The 2019 Restaurant Finance and Development Conference had the best and the brightest economists, chief financial officers and digital technologists talk about restaurant growth and finance. Because of the economy, wage increases, consumer demands for better, faster, quicker meals, and technology, the mom and pop restaurant needs to technology up to survive, and learn the benefits of off-premises dining.

Delivery, Technology and Labor

Restaurant growth today requires investment in promoting off-premises dining, which includes digital delivery models and take-out delivery. Restaurant technology continues to evolve and customers drive the need for technology. Mobile electronic technology, together with lifestyle changes, is causing unprecedented growth in the industry. Couple the need for delivery with the lowest rates of home ownership in the past 50 years among customers under 34 years old shows that convenience outweighs conventional wisdom.