Tag Archives: restaurant challenges
Much has been written – including right here – about why a restaurant’s location is so important to the success of the business. Visibility is the number-one factor in choosing a site for a new restaurant, as being seen is the basis for drop-in business, which is vitally important. For this reason, off-street locations have long been considered undesirable real estate options.
For many people – and many restaurants – food and drinks go together. And when we say “drinks,” we mean alcohol. Restaurants that want to offer a complete dining experience have bars that are stocked with the latest spirits and manned by the most knowledgeable and skilled bartenders. However, word on the culinary street is that there is a trend afoot that might alter the food-drink synergy.
Owning and operating a successful restaurant requires attention to many things – and food is just one of them. Your restaurant’s staff is a key component of your success; their job satisfaction should be a top priority. Nonetheless, not everything that passes for absolute truth is accurate and reliable information. In the restaurant industry, myths abound, particularly when it comes to employment.
If your dream is to open a restaurant, chances are that the dream includes having the money to do so in style. Few people fantasize about starting a business on a shoestring budget or with limited funds; on the other hand, even fewer people are independently wealthy and able to fund a restaurant venture without financial assistance.
Running a restaurant is a volatile and unpredictable business that is often based on the whims of the marketplace and consumer trends. However, there two things a restaurant owner can control: the food coming out of the kitchen and a clean environment in which to enjoy it. It is the nature of the restaurant business to focus on the former and forget about the latter.
Owning a successful restaurant is all about staying in touch with current trends and staying in tune with your customers. While you have invested in the best website money can buy, and spent time and effort keeping your Facebook page up to date, if you are not actively surveying your customers, you won’t really have your finger on the pulse of what is happening in your restaurant.