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Tips To Stay on Top During
Challenging Economic Times
by
Steven D. Zimmerman,
Restaurant Realty Company
April 2001
During challenging economic
periods it is important that
your performance is at its best
to maintain continued success in
your operation. Good operators
realize that during tough times
it is more challenging to get
customers into their restaurant
as they tend to be more
conservative in their spending
habits during these periods.
Here are some tips to help you
stay on top during challenging
economic times:
1.
Maintain High Standards -
During difficult times customers
have a tendency to eat out less
often and/or to trade down (i.e.
eat at lower priced
restaurants). In order to
maintain market share you must
always make the customer feel
welcome and appreciated and
provide the customer with a good
price value experience -
providing the customer with a
consistent quality product at a
reasonable price. Additionally
you must keep the premises clean
to insure the restaurant looks
at its best at all times as well
as keeping the equipment well
maintained.
2.
Emphasize the Details -
a. recognize customers when they
enter the restaurant with the
proper greeting, b. give the
customer prompt and courteous
service, c. use suggestive
selling to increase the guest
check average (would you like
French fries or a salad with
your sandwich?, would you like
dessert?, etc.), and d. thank
the customer when they leave and
ask them to come back again.
3.
Be Creative in Reaching
Customers - a. use trade
dollars to advertise -offer
newspapers, and radio stations,
etc. food certificates for your
restaurant in exchange for
advertising and this will result
in you paying approximately 33
cents (the cost of your food)
for each dollar of advertising;
b. implement menu specials for
different seasons and special
holidays; c. have sales contests
for food servers to improve
suggestive selling (the food
server that has the most
improved guest check average for
the month wins a prize); and d.
have contests for employee of
the month to help motivate
employees
4.
Maintain Proper Controls
- a. emphasize proper portion
control with all food items in
the kitchen and in the dining
room and b. implement an energy
conservation program - 1). put
light timers in restrooms,
storerooms and in other back of
the house areas, 2). Convert
lighting to energy efficient
bulbs and convert conventional
light bulbs to fluorescent
lighting where possible, 3).
turn off gas burners when not
using them, 4). install time
clocks to control lighting, HVAC
systems and compressors, and 5).
minimize heat and air
conditioning loss by using
insulation and proper window
coverings.
By
practicing the above points you
will have a good chance of
maintaining and increasing
market share and keeping your
business in the black during
challenging times.
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