Again, this is a business with a recurring billing model. I’m telling you there is NOTHING like the satisfaction of getting paid over and over for something you did once. The longevity of restaurants is usually long because of the effort to set the system up. PLUS, once you land a customer you can sell them other services such as website design, hosting, SEO, social media management and reputation management just to name a few. Creating the infrastructure for such a system can get very expensive. There is an easy way though, use a system that offers white labeling. White labeling a product allows you to use their infrastructure without all the expensive overhead. It allows you to focus on marketing your product and gain a customer base. Below are some websites I mention in the video for white labeling a restaurant ordering platform.
There are over 500K restaurants in the United States alone, not to mention other parts of the world. There are no limits in how to market to these people. Check out the database below of your potential customer base.
US Restaurants – DatabaseUSA.com
Many restaurants will want to pay your with a purchase order as opposed to the typical consumer which will pull out their credit card. A good way to get an advance on your accounts receivable is @
Fundera.com – though don’t offer loans themselves, but it’s a good way to start looking into factoring your accounts receivable.