Never Going to Make It

https://www.restroworks.com/blog/top-reasons-why-restaurants-fail-within-the-first-year-of-operations/

Full article above worth reading....

• Pilferage and Thefts: Internal thefts and staff embezzlement create gaps that restaurant owners can only detect a little too late.

• Poor Location and High Rentals: You may be located too far from your target audience, or your ideal location may be draining your pockets dry. Either way, it means fewer profits, running into losses, and ultimately shutting down.

• Poor Customer Experience: If your customers do not enjoy their experience at your restaurant, they will soon stop coming. Know how to deliver stellar customer service.

• Poor Staff Management: If you cannot manage your staff, it will lead to a bad customer experience, increased costs, and overall dysfunction. Poor staff management also leads to out-of-control labor costs, one of the most significant expenses in the restaurant business. Here’s how you can handle your staff exceptionally well.

• Poor Allocation of Resources: If you do not give enough attention to how many resources you need to employ in different segments of your restaurant, it will lead to mismanagement and losses.

• Complex Menu: While a long, all-encompassing menu may sound right for your restaurant, it will only confuse your customers and hinder profits. Learn how to craft an exquisite menu for your restaurant.

• No Involvement of the Owner: If you leave all your operations to your staff, your restaurant will not be able to grow and will ultimately shut down.

• No Reporting and Analysis: If you do not study your restaurant’s performance and have no tool to show you performance stats, you will never know what is and is not working, which will ultimately cause a shutdown.

• No Marketing: Marketing your restaurant is as essential as preparing good food or giving a great customer experience. Failure to market your restaurant right will make you lose out on customers. This is a massive blunder that most restaurateurs make and is one of the biggest reasons why most restaurants fail.