Owning and running a restaurant is though especially in today’s market and with so many new competition out there is your restaurant thriving or just surviving?
If you want to step up your game you need to be putting these 5 things into practice today!
1)Plan for change:
The most common trait of any successful restauranteur is being open-minded. They’re regularly adapting their strategy to build and grow their brand. To get an edge on your competition you need to have a clear strategy in place.
2)Do your research:
When you start working on a new strategy, you need to do some research to see what’s working and what isn’t and you have a wealth resources to available to gather information.
Just some of the places you can gather information:
- Ask your employees for ideas and input
- Ask for opinions from your peers
- Reach out to your customers
- See what your competition is doing
3)Change with the market:
The reason most restaurants transition from a thriving business to one that only maintains its market is because the market has changed and they’ve failed to change with that market.
This is why it’s imperative to change with your market, you should always be on the lookout for:
- Creative ways to add value to your customers.
- Ways to be more convenient.
- Better ways to recruit staff in tight labour pools.
Getting ahead of the competition requires focus and setting clear goals and targets to build your strategy around.
The reason for your strategy should be to gain an edge on your competitors if you don’t want new restaurants entering your market to take your market share, you need to go on the offensive as opposed to merely reacting to the market place.
5)Take care of your employees:
They say good help is hard to find, and it’s so important to have the right people in place and to keep them, if you look after your employees you buildup mutual trust and respect you will be working with a team that has passion, full of energy and deliver superb guest service.
If you you apply these 5 Tips to your restaurant, you will be well on your way to having a thriving business.
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