7 Tips to TURN AROUND a Failing restaurant | Tips for restaurant owners

Download for FREE: Restaurant Location Assessment Guide | Free pdf download https://mds.mykajabi.com/RestaurantLo... Watch our FREE Training on: Respond to Reviews with ChatGPT in 15 Minutes a Week https://mds.mykajabi.com/opt-in-49c18... Watch: The REAL Way To Be A GREAT MANAGER (shift leadership etiquettes)    • SHIFT Change Tips for Restaurant Managers ...   Watch: EASY Customer Service Tips you need to know    • EASY Customer Service Tips you need to know   00:00 - Intro 02:17 - 1. Step back and take some time to ponder on these: What's your objective? What's Your Vision? 05:04 - 2. Know your Numbers - How far are you from yourbreak-even point? 07:01 - 3. Gather customer feedback - What do customers LIKE about your restaurant? 08:59 - 4. Have a cost analysis 11:20 - 5. Conduct a location analysis and 11:20 - 6. Do a SWOT analysis 13:33 - 7. Measure your marketing initiatives - what has worked and not? How to turn around a failing restaurant? Know these helpful tips for restaurant owners by watching this episode and learn the 7 Tips to TURN AROUND a Failing restaurant! Today, we are answering an inquiry from a fellow restaurant owner who's going through a tough season right now. They're wondering how to survive the restaurant business amidst the pandemic crisis we are all facing at present. Sadly, this coronavirus fiasco has brought an adverse impact in different industries around the world, and we, in the restaurant business, are not exempted. If you are asking, when is it time to close your restaurant? The answer is NOT NOW. If you have not done these seven tips, I'm about to share, this isn't the time to give up just yet. Save your restaurant and take these few steps: 1. Step back and take some time to ponder on these: -What's your objective? -What's Your Vision? 2. Know your Numbers - How far are you from your break-even point? 3. Gather customer feedback - What do customers LIKE about your restaurant? 4. Have a cost analysis 5. Conduct a location analysis 6. Do a SWOT analysis 7. Measure your marketing initiatives - what has worked and not? Let's make some dough! Please check out the following videos below to help you turn around a failing restaurant: How to calculate your break-even point in 3 minutes    • CALCULATE Restaurant Break-Even Point in L...   LOCATION LOCATION LOCATION    • Cracking the Code: Success Beyond Location...   RESTAURANT SWOT ANALYSIS - How to conduct a swot analysis for your restaurant    • RESTAURANT SWOT ANALYSIS - How to conduct ...   LET'S CONNECT: SUBSCRIBE to our YouTube Channel:    / @makingdoughshow   SUBSCRIBE to our Podcast: https://podcasters.spotify.com/pod/sh... CONNECT on Linked-In:   / hengamstanfield   #restaurant​ #restaurantmanagement​ #restaurantmarketing​ #restaurantmanager​ #makingdoughshow