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Restaurant Failure Rate: Why Restaurants Fail And How To Make Yours Succeed

ChowNow

What the data doesnt show is just how many of these restaurant closures come down to preventable issues, like: Poor financial management No marketing plan Lack of clarity around the restaurants concept The key takeaway here is: failure is not inevitable. Lack of Marketing and Visibility The Issue: Hoping if you build it, they will come.

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Owning a Bar: Everything You Need to Know

7 Shifts

You'll have late nights and have to work on weekends and public holidays The market is saturated with loads of competition. This document will outline your bar's concept, menu, marketing strategy, and financial projections. Sourcing the Right Equipment Your budget, target market, and concept will dictate your equipment needs.

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Reopening a Restaurant in a New Location? Don’t Skip This Step

The Rail

From logistics to marketing, staff communication to moving the kitchen, reopening a restaurant successfully is all about the details. Start by announcing your move as early as possible on all your communication channels social media, email newsletters , and in-person interactions. Transparency builds trust.

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How to Turn Your FOH Staff into Delivery Drivers

7 Shifts

You’re responsible for marketing your in-house delivery effectively and reaching an audience or else you will not receive orders. You’re responsible for marketing your in-house delivery effectively and reaching an audience or else you will not receive orders. Valid driver's license. Auto is in quality shape. Auto insurance.

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What Restaurateurs Need to Know Right Now About the COVID-19 Pandemic

ChowNow

Market these bundles to parents, since they’re great for keeping kids entertained while they’re home from school. Delivery and pick-up restrictions regarding alcohol vary based on local laws and licenses, but if you can add beer and wine to your menu, now’s a good time. . Put grocery and pantry goods on the menu, too.

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A Comprehensive Guide To Restaurant Profit Margins For All Restaurant Types

7 Shifts

Semi-variable costs Semi-variable costs have both fixed and variable components, such as maintenance, repairs, and marketing expenses. As for marketing, focus on cost-effective strategies such as social media and email marketing. Additionally, keeping food costs low while maintaining quality can be tough.

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4 Ways to Pivot Your Restaurant’s Business Model During COVID-19

7 Shifts

Marketing: Consider posting DIY videos on how to assemble & prepare your meal kits, and be sure to attach a link for diners to order their own! Consider having diners call or email to make orders in advance rather than pay exorbitant commission fees through third-party platforms. How are you marketing your business during COVID-19?

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