Design for Hygiene
On 24th February, 2009 one of the leading restaurants in the world – The Fat Duck, located in a county near London, shut down operations for more than a fortnight because of a health scare. Forty of its customers had complained of getting ill after a meal. The management could not find the cause. They closed down operations and called for a health inspection.
Your income statements are also called profit and loss statements or operating statements. These are forecasting and budgeting tools that can be used for estimating income and anticipating expenses in the near-to-middle range future. For most restaurants, income projections covering the first three years are adequate.
In a franchise situation, the brand owner will take a lot of the responsibility of the promotion, including the creating of marketing collaterals, general advertising and a degree of local advertising specific to your location. However, as a business owner it is always important to ensure that promotion for your restaurant is being done adequately.
The Greek philosopher Aristotle in his classic book Politics quoted a proverb – “Well begun is half done.” The launch of operations in the restaurant business epitomises this saying. Reputation matters more than anything else in the restaurant business. Reputation is built on how past performance is perceived by people.
How to unlock the potential of women entrepreneurs
Author Sheryl Sandberg
Publisher W H Allen
Price: 499