Menubase gives SME restaurants an analytical edge in competing with franchise and chains through aggregating expense and sales related data to provide actionable insights
Current Status
Currently in beta development phase, identifying bugs and improving UI related components.
Market
Small, Medium sized independent to multi-outlet restaurant owners and managers
Problem or Opportunity
we help SME restaurants save time in sorting and analyzing sales and expense data to yield actionable insights for decision makers
Solution (product or service)
we keep track of spending for every menu item sold, to identify wastage, track inventory and identify anomalies in day-to-day operations
Competitors
1. Cloud based accounting software 2. Cloud based POS software
Advantages or differentiators
Menubase is a centralized one stop platform for tracking your restaurant's menu performance. A cloud based menu analytics dashboard helps restaurant managers save time in sifting through sales and expense data when planning for menu development and menu promotion
Finance
1. Subscription for access to the analytics platform 2. Commission will be charged on procurement marketplace for F&B supplies
Business model
Currently a subscription based model, and will transition into a transaction commission model when we develop our F&B procurement marketplace
Money will be spent on
Money will be spent on improving the UI experience and develop customer support while developing the procurement marketplace for F&B businesses
