Your restaurant may serve fabulous food at unbeatable prices, but it’s all for naught if no one knows about it. That’s why restaurant owners need to create a marketing plan and give it a budget big enough to be effective while not so big as to squander your money. The rule of thumb for restaurant […]
How Restaurant Owners Can Create an Effective Marketing Budget Read More
Running a food establishment to turn a profit can be a tricky combination of creativity pitted against hard-nosed dollar smarts. Positioning a business in a high visibility location with plenty of passing foot traffic, parking and a steady stream of customers, is still no guarantee of success if its outgoings and overheads are hemorrhaging money.
Bottom Line Boost — 6 Ways Your Hospitality Business Can Save Money Read More
All restaurant owners know the value of customer recommendations and feedback in attracting new customers. Savvy restaurateurs ask customers to leave reviews on their websites and social media accounts to speed up business growth. However, sometimes, the reviews left are not positive, and can present the business in a bad light. What do you do
Bad Restaurant Review? How to Remedy! Read More
As a restaurant owner, it is beneficial to stay on top of the latest news in your industry. Unfortunately, this business requires a big time commitment, and not many owners have the availability to network or even read restaurant-related news. Most, however, would find it valuable to connect to relevant sources to help them run
Best Industry Podcasts for Restaurant Owners Read More
The holidays are a joyous and busy time for many, but some restaurants owners see a decline in business during the winter months. One source found that as many as 61% of restaurants reported a decline of up to 20% in patrons and sales during this time. There are a multitude of reasons that sales
Four Proven Marketing Tips for Restaurants to Implement During the Holidays Read More
What would you do to increase your restaurant’s profits by 30%? What if all you needed to do was snap a photo? That’s right, one study found that taking and sharing photos of food served at your restaurant can increase profit by as much as 30%! Unfortunately, most of us are not skilled photographers, and
Tips for Restaurant Owners: How to Take Better Food Photos Read More
Are you including social media as part of your marketing efforts to promote your restaurant? Most business owners are aware at this point that social media is one of the best ways to create brand awareness and engage with their clientele. However, many don’t have the time or the skills to understand the best ways
Is Your Restaurant’s Social Media the Best it Can Be? Read More
There are many things to consider when you are planning to open a restaurant. You need to find the right space, hire employees and create the perfect menu. In the hustle and bustle of trying to get a new restaurant off the ground, one important step is often not given enough importance and is quickly
Why Restaurant Owners Should Think Carefully About Their Menu Design Read More
Today’s small business owner can struggle for months with a bank to receive the smallest amount of financing. Kevin O’Leary understands small businesses and got involved with IOU Financial to ensure small business owners always have access to affordable capital! O’Leary interviewed Jason, owner of DaVinci’s Pizza, who waited for months only to be denied
Banks Aren’t Lending: Kevin O’Leary Interviews DaVinci’s Pizza Owner Read More