Merchant Cash Advance Blog

If you dream of running a profitable and successful restaurant without the grueling hours and massive overhead that drive so many such businesses into the ground, consider adding an all-you-can-eat buffet

Successful restaurantuers know that food alone does not define a dining experience. Atmosphere adds a great deal, and since Americans have a long-standing love of dining al fresco, restaurants hoping to boost revenue should consider adding outdoor seating.

Adding outdoor seating to a restaurant can increase revenue in two ways: First, it produces additional seats, allowing the restaurant to serve more customers at once, but it also draws in a completely new type of customer – the type that prefers to enjoy their meals outdoors.

Because of the on-the-go nature of the food truck business, there was a time when cash was the only acceptable method of payment for food truck proprietors. But thanks to mobile technology, accepting credit card payments is a simple, cost-effective way to increase a food truck’s business.

As the owner/operator of a food truck, you already know that you face stiff competition and, often times, margins that are uncomfortably thin. That's why it's best to make your food as easy to obtain as it is delicious. Accepting credit cards is a great start.

Your restaurant has great food and great service, but that does not mean that business is booming. In fact, despite a high-quality product, you might be experiencing lackluster sales and a tiny profit margin that barely keeps your business afloat.

What could be wrong?

Mobile payment strategies aren't solely for use by retail outlets - a number of businesses in the food service sector are benefiting from the use of such payment processing technologies.

Mobile Commerce Daily, for example, recently reported how BJ's Restaurants is leveraging use of mobile payment technology to help increase revenue at locations. Members of the company's premium loyalty program are now able to access an electronic bill for their food order using their own mobile phone, to be paid at their own convenience. The company feels such a streamlining will help to "boost sales and revenue after a challenging season."