role in determining the success or failure of your restaurant.
As a restaurateur (or manager) it is easy to overlook the smaller-scaled details in your business because of the heavy load of work that comes with owning, managing and running a restaurant. However, ignoring those “secondary” tasks could result in undesired challenges and setbacks.
Can you guess what these “small-scaled” activities are? Well, let us give you a hint; they all tie back to ATMOSPHERE. Yes, you heard it, atmosphere and all its attributes are key players in the hospitality industry, and ignoring them could backfire.
Do you believe that a modern POS system will not add anything to your already successful business? Well let me ask you this: As a restaurant owner or manager, have you ever found yourself wondering where all the money has gone? Have you been in a situation where the numbers were not adding up? Have you had days when incoming orders were significantly slower than other days? Have you ever wondered why your customers were not finding convenience? And the list goes on…
Well-established and successful restaurant owners believe that their traditional way of doing business is the most convenient and a modern POS would not be of any benefit. We have put down a list of reasons why a cloud POS system will exceed your expectations and become a major player in your even more successful business.
Restaurant owners face a lot of financial challenges, from thin profit margins to negative online reviews. But there’s one big financial threat restaurant owners aren’t thinking about: cyber-security. In 2018, Chili’s, Dunkin’ Donuts, and Panera were among the restaurants hit with data breaches, and recent data shows restaurants and hospitality businesses are the most common target of cyber attacks.
Large restaurant chains can weather the high costs of a data breach, but small businesses don’t have the same luxury. That means prevention must be a top priority. Unfortunately, many restaurateurs don’t appreciate the importance of spending money on cyber-security or think they’re already doing enough to protect customer data. In truth, huge holes exist in the cyber-security practices of most restaurants.
If love isn't the answer then food definitely is...
With Valentine's Day approaching, most couples find that going out for dinner would add a hint of flavor to their relationship. As per multiple reports Americans spend approximately 3.7 Billion dollars on going out . That is one big number... but how can you make your restaurant be their choice of hang out?
"Spending on food and entertainment options for a night out on the town are projected at $3.7 billion, followed by flowers ($2 billion), clothing ($1.9 billion) and candy ($1.8 billion)". (FoxBusiness)
Here are some beneficial tips to make the most of this once a year event:
If your restaurant still hasn’t made the addition of online ordering, it’s possible you may not yet see the immediate need. You haven’t been losing money, you’re gaining customers, and maybe you’re even doing pretty well overall.
But let’s face it, doing ‘pretty well’ isn’t the mindset that compelled you to seek success in this tough restaurant industry. No, you were determined to thrive; triumph; flourish!
And it’s with that in mind that you continue to seek greater efficiency, more loyal customers, happy staff, and ultimately, increased profits.
So, while your current system or way of doing things may be pretty good, don’t let complacency stand in the way of future success.
And if you’re still hesitant about making the jump for online ordering, consider the following ways that it can help to increase and foster your customers base, boost efficiency, and increase sales.
As I’m sure you may know, repeat customers are vital to the success of a restaurant. However, if you need a little convincing, check out these two stats:
Managing, and measuring productivity should be the number one priority of every business owner, especially in the hospitality industry where service is key. Paying attention to productivity levels will assist management in determining the success of the restaurant and whether or not changes are needed to help improve overall output. This article will cover a couple of ways your POS system can help boost productivity in your establishment and ultimately increase profits because, isn’t that always the goal?
Owning and managing a restaurant is HARD WORK, there’s no other way to look at it. Whether it’s worrying about staffing, keeping up with inventory levels, ensuring customer satisfaction, or all of the above, restaurant managers and owners are constantly on the move to maximize their restaurant’s potential. Because of this drive for growth and success, many owners do not have the time to run back and forth to the restaurant for every issue and must make decisions on the move.
Since this is the first blog post on the website, it's only natural to start with an introduction.
Ordyx POS is a state-of-the-art restaurant, bar, nightclub, and hospitality point of sales solution. We were actually the first cloud-based point of sales system in the USA.
Our newest software, OrdyxOne is set to launch 2020, which will provide users with a uniform interface, ease of use, high speed performance, and much more.