No. 1 Reason Why You Couldn’t Scale up Your Restaurant Yet
The Biggest hurdle in scale up of your restaurant is lack of processes and controls. We discuss this problem in detail, offer practical solutions.
The Biggest hurdle in scale up of your restaurant is lack of processes and controls. We discuss this problem in detail, offer practical solutions.
Long back, in 2014, I was running an Italian Restaurant. I had invited one of my friends for a complimentary dinner. I was also secretly hoping to get some mileage from his favorable review. The friend and his wife were gifted with culinary taste-buds as well as exceptional photography skills. I was silently hoping that …
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2021 is more than half gone, and we haven’t come to terms with this year yet. For most of us, it looks like the year has just started. And now since most of the markets are open, we are crawling back to track. Restaurant advertising also needs to keep up with the times, as the times have changed for sure. Same old stuff no longer works for us, and new technology is beyond comprehension for some of us.
Good News for an otherwise battered sector in 2021. The Zomato IPO has hit the market and has been received by investors very well. In fact, it was oversubscribed a whopping 38 times on day 3 of launch. That’s the biggest investor response since the Coal India IPO.
Can you actually increase sales by increasing Sales Price? Theoretically possible. But is it even practical in current market scenario? Where everybody is talking about offers, discounts, freebies etc, how can i even suggest increasing the sales price? Especially in Hospitality Industry. Generally, when we need to increase sales, we think of new marketing campaign …
Hope you are doing well. Though it is difficult to answer this question in current times. Current Times like these often test your business acumen. When customer sentiments are low.
Same thing happened while eating out. Your visits to posh upmarket restaurants has gone down, but you order quite frequently from the neighborhood eatery. You are more comfortable when a restaurant delivery guy arrives with your food (You probably also know his name) rather than some unknown face from Zomato or Swiggy.
You know that current conditions are tough, but you have a glimmer of hope. You hope for things to improve. Customers will start thronging your restaurant like good old times, and they will start praising your food, once again. Your chefs will be busy, once again, trying to cater to every customer. And you will …
Looking at the current scenario, you must be thinking “When should I launch my food business” “Should I launch just after lockdown-like situation is over” “Or should I wait for the markets to become normal again” Or, in general, let’s wait for 2-3 months and then re-assess the market situation. All these are pertinent questions …
2021 has been particularly hard on the economic front. Just as we thought that Covid scare was almost over, the second wave attacked us with a vengeance. The industries just had started shaking the dust over and trying to get up to speed. Little did we know that 2021 would be equally challenging and tough …
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