When taking over an existing hospitality business, there’s plenty of work that needs to be done after the sale has been finalised in order to ensure the transition to new ownerships is a successful one.
We’re now at a point where merchants offering multiple types of payment options for their customers isn’t a luxury – it’s necessary.
Turning a profit in hospitality is starting to be like knowing the secret ingredient on Masterchef, and staffing is one of the highest costs. Is the solution to raise your menu prices to compensate? Well, perhaps give it a go.
History is littered with examples of businesses and empires that expanded far too quickly for their own good, and business is no different.
Cutting costs can be a daunting task, but when it comes to the hospitality industry, most businesses simply cannot afford to be lazy when it comes to crunching the numbers.
When most people think of sustainable business practices, fast food and hamburgers don’t usually spring to mind.
Whether it’s Deliveroo, UberEats, or Menulog, one thing is for sure – they’re changing the game for restaurants and cafes. But getting the most out of these services takes some planning.
If you own a restaurant or café, it’s likely that you’ll have to handle customer complaints at some point – but it’s how you handle them which can set your business apart.