Tips & Tricks
5 minute read
5 Ways To Help Save Your Business Money
Authored by
Josh Davis
Released on
8 Aug 2025
Running a cafe, restaurant or bakery in Australia is rewarding. But it comes at a cost. From power bills to staffing to food waste, the margins are tight. PeakFriend is all about helping the underdog save money by working smarter, not harder. Here are five practical ways hospitality businesses can cut costs without compromising on quality.
Using Energy Data To Reduce Waste
Your fridges, freezers and lights are constantly on, but are they on when they need to be? Smart energy monitoring tools can identify usage patterns and help you switch off devices when they're not needed which can save you hundreds of dollars every month.
Prevent Equipment Failures Before They Happen
A broken fridge can cost you thousands in lost stock. Real-time temperature monitoring alerts you the moment something goes wrong, giving you time to act before it’s too late. Avoid expensive emergencies with proactive monitoring.
Track Foot Traffic To Optimise Opening Hours
Are you paying staff to work during your quieter hours? By tracking foot traffic, you’ll be given clear data on when your peak times are (see what we did there?) and can roster accordingly. This helps reduce overstaffing and saves you thousands of dollars a year on wages.
Catch Theft & Shrinkage
Security cameras with smart analytics don’t just record, they alert! Whether it’s a dodgy late-night entry or something happening behind the counter, smart surveillance can prevent theft and reduce losses.
Fast Track The New Stuff
Manual logs and checklists waste time and can lead to errors. Automating daily tasks such as fridge temperature checks and reporting can save you hours every month and free your team to focus on your customers.
Conclusion
Every dollar counts in hospitality — and the smartest operators know that small efficiencies add up fast. With PeakFriend, you’re not just watching your business, you’re understanding it. From energy usage to foot traffic, theft prevention to task automation, our tools are designed to help you save money without cutting corners.
Start working smarter today — and let PeakFriend help your business thrive, not just survive.