Managing the Cost of Inflation (Infographic)
1 Min Read By NowSourcing
Why exactly is inflation rising so quickly at the moment? If you’ve been out to the grocery store, restaurant, gas station, or watching the Dollar Store go up to $1.25, it’s hard to miss all of the signs.
What can restaurants do to hedge against inflation? It is difficult to keep their customers happy with price increases, but can do their best to minimize this by having more efficient carry out and delivery services. Furthermore, it is difficult to keep staff happy with a tight job market and demand for higher salaries.
Learn more about what’s driving the cost of inflation in the visual deep dive below: