elizabethbarr
commented
9 years ago Tipply saves restaurants time by solving their biggest problem – a turnover rate that is the highest of any industry, as much as 300 percent. There are 1 million restaurants in the United States, with 700,000 of them single-location operations. Currently, the restaurant industry employs 14 million people – 10 percent of the entire U.S. workforce. Annual sales total $709.2 billion ($1.9 billion on a typical day). Tipply uses an employer rating system to give a more accurate snapshot of an employee's work history, which is the best indicator of whether an employee is likely to stick around. We have a few restaurants already committed. To ramp up customer acquisition, Tipply will offer a 90-day free trial of its subscription service. Tipply is looking to raise $50,000 in seed funding for marketing and customer acquisition. We are also prepared to bootstrap until we have a critical mass of monthly users and are poised for our next phase of growth.
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