Analytics is a scary word meant only for the data nerds, right? Wrong. While it might seem you need to be a numbers whiz to worry about analytics, you should think again. If you own a restaurant, it’s crucial that you understand restaurant analytics. Why? Because knowing how your restaurant is performing by collecting data […]
Long-term investment provides capital to drive growth, innovation LEHI, Utah, July 8, 2021 – SynergySuite, the global leader in back-of-house restaurant technology, announced a combined $7 million raise from equity and debt. The investment comes from new partner LAGO Innovation Fund, as well as existing investors First Analysis and Oyster Capital. The restaurant industry has […]
Learning how to effectively cost your recipes and engineer a unique (and optimized) menu is vital if you want to run a successful restaurant. This article explores each of these processes and how technology can amplify your effort and improve your restaurant margins. As a modern restaurateur, you have access to several advantages that your […]
How much does it cost to keep your restaurant running? Of course you need to pay rent and purchase inventory, but one of the most critical things to think about is restaurant labor cost. In other words, how much does it cost to staff your restaurant and serve customers? And how do you calculate your […]
If you’re an operator serious about making more money, you and your managers need to track and review your biggest and most volatile costs frequently in order to prevent unnecessary profit loss. A great way to do this is through a daily restaurant activity report, restaurant daily sales report, or restaurant operations report. Many operators […]
Innovation in cloud-based software and mobile technology today has dramatically increased the ability for businesses to easily capture data to better manage their restaurants. Restaurants can track and analyze aspects of their business with data that wasn’t previously available or easy to collect. With timely insights, restaurants can optimize processes, make better decisions, and save […]
