The Ultimate Guide to Running a Restaurant (Sneak Peek!)

From the outside looking in, owning and running a restaurant can seem like a fun time. How hard can it be, right? Wrong.

A lot of the time, the odds are stacked against new and current restaurateurs.

  • Nearly 60% of new restaurants will fail within their first 3 years, 80% will close within their first 5.

  • Roughly 3 in 10 restaurateurs have job openings they find difficult to fill.

  • According to restaurateurs in the ChefHero network, the average number of hours worked by restaurateurs that are just getting started ranges between 60-80 per week (and sometimes more).

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Good thing it’s not all bad news! Every industry faces challenges, but they also experience a lot of success too. Take a look at restaurants like Eleven Madison Park in New York, Dessert Lady and Buna’s Kitchen in Toronto, and The Purple Pig in Chicago, all of which who have not just successfully made it past the 5-year mark, but continue to thrive

Let’s look at some promising industry statistics.

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Running a restaurant may feel like an uphill battle, but those who are passionate about what they do, and understand how to tackle the challenges that come their way, are sure to succeed. It’s also important to understand that running a successful restaurant isn’t only about guests exiting your doors with a smile on their face. There’s a lot to consider as a restaurateur, including:

  • Budgeting

  • Designing your physical space

  • Branding

  • Staffing

  • Customer service

  • Menu design

  • Implementing tech to improve efficiency

  • Minimizing your carbon footprint

  • Social media marketing

This list goes on.

All in all, running a restaurant takes a lot of preparation, organization, knowledge, know-how, hard work and so much more. From ideation to actually running a restaurant, there’s a lot to consider and learn.

The Ultimate Guide to Running a Restaurant brings together the best expert advice, tips, and guides from ChefHero’s extensive network. This guide will provide you with the tools and knowledge you need to succeed as a restaurateur, from pre-launch to running your establishment.

Start your year off right with the knowledge you need to propel your restaurant's growth! Check out the guide here.

 
 
Hiba Amin
Hiba Amin
Marketing Specialist
ChefHero

Hiba AminComment