Young female cafe owner smiles in front of her counter. She leverages technology to run her business.

What profitable restaurants know about leveraging technology

Restaurants are notoriously slow to adapt to new technology. It’s an industry full of “we’ve always done it this way” and “if it ain’t broke, don’t fix it.” I get it. Generally speaking, the latest technological innovations haven’t really affected how a restaurant makes great food or how they provide great customer service.  Then came…

Young African American female cafe owner thinking about how to better run her business.

Restaurant Finance: How to Calculate a Restaurant Contribution Margin (and why)

Do you know the #1 concept that will determine if your restaurant thrives or dies? A lot goes into running a restaurant but if your goal is to have a successful, thriving restaurant business, you need to keep one important number in mind at all times: Contribution Margin  You’re not alone if you don’t know…