In any business, including restaurant, customer acquisition is very important. But, retaining them is equally crucial. The more you get repeat customers, the greater are the chances of creating lifetime loyalty and value for your restaurant. Also, with customer retention, you can generate more business at a lower cost. According to a study, customer acquisition cost is anywhere from … [Read more...] about Top 7 Reasons Why Customers are Not Returning to Your Restaurant
The most popular question that we often get from aspiring restaurateurs or even current restaurant owners is if it’s better to start your own standalone restaurant or acquire a Franchise of a leading Food Chain. For the first time restaurant owners it can get quite confusing; which is easier to operate, which one will give better returns, has minimal risk, etc. Running an Independent … [Read more...] about Franchise Vs Independent Restaurants- Which is the Better Route?
Setting up the Online Ordering for the restaurant has become an integral step of setting up a restaurant business. Just registering your restaurant on Online Food Ordering Portals such as Swiggy, Foodpanda, Zomato, etc is not enough, especially for small QSRs and Cloud Kitchens, whose primary revenue model is through delivery and takeaways. With the staggering amount of competition, owing … [Read more...] about 4 Handy Tips for Running a Successful Online Food Ordering Campaign
The food service industry is almost completely dependent on human capital. Right from the preparation of food to serving it, your restaurant’s employees are your biggest assets. However, hiring and retaining talent remains one of the biggest challenges of running a restaurant. Find out how to create a Human Resource structure for your restaurant here. High competition, low pay, and severe work … [Read more...] about All You Need to Know About Restaurant Staffing
The coming year is expected to bring about a number of trends in the food service industry, especially restaurant trends - some completely new and some that will simply add a twist to the old favorites. Changing consumer behavior and the evolution of technology primarily influence the upcoming trends. Let us discuss a few restaurant trends that are likely to create a space for … [Read more...] about 7 Restaurant Trends to Watch Out in 2017
The restaurant business is highly competitive. New competitors enter your market fairly regularly to steal your clients. Hence, you need to constantly find new ways to raise the bar and adopt strategies to beat the restaurant competition without lowering your profits. 1. Know your competition To beat the competition at their own game, it’s important that you know them well. Visit their … [Read more...] about You Can Beat The Restaurant Competition Without Lowering Your Profits. Find Out How.