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Waitery, An Evolution in Restaurant Innovation, is Helping Restaurants Succeed

The restaurant industry is inherently ambitious yet fraught with challenges, as operators navigate market fluctuations, inflation, and increasing operational costs. With profit margins notoriously slim, restaurants are particularly affected by rising expenses related to food, rent, and labor. The landscape is further complicated by high employee turnover and staffing shortages, with wages accounting for up to 35% of operational expenses.

In this environment, Mohamed Bakoush, a former restaurant owner, is aiming to disrupt the industry with an innovative solution. He has co-founded Waitery, an all-in-one Point of Sale (POS) system designed specifically for dine-in restaurants. Bakoush’s insight into the struggles of restaurant owners drives his commitment to enhancing profitability and operational efficiency while improving customer experiences.

The inspiration behind Waitery stemmed from a personal experience Bakoush and his business partner had while dining at a busy restaurant. Frustrated by the difficulty in getting the attention of overwhelmed staff, they recognized a critical gap in the service model. This incident sparked discussions with various restaurant managers and owners, shedding light on the multitude of challenges they faced on a daily basis.

Initially focused on addressing the immediate needs of waitstaff, Waitery has since evolved into a comprehensive platform. It seeks not only to assist servers but also to streamline restaurant operations, ultimately enabling establishments to generate more revenue. By understanding the industry's pain points, Bakoush and his team have developed a solution that caters to both waitstaff and restaurant management.

Waitery’s POS system aims to provide an efficient and user-friendly solution that simplifies order processing, enhances communication between staff, and enables managers to track sales and inventory in real time. By implementing such a system, restaurants can reduce wait times, improve service quality, and create a more enjoyable dining experience for patrons. This, in turn, can foster customer loyalty and encourage repeat business, which is vital in a competitive marketplace.

Bakoush’s approach highlights the importance of innovation and adaptation in the restaurant industry, making a case for technology as a cornerstone of operational success. With tools designed to combat the industry's inherent challenges, Waitery represents a forward-thinking approach that addresses both staffing issues and the need for enhanced efficiency.

In summary, the restaurant business today faces numerous challenges such as market instability, rising costs, high employee turnover, and customer service difficulties. Mohamed Bakoush, through his venture Waitery, is not just introducing a point of sale system; he’s pioneering a holistic approach that aims to empower restaurant operators. By understanding the intricacies of the restaurant experience, Bakoush is keen on transforming the future of dining, making it both more efficient and more profitable for the establishments he aims to support.



Altitude Accelerator
https://altitudeaccelerator.ca/
Altitude Accelerator is a not-for-profit innovation hub and business incubator for Brampton, Mississauga, Caledon, and other communities in Southern Ontario. Altitude Accelerators’ focus is to be a dynamic catalyst for tech companies. We help our companies grow faster and stronger. Our strength is our proven ability to foster growth for companies in Advanced Manufacturing, Internet of Things, Hardware & Software, Cleantech and Life Sciences. Our team consists of more than 100 expert advisors, industry, academic, government partners. The team helps companies in Advanced Manufacturing, Internet of Things, Hardware & Software, Cleantech and Life Sciences to commercialize their products and get them to market faster.

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