The concept of paying for meals in advance contributes to Next's business model in several ways. Firstly, it allows the restaurant to make money on customers' tabs paid in advance. This means that the restaurant can earn interest on those funds. Secondly, it dramatically decreases the number of no-shows, as customers are less likely to cancel a reservation they have already paid for. Lastly, the pricing changes based on the time of the reservation rather than the quantity of food eaten, which helps to maximize margins.
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