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Building a Restaurant Budget

11 Aug: How to Build a Successful Restaurant Budget

How to Build a Successful Restaurant Budget  Restaurants run on razor-thin profit margins, typically between 3% and 6%. And, over the past five years, food and labor costs have surged by nearly 35%. This combined financial pressure has made it more challenging than ever for operators to succeed when managing a restaurant budget. On top of that, higher costs are leading to increased menu prices. Between 2020 and 2024, the consumer price index for all food rose by 23.6%, leading to 67% of Americans dining out less frequently. That means fewer tickets and a tougher fight for every dollar. In this climate, a smart, proactive restaurant budget is a necessity. A…

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27 Nov: SoftwareSuggest Award 2020: TapMango Wins Best Value Award

SoftwareSuggest Award 2020: TapMango Wins Best Value Award! SoftwareSuggest announced the winners for the SoftwareSuggest Awards 2020 and we’re delighted to announce to be among the winners for “Best Value.” The SoftwareSuggest Awards are a stamp of approval provided by SoftwareSuggest (one of the largest, independent tech review platforms) to technology providers who are exceptional in what they offer.  Being recognized by SoftwareSuggest for “Best Value” just goes to show that TapMango is the leading customer engagement and loyalty platform on the market. We provide small to medium sized businesses all the tools they need to run a turn-key loyalty program on par with large retailers – all for a great…

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18 Nov: Winter is Coming: The Top 5 Things a Restaurant Can do to Survive a COVID-19 Winter

Winter is Coming: The Top 5 Things a Restaurant Can do to Survive a COVID-19 Winter Now that the days are getting shorter and the nights are getting colder, day to day interactions with your customers are starting to change– especially with the looming COVID-19 crisis making indoor dining all that much harder.  Many restaurants have quickly started to digitize their service by offering contactless delivery, mobile ordering and curbside pick-up. However, this leaves the question: how will small businesses that don’t have the budget for big agencies and app development survive this coming winter? The good news is that demand for online ordering from restaurants is only going up and…