Surviving Restaurant Operation As A Long Term Business

Youngsters, Youths, Middle Aged, every group of people in our society find and talk about restaurants business in a positive way.

- Suresh KC

Quite often, we hear that there is a huge profit and more often whenever we see a good crowd in the restaurant, we start imagining the profit the restaurant is making. Some of the people in the group even calculate & discuss the average spending they would make in a week or a month in restaurants & bars, discuss with likeminded people in the friend circle and start up a restaurant. There are some who are looking for an opportunity to do something & meet the other one who is looking for a sponsor to start a restaurant. Some have an idea & good knowledge and some feel that they have enough idea & knowledge. Everyone starts a restaurant and thinks it would be successful.

There are less people who really would think the pros and cons of the business; put effort to understand the inside story of the restaurant business; are well prepared to deal situations, unforeseen circumstance. That is the reason we find restaurants mushrooming and within a year or so many are either closed or sold to new management. By putting my views forward, I am not saying that there aren’t any restaurants which are not successful. I am just saying that good preparation, hard work, ample finance and time devotion is required to make the restaurant business a successful venture. A small external factor also may be enough to invite a disaster to your restaurant. Most restaurants don’t fail for just one problem. It usually is a combination of many that finally reaches a point and can’t be saved. Here are some tips to make restaurant a successful venture.

Location:

A good location is one of the most important factors to consider in making or breaking a restaurant. Proper visibility, ample parking, good footfall, are just a few of the considerations to be thought of.

Restaurant Owners should Work: