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The Self-Serve Kiosk POS System Checklist

NCC USA

Restaurants across the country, and even around the world, are recognizing the value of self-service point of sale (POS) systems and are implementing kiosk POS systems in staggering numbers. million in 2021 and are projected to grow to $665 million in 2028, sporting an impressive 16% CAGR.

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How Restaurant Operators Can Defend Against Ransomware

Modern Restaurant Management

You have stores full of patrons, and no way to collect their money because the POS system has been hijacked by ransomware. That’s how the McMenamins restaurant and hospitality chain closed out 2021, a banner year for ransomware attacks. It’s a restaurant operator’s worst nightmare.

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Setting Up Your Cloud Restaurant POS in 2021

LimeTray

The layout of the restaurant, ambiance, cuisine, branding, and marketing are all important factors that usually come to mind first, but an integral part of a successful restaurant is an effective POS system. And when it comes to picking a restaurant POS system, you have to choose from cloud POS systems and traditional POS systems.

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Payment Security: Does the Hospitality Industry Need to Improve Customer Data Measures?

Modern Restaurant Management

With contactless card readers, servers can take the payment directly to the customer – rather than being restricted to the bar or counter. One 2021 survey suggested that non-cash payments were 73 percent higher than cash payments – good news for bar and restaurant owners! A payment gateway.

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The restaurant labor shortage: how we got here and a 2023 update

OpenTable

Vaccines and relaxed pandemic restrictions in 2021 spurred restaurant owners to hire at above-average wages , but open positions remained high. There were an average of 500,000 more job openings than new hires in the hospitality sector per month between October 2021 and March 2022. The gap between supply and demand continued.

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The Ultimate Guide To Restaurant Profit Margin

The Restaurant Times

In fact, according to reports , the net profit margins across the restaurant industry decreased from 16% in Q2 2021 to 9.59% in Q2 2022. This data should be easily accessible from your restaurant’s point-of-sale (POS) system. Train Employees: The skill of upselling to customers distinguishes a good server from a great one.

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Ways A Restaurant POS Software Benefits Your Business

The Restaurant Times

Restaurant point of sale (POS) software is one of the smartest investments you can make in 2021 if you own a restaurant. Over the last decade, point-of-sale (POS) software has evolved to improve the consumer experience and empower business owners to run operations more efficiently. . Adapt to Cloud-Based Operations .