TL;DR —
Technology has the potential to empower the restaurant industry and offer opportunities to pivot and change the way its always been done. Industry experts know that restaurants must function at 75% capacity in order to achieve profitability. Many SMB restaurants are now operating at 50% capacity or less due to COVID-19 restrictions. The industry itself was originally projected to reach $899 billion in projected sales in 2020, now, that is unknown. The future for many SMB restaurant businesses is unknown right now. The ability to deliver a food experience outside of the physical restaurant will only continue to rise (if not become essential)
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Written by
@sarahevans
Communications Strategist & Technology Builder 🔮 Partner Zen Media | Building the human layer between brands and AI
Topics and
tags
tags
restaurant-tech|covid19|coronavirus-impact-on-business|infographic|food-tech|business|food-delivery|marketing
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