Toast Restaurant Blog

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RESTAURANT HIRING & TRAINING

The 5 Real Reasons You're Losing Restaurant Staff

Employee turnover is at 73% in the restaurant industry. In this post, we will:

  • Explain how to write an all-star restaurant employee handbook.
  • Set clear expectations for new hires.
  • Connect you with a free handbook template to use yourself.

 

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INDUSTRY NEWS & TRENDS

50+ Restaurant Industry Statistics for Restaurant Owners in 2018

Are you caught up with the latest facts and figures in the dining world? In this blog, we:

  • Highlight stats in restaurant technology, sales, payment, and more.
  • Bring these statistics to life in a new video.
  • Reveal new findings in Toast’s newest Restaurant Industry Report.

 

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RESTAURANT MARKETING

5 Essentials for Your 2018 Restaurant Marketing Plan

How will you reach new customers this year? This blog post covers:

  • Ways to reach customers online with social media and search ads.
  • Reaching customers at events and in the mail.
  • Engaging new faces with video marketing.

 

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INDUSTRY TECHNOLOGY

5 Restaurant Technology Trends + Predictions for 2018 [Infographic]

Restaurants and their guests don’t always see eye to eye when it comes to restaurant tech. Here, we:

  • Identify the gaps between restaurants and diners when it comes to online ordering, reservations, and more.
  • Point out where these two groups share common ground.
  • Connect to additional findings in our Restaurant Technology in 2017 Industry Report.

 

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RESTAURANT METRICS

7 Restaurant Metrics and How to Calculate Them

Most restaurant owners are math majors. We get that. To help, we:

  • Lay out the 7 key performance metrics to know in a restaurant.
  • Present easy ways to calculate and understand these numbers.
  • Introduce you to a free restaurant metrics calculator

 

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Mike Vichich

Mike Vichich is the CEO and Cofounder of Wisely. He grew up as a server in restaurants and, after college, spent five years as a strategy consultant for Fortune 500 companies, focusing on profitability growth and customer acquisition & retention. Wisely is a hospitality technology company whose mission is to help restaurants attract valuable guests and delight them for life. The company seamlessly integrates data from operations and marketing, enabling one view of the guest, eliminating manual data manipulation, and unlocking hidden growth potential. Its clients are restaurant brands that view guest experience as the cornerstone to sustained success.

Recent Posts

By: Mike Vichich July 7, 2017

5 Restaurant Finance Tips You Should Really Be Familiar With

Restaurant Metrics

"I love going over my finances!"

...Said no restaurant owner ever.

But as any successful restaurateur knows,..

4 minute read