| By :
Mark Etinger
The restaurant business is cut- throat. Many restaurateurs fail within a few years. There is lots of competition out there, but if you have a few basic aspects covered, you can become a successful entrepreneur with a loyal customer base. 1. Location: It's important to choose a location that has a lot of traffic in order to give your restaurant exposure. Depending on the type of restaurant you want to operate, this can be a café-lined street for a bistro, a strip mall for a chain restaurant, or a street corner for a small take out spot. 2. Cleanliness: This is another supremely important aspect of running a successful restaurant. You want your restaurant to be spotless. There should be no food stuck anywhere, no sticky tables, or worst of all, dirty bathrooms. 3. Service: Making the customer feel at home will bring him back. If your service is bad, conversations about your restaurant will make mention of this immediately. Even if the food isn't top notch, great service will make all of the patrons happier and contribute to the success of your restaurant. 4. Determining what kind of restaurant you want to own is also important. Having a huge menu can be overwhelming for your chefs, and your budget. It's best to focus on a niche and cultivate it to develop a customer base. After that, you can expand your menu. The success of your menu also depends on location. You don't want to open a pizzeria down the street from a successful pizzeria, unless you have a better product, or better prices. 5. The ambiance of your restaurant can help set the mood and lure people into eating there. Small items can make a big difference, like leather menu covers and nice guest check presenters. Leather menu covers can also convince people that the prices they will pay for the food are worth it, that is, if your restaurant is moderately to more expensively priced. The dining area can be set up however you want. Research shows that almost half of patrons arrive in couples, 30% come in threes, and 20% arrive in fours. 6. Anticipating customer volume during the first months can keep you informed about your lease and potential debt obligations. Thinking about future building and area development can also affect how much money you decide to spend, and how much you might make. 7. Kitchen: Keeping the kitchen properly organized and managed will help keep your service top notch. Having enough space to wash dishes, prepare, and cook food is essential. 8. Remember that safety regulations and inspections are crucial to keeping your business afloat. If you want to sell alcohol, be prepared for another bureaucratic process. 9. Hiring can be tricky. Create detailed job descriptions and hire the best candidates, not just based on resumes, but on personal rapport. You should probably have 2 full time cooks, and one part time cook to assist during peak hours. 10. Advertise with signs, banners, specials and on the internet. Ask new customers about how they found out about you to increase volume and find an advertising strength. While owning a restaurant can be stressful and difficult, you can also make a lot of money, and derive much satisfaction from creating and managing great food.
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