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6 things to consider when looking at your business cash flow

Posted by Justin Weinger on Jun 10, 2021 5:36:00 PM

Cash flow refers to the money that is moving in and out of your business each month. Since this is a system that is measured so often it can be easy to feel like money is only moving in one direction, away from your business, but the truth is that it does flow both ways. Learning what to look at and how to identify what your findings mean for your specific business is essential for growth and development.

In this blog post, guest contributor Justin Weigner shares with you six tips to help you understand where your cash is flowing.

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Topics: Hotels, Hospitality managers, Restaurants

How to finance a transition to a fine dining restaurant

Posted by Beau Peters on Jun 7, 2021 2:47:00 PM

Fine dining is an experience like no other. Unfortunately, the COVID-19 pandemic all but destroyed the fine dining industry. Because thousands of restaurants across the globe had to close or switch to carry-out menus for their customers, fine dining hasn’t been an option for the better part of a year.

In this blog post, guest contributor Beau Peters shares with you tips to help transition your restaurant into a fine dining venue.

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Topics: Hospitality operations, Hospitality managers, Restaurants

Online training solution to the hospitality skills shortage

Posted by Felicity Thomlinson on May 19, 2021 12:29:33 PM

The Covid pandemic initially caused major upheaval for hospitality businesses globally with business closures and staff being furloughed or losing jobs. Many of those businesses are now faced with the difficulty of finding and recruiting staff due to a global hospitality skills shortage as they attempt to open again and resume operations.

There are many factors contributing to the current skills shortage, many of which are beyond the direct control of managers or owners. An aspect where you can make a significant difference is finding people from service industries or students with a natural flair for hospitality and providing training in hospitality so they become confident, engaged, and loyal hospitality workers and employees that will stay with you for the long term. 

Hospitality is an industry for those who love customer service. When recruiting, it is important to find people who have some instincts about how to serve guests. They will also need access to high-quality, regular training to ensure that they adhere to your hotel, bar, cafe, or restaurant’s high standards. 

In this blog post, we share six tips on how to tackle the hospitality skills shortage and recruit and train staff efficiently and effectively. An online learning platform can enhance the speed to the competency of new staff. We will help you understand how to transform your staff into confident, capable, and engaged hospitality superstars in no time!


Let's look at some hospitality onboarding ideas that will save you time and up-skill your team.


Interested in how Typsy can get your new staff trained and serving customers quickly?

Request a demo from the Typsy team or start learning now online.


 

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Topics: Hospitality managers, Restaurants, Hospitality training, hospitality recruitment, hospitality skills shortage, online hospitality training, hospitality courses, onboarding

5 technology trends to consider for your restaurant

Posted by Sara Carter on May 11, 2021 10:00:00 AM

As your restaurant looks forward to offering in-person dining again, you may want to try innovative approaches to customer experience. With new safety regulations coming into force and new technologies becoming available, now is the time to adapt and change the way your venue operates. Even though investing in technology can be a little daunting at first, it will help improve your customer service as well as help your restaurant grow and succeed.

In this blog post, guest blogger Sara Carter shares with you some of the best technology solutions for your restaurant that you should consider. From contactless interactions to loyalty programs, these options will help you offer the best dining experience possible.

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Topics: Hospitality managers, Restaurants, COVID-19, Hospitality trends

Top 5 US universities with hospitality and tourism management courses

Posted by Justin Weinger on Apr 20, 2021 10:00:00 AM

A degree in hospitality and tourism isn’t a course that is often promoted. You would be shocked to know how many people often overlook this degree. However, completing a hospitality degree allows you to learn crucial skills needed in the industry that will help you get a job in various places, such as restaurants and hotels.

If you’re looking to start a career in this field or climb the hospitality ladder, take a look at these top universities that offer hospitality and tourism programs in the US.

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Topics: Hospitality career tips, Hotels, Hospitality managers, Restaurants, Hospitality trends