Many retail stores are skating on thin ice these days with the increasing pressure from the e-commerce sector. But there are still plenty of shoppers who will make a trip to a brick and mortar location—and they are there for…
Cost of Payroll Fraud: A Problem with a High Price Tag
Payroll is already a significant expense for most businesses. Add fraud on top of that outlay, and the impact can be serious. According to the Association of Certified Fraud Examiners, the cost of payroll fraud from nefarious activity accounts for…
3 Big Challenges Facing the Hospitality Industry and Restaurants
The hospitality industry in general and the restaurant sector in particular tend to get hit hard when things change. These shifts can be as big as globalization, as specific as the local economy, and as unpredictable as technology. Add in…
Top 5 Technologies Restaurant Owners Should Know About
Technology is the next great competitive advantage for restaurant owners to grasp. But deciding what to implement first can be a challenge. There are so many ways to use tech to improve operations, reduce costs, increase customer satisfaction, and drive…
Restaurant Managers: 6 Reasons Your Employees Quit
The turnover rate in the hospitality sector has been rising steadily for the past several years. In 2015, the Bureau of Labor Statistics reported that the rate increased from 66.7 to 72.1 percent. This still isn’t quite as bad as…
