Tips from Experienced Restaurateurs over How to Prepare for the Holiday Season
November 12th 2017 at 12:41pm Published by sharpshooteradmin
The holiday season is by far the busiest time of the year for any restaurant small business owner. This is the time when families are at home, and the only thing they want to do is go out and eat. If you’re a small restaurant owner during this time of the year, you have plenty of profits to gain and money to make.
Starting from early November and going to the New Year, shoppers will throng markets with quite a few dollars in their purses. While they shop, they will also look to quench their hungers by eating out. This is where your restaurant comes into the picture, and this is where you can enhance your offerings to cater to the increased needs of your customers.
Many restaurant owners face an increasing workload from the start of November till New Year. This workload, if not tackled well can end up giving a bad rapport to your business. Imagine that you have a full house of customers, and you aren’t able to serve them in time. This will leave quite a few customers disgruntled and will get you bad reviews.
We spoke to multiple restaurateurs in our bid to help you out in preparing for this holiday season and have compiled the following tips.
Start Planning in Advance
It is necessary that you keep the holiday season in your mind and start planning for the festivities in advance. You should fully stack your workforce so that the service is quick and should also make plans to attend to any and all issues you might have around the kitchen or seating area. Have everything maintained beforehand, so that you don’t have any loose corners when the customers come in.
Manage your Cash Flow
Cash flow issues are commonly faced by many restaurants during the holiday season. Experienced restaurateurs, who have seen it all, believe that you should be prepared for managing any and all issues within your cash flow.
For starters, you should get small business funding from a private funder before the season arrives. Getting such funding will give you the excess wiggle room you require. Secondly when setting a budget for this period, make sure that since your production will be going up, so would be your costs. Do not budget for low costs when you know that costs will run up because of this increase in demand.
Don’t Make Big Changes
Finally, you shouldn’t choose the holiday season for making big changes across the place. This is your time to put your best foot forward, so you should keep all the changes and major upheavals for later down the line.