Five Reasons Why Your Food Business Isn’t Succeeding
Basic breakfast, lunch or dinner spreads to fully bbq catering Sydney extravaganzas we can cover all options. Is your restaurant or catering service completely booked but you aren’t turning a profit? Do you have a wonderful menu, but no business? The food industry is one of the toughest industries to succeed in. Competition is fierce and people are fickle. Because of this, you need to do everything possible as an owner to make sure that your business is running at maximum efficiency and providing the highest quality services in your niche. Though people in our business fail every day, the reasons for their failure can often be attributed to just a few issues that are relatively easy to resolve.Here’s a list of reasons why food establishments fade quietly into the sunset and what you can do to prevent it from happening to you. 1. Know your costs! This is probably the number one reason why any business fails. I’m not talking about knowing how much salmon is per pound. I’m talking about knowing how much salmon is per pound plus how much it costs you to cook it, sauce it, serve it and wash the dish that you serve it on. These are all costs that must be considered when pricing every dish. It doesn’t matter if you sell the most luscious salmon in town in quantities that keep an entire fishing fleet busy if you aren’t making a profit doing it. Also, practice portion control. This is a frequent … Read more