July 2023
Third-party delivery platforms have opened markets for many restaurants around the country, giving them options beyond on-site dining, carryout orders and in-house deliveries. During the worst of the COVID-19 pandemic, these services allowed restaurants to cover revenue lost due to stay-at-home orders and public reluctance to go out. The following article provides a summary of how third-party delivery platforms work, how they charge fees to restaurants and how restaurants can adapt their accounting practices.
