These days, restaurant is not just a place where we enter to have good food or to kill our hunger. Restaurants, Bars, Clubs, Lounges, Banquets, whatever type they are, they have now become a community center of this century and will be more diverse in coming up days. Professional gatherings, Business Meetings, Small personal parties and receptions, Personal chit chats, everything happens is restaurants in this era. It has become a trend in personal and professional life to utilize restaurants as venue to celebrate success, lament failure and plan solutions to excel or avoid. There is no dispute about the role of restaurant in today’s busy urban lifestyle, however not every one of them enjoy the same level of importance and success.
How to make restaurant a profitable, sustainable, successful and long-term business is the first set of queries an entrepreneur have in their mind. A successful restaurant not only serves good food, but also provides great customer services, ensures consistency of customer experience at a cost that is based on its food, services and location.
Preparation & Planning
A proper preparation to make restaurant business a successful venture includes location selection, systematic planning and careful investment. The location should have proper visibility, sufficient parking space and possibility of future expansion while the locality should have a positive history, easy accessibility and a neighboring community that generates good foot traffic.
This story is from the Mid Feb 2020 Year 3 Issue 2 edition of Hospitality Food & Wine.
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This story is from the Mid Feb 2020 Year 3 Issue 2 edition of Hospitality Food & Wine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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