With the coming change from traditional magnetic stripe credit cards to EMV chip technology, merchants have a lot of questions about what it means for them, both functionally and financially. Here’s everything you need to know about EMV: What is EMV? The acronym EMV stands for Europay, Mastercard®, and Visa®, the three developers of this
How to Find and Maintain Success in a Restaurant
Every restaurateur knows that the first few years of owning and operating a restaurant are some of the most challenging. In fact, an Ohio State University study found that 60 percent of restaurants fail within the first year, and another 80 percent are out of business within 5 years. So how do restaurants make it
Making Technology Updates with Merchant Cash Advance
Once you know what a merchant cash advance is, the next question to pop into your head could be “What can I use a merchant cash advance for?” With so many possibilities, it could seem daunting to make plans to use this cash infusion for your restaurant. This series will help you focus on aspects of your
Making Back of House Updates with Merchant Cash Advance
Once you know what a merchant cash advance is, the next question to pop into your head could be “What can I use a merchant cash advance for?” With so many possibilities, it could seem daunting to make plans to use this cash infusion for your restaurant. This series will help you focus on aspects
How to Open a Restaurant
Ask a successful restauranteur what advice they’d give to someone opening a restaurant, and they’d most likely say the best first step is to seek the insights of other restaurant owners. At the recent Google Lake FX Chicago Summit, a cross-disciplinary educational symposium, many of the most successful restaurateurs in Chicago offered just such insights
Restaurant Inventory Management: Keep Your Business Healthy
Managing a restaurant offers numerous challenges and something is always going to pop up to demand your attention, so it is important to have as many policies and procedures in place as possible. With your slim margins, controlling cost is a key to success. As food and labor are typically your largest expense, it is
The 4 Regas Rules for Restaurant Success
What do you get when you combine the nearly inexhaustible drive of a pair of young brothers, numerous awards, and a 95-year history that made a remarkable impact on the restaurant industry in America? You get Regas Restaurant, which was the oldest and one of the most award-winning restaurants in Tennessee — and its former
To App or Not? Mobile Strategy for Restaurants
The mobile industry has grown faster than any other technology or innovation in human history, with the average person now checking their smartphone about 110 times a day. With so many digital changes to keep up with, many restaurant operators struggle with how to plug their business into the mobile revolution. Although a little less
The Battle of the Burger and Beyond
When we heard the fifth episode of Bravo’s “Best New Restaurant” would feature a “Battle of the Burger,” our taste buds tingled in anticipation of the juicy deliciousness we’d see. Excitement at Rewards Network amplified tenfold, though, when it was revealed that one of the burger battle contenders would be program restaurant Tongue & Cheek!
What We’ve Learned from ‘Top Chef’
It’s definitely been a fun ride, but tonight, “Top Chef” season 12 concludes with the final showdown between chefs Mei Lin and Gregory Gourdet. Just like every week leading up to the finale, we here at Rewards Network will be glued to our screens while ooo-ing and ahh-ing at every dish. I’ve even been live tweeting