While eating is a daily activity, statistics from the U.S. Department of Agriculture indicate that today’s consumers are spending more on meals prepared outside of the home. As much as 44% of household expenditures fell into this category in 2014. With almost half of an average family’s household budget directed toward their industry, clearly the restaurant business is big business.
National Business Capital has prepared an infographic that addresses current trends in consumer dining habits. This information will assist restaurants from fine dining establishments, to restaurant chains and franchises to position themselves for increased success in 2016. Here are the top trends that savvy restauranteurs will be utilizing to increase consumer confidence and their market share.
National Business Capital & Services is the #1 FinTech marketplace offering small business loans and services. Harnessing the power of smart technology and even smarter people, we’ve streamlined the approval process to secure over $1 billion in financing for small business owners to date.
Our expert Business Financing Advisors work within our 75+ Lender Marketplace in real time to give you easy access to the best low-interest SBA loans, short and long-term loans and business lines of credit, as well as a full suite of revenue-driving business services.
We strengthen local communities one small business loan at a time. For every deal we fund, we donate 10 meals to Feeding America!
Megan is passionate about helping business owners along their journey - providing them with relevant content they can use in their day-to-day operations.