The hospitality industry has changed drastically over the past few years, and this change has affected the way restaurants/bars operate their businesses. The hospitality industry requires businesses to have social media presence if they wish to stay competitive in today’s marketplace.

Restaurant profit margins are something that every restaurant owner should pay close attention to, as they are one of the most important factors in deciding the success or failure of your restaurant.

As hospitality venues look ahead to the new year and start to plan for 2023-24, one of the most important considerations should be inventory management. Having an efficient system in place to track and manage inventoryis essential for any successful hospitality business.

Keeping your restaurant well-stocked with food and beverages can be one of the most challenging aspects of running your business. If you do not have enough supplies orrestaurant sales innovation, you may run out, which will leave your customers upset that they can’t order their favourite menu items.