My 10 points to improve your restaurant business
1. RISK: REWARD2. Bad Planning = Bad Market Mix3. Where is your USP (Unique Selling Point)?4. Your menu is lengthy and confusing to your customers5. You are hardworking but not smart!6. Simpler, the better!7. Pricing is not strategized.8. You lack Marketing skills.9. SWOT Analysis will save you.10. How are your negotiation skills? Do you Bargain at all?
Risk: RewardIn a hotel business, risk is always our companion. If you do not like to risk then, you shouldnot get into restaurant business but, if you risk than, no looking back. Who knows you maycreate a fortune out of your business. Always be prepared for your risk that you are about to face. Never do things according to what you feel is right because, what you may like maynot be liked by others. Obviously, you cannot force your customers to visit your restaurant forcibly. So, please make sure that you plan well and be prepared for the risk. Therestaurant business is tough. Everyone in it knows it. Everyone looking to get in it ignoresit. Restaurant business is the worst business to get into and I feel horrible that this kind of statement is coming from my end, which helps restaurants to be successful. I cannot lie toyou, many restaurants shut down soon after they open. It’s just so quick that you will feelsorry that you could not even experience the restaurant which is shut down now!