Leveling the Playing Field: Technology Gives Small Restaurants Big-Brand Advantages

We’ve all heard the statistics surrounding restaurant closures, from the 50 percent failure rate in the first five years to watching restaurant store-fronts change over year to year. The landscape is only getting more difficult, as evidenced by name brands like TGI Fridays and Red Lobster closing locations around the country. With the rising costs of goods, consumers growing more conscious of spending habits, and private equity-backed brands popping up in communities large and small, mom-and-pops are in danger of adding to the failure statistics.

Independent restaurants have always been cornerstones of community, providing anything from comfort foods to places to unwind, but despite their vital role in society, adapting to the challenges continues to be a struggle. As technology bridges gaps in industries and societies around the world, making advanced solutions accessible to independent operators is vital to their success. 

Scaleable Solutions Are Key to SuccessFor years, large…