15 Things About Running A Restaurant Business

15 Things About Running A Restaurant Business | Restaurant Business

How to start a restaurant business?
What do you need to start a restaurant business?
How hard is to start a restaurant business?
How to make your restaurant business successful?
Why do most restaurant businesses fail?
What is a franchise?
Should you start a franchise or go independent?
Do you need a chef for your restaurant business?
How to get food for your restaurant?
How to market your restaurant business?
Can you get rich from a restaurant business?
How expensive is it to start a restaurant business?

#alux #restaurant #business

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[alux]

Hey Aluxers, today we are taking a look at how to start a restaurant business! What should we cover next?
Make sure to join www.alux.com

[DavidScottPeters]

The restaurant business is the toughest business I know and restaurant owners the most resilient people I know. If you're already in business or starting one, you must have a budget and recipe costing cards. Period.

[BeeRich]

Point 17: Rely on your experienced staff. Get their input from their past. That goes for a lot of businesses.

[fhdusjxjdjxjjdj]

"The place where future billionaires come to get inspired" 😂😂

[edwardladrera]

This is crazy. You are short in saying NEVER GET INTO RESTAURANT BUSINESS. Whatever business you engaged in you can be rich. its just a matter of multiplication. First know your market, (Who are you going to feed?). Second find a Chef whose specialties will most likely satisfy your market. So, you are going to feed travelers. The location of your restaurant must be along the highway. Travelers are hungry and in a hurry. So your menu must be dishes that are familiar to them, quick and easy to prepare. Think what the children most likely want to eat too. Your comfort rooms must always be immaculately clean. Does it have flat space for replacing diapers? There are 3 factors you must observe and your staff at all times: DELICIOUS FOOD, CLEAN in and around the restaurant and the most important of all GOOD SERVICE. If you want to have branches, design a fool proof control system from inventory to cash sales. Weak control system encourages pilferage. Weak manager seduces staff to behave improperly and carelessly. So be kind, just but tough. I already have 4 restaurants and 2 more to be opened soon. 1 in January and the other one, by March. So, good luck.

[Casablancas]

Location and Chef, are the two most important assets in this industry.

[tashianelson]

Good Karma is one of several beer-lover destinations in downtown San Jose, but it is unique in it's simple happieness. Order your premium beer, have it poured, and move on to enjoying a good drink. The beer selection is great without being overly expansive; the food is EXCELLENT without being distracting. The patio is quaint and perfect for people watching, catching up with friends, or enjoying the weather.

[ajdj]

Mirchi and Mime @Powai, Mumbai, India moved me .Here you can enjoy a gastronomic experience with a social cause where most of the employees who wait tables are deaf and dumb also the menu has sign language on it.You live, you eat, you learn, you contribute to a social cause 😊

[DeonChristie]

Great video, thanks for sharing. I guess cash and presentation remains some of the common tips, regardless of the type of business. Holding your horses, with that get rich dream is extremely important. The diamonds and Island holidays come much later. After a few years of hard work I would say.

Taking responsibility is important, active involvement is crucial. I think a great chef is much like a DJ in a night club. The food is why they will come to your restaurant after all.

Couldn't agree more, stay away from negative word of mouth. It will destroy any business in its tracks. Thanks again for some outstanding business tips.

[spye]

I had to stay till then end because there is always a bonus fact that can help and this information is really useful thank you!

[sharanyaiyer]

Hello alux, can you guys make a video on the cosmetic industry buisness???

[PRASHANTKOHALE]

so Many tings wrong with this video:

* It is Creating Impression that opening a restaurant is the worst Idea and very risky one, however this business is as good as any other business.

* It does not need expensive advertising, simple social Media marketing and putting advertisement in local newspaper or media is enough. The best marketing is one where your Happy customer spreads the word about your restaurant. so Instead of spending a lot on advertisement you must focus on Service and Food.

* If we want to compare statistics then 90% startups fails every year, comparing them with restaurant Industry, 60% does not sound that bad.
We must need to understand why restaurant fails, it is not a easy business so casual approach to it's will not help you. You need to be professional and spend your money wisely.
Keep the decor simple, keep control on Kitchen Pantry and avoid food wastage. Have regular talk with the staff and Customers.
Staff will give you idea about how to increase efficiency while from Customer you can get to know about your scope to improve.

* Those who say restaurant business can not make you rich are living in delusional world, it is one of the most talked about business. So many travels channels focused on food and restaurant only. McDonald and KFC, Pizza Hut, Domino aren't this all are restaurant chain?

* Restaurant business needs careful planning and better financial strategy.
Location is Important but not as much as this channel is focusing, at the end of the day it is all depends upon what and who is your target customer. You won't believe how much people travels to have food at their favorite restaurant.


* Location will help you for a short period only, but it should be match with quality food and service, otherwise people will stop visiting no matter how good that location is.

* so if you want to start your restaurant then focus on your target customer and then choose the location and type of restaurant.

all the best and good Luck 👍

[xchorro]

a refreshing & realistic guide on opening a restaurant. the honest was nice and appreciated, great work 👌

[hypermerc]

The concept of serving instant dessert using liquid Nitrogen was something dazzling. ❤️ it.

[whaterdsawesxcg]

This is the BEDT Video ever. I just got a loss as I had to close my restaurant. I couldn't figure out why. Your video pin pointed to things I wasn't looking at.. you guys rock.. please continue doing the awesome work. Cheers

[MarketingFoodOnline]

Interesting info thank you for sharing these tips Marketing Food Online thanks great channel

[adityachoudhary]

Hey Alux! Love the industry Wednesday’s videos. Can you make one on “Gems and jewellery industry”

[sheldonwortham]

Good video! I'm liked and share 8 times :D

[avitj]

Yes i have seen a unique restaurant with unique system for taking order...

[annepkk]

Thank you my dream for open restaurants one day in my dreams come true. 😍