Chef Rocco DiSpirito commented that 9 out of 10 restaurants will fail in their first year of existence. Chef Rocco can’t really be blamed for throwing that restaurant failure number around. After all, conventional wisdom is that restaurants fail at a significantly higher rate than almost any other small
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Great recipes are not a recipe for success. While it is true that good food alone will not keep your restaurant off of the failure heap, you can not afford to overlook the importance of serving a great meal. When you strip away all the bells and whistles of any successful
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For most restaurants, your year is really affected by the different seasons. It’s how well you take advantage of the different seasons that determine whether your restaurant will be a success or a failure. Restaurant owners that are successful realize that the money they earn at Christmas will have to
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One of the things your customers will weigh when deciding where to eat is whether it is more important to them to have a great meal, or if it is more important to avoid being disappointed. The reality is, most of your customers will choose the second option, They’re
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In any business plan, customer service is among the top priorities. It is your determinant in bringing in more customers. It is the reason why other patrons come back because they have a first-hand experience of your good service. This also holds true when starting a restaurant business. You cannot be
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Starting a restaurant business is easy, that is of course, if you have the money. Making it a success is another story. Asking important guests or celebrities to attract customers does not do the trick. Even if you have a perfect customer service when few people know about your restaurant, then
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Many managers have the distinct privilege of being put in charge as manager of a restaurant after a previous manager has done their best to kill the business. They drove away customers, and left the restaurant with a poor reputation and a dwindling customer base. So what can you,
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Do you offer combo discounts? A lot of major chains are now bundling items as a way to increase their sales. They are promoting combos that encourage their customers to buy more in an effort to take advantage of the discount. It’s the “Value Meal” idea that fast food restaurants have
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The two biggest costs on most restaurant budgets is food and staff. Cutting either of these can be a little dicey. Cutting food costs many times results in either less options for your customers, smaller portion sizes, or lower quality. When the market is so competitive, any one of these could
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To write a business proposal for setting up a restaurant business, please follow these simple and easy steps: 1. Gather help and expert advice It won’t hurt to do a research if you are not the type inclined to write a business proposal. Get help from the experts as to the strategies
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