How often have you heard the term fast casual restaurant thrown around? With the way the restaurant industry is moving nowadays, chances are you’ve heard it a lot. The fast casual dining industry is booming to the tune of at least $47 billion in annual sales and growing in the United States. But what exactly […]
Food cost is one of the most important elements to consider if you hope to have any chance of running a profitable restaurant. After all, if you don’t know how to calculate food cost, you’ll never know how much you’re spending on the main thing that keeps customers coming through the door—the food. Sure, there […]
Wondering how much restaurant owners make? It might surprise you. While the restaurant business can be very fulfilling and rewarding, it’s not always the most lucrative, especially when you’re first getting started. That said, owning a restaurant can still be a great investment as long as you know what you’re getting yourself into. We’ll jump […]
If you’re thinking about zipping through the drive thru right about now, you’re not alone. Research shows that around 83% of Americans eat at quick service or fast food restaurants at least once a week. Yep, more than eight in ten people! While the pandemic may have slowed sales a bit for a time, overall […]
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 […]
