So once my friend (who owns a cafe) asked about the common mistakes by restaurant and cafe owners which make them shut down.
Well, this is a serious question ‘what makes a restaurant owner closed the business or why most of the restaurants fail?
After extensive research, meeting with many of my friends who work in the same industry, reading some reports and research I reported to 3 major mistakes of restaurant owner which seriously cause shutter down of a restaurant business.
So here are those three major mistakes -
A. Entering in the battle without Preparation
Have seen the number of people who started a restaurant because they are free at home or have money to invest or they found it an interesting field so they just started!!! Isn’t sound weird?
Second thing if a person doesn’t have interest he starts without proper research which is damn required for starting any kind of business whether it is small or large scale. Will it be a beneficial or long time? Really?
B. Lazy Owners & No Involvement
This is a crucial point if you have opened a business (any kind of), do not ever think that it can run automatically with the help of machines, Some new owners make the mistake of assuming that a restaurant can run by itself. Not being present either physically or mentally can be a disaster.
Yes, I agree that the management part can be done by a manager but being an owner you must know what is going on, double-check the process once in a week.
C. Being Technophobe
The restaurant industry is changing rapidly, consumer taste, marketing trends, technology is evolving day by day. In such ara, if you are still relying upon the same traditional way to doing business that might not work.
Most of the restaurant owners are turning towards the technology to minimise physical efforts as well as for speeding up the process. Yes as I said owner’s involvement is must, so do not forget to check out the whole process and delegate the authority carefully.
Technology is a game-changer;
Restaurant pos systems- Helping restaurants to simply transactions, ordering, management and operational process. Cloud-based restaurant pos system is more accessible as it facilitates billing, Reporting & Analytics, inventory management, CRM and much more by It reducing time and efforts and simplifies the task.
Restaurant CRM Software -As like Point of sale systems, restaurant CRM software also useful to get insight into customer buying behaviour, it enables targeting marketing, ROI-based marketing campaign and drive business growth.
So these are the major mistakes which I found these as crucial factors which seriously impact the success of the restaurant owners.
Thanks for Reading :-)
