Restaurant

Difference between Freehold & Leasehold Restaurant

Freehold and Leasehold Restaurant. What's the difference? Freeholder is person who owns the complete ownership of the property and building, and they are also the landlord. A landlord could be an individual or a company. So, a freehold restaurant is a restaurant which is run and operated by the landlord or freeholder by themselves. Leaseholder is a person who secures the right to occupy (through...

why are restaurants closing in the uk

Why are restaurants closing in the UK?

Why are restaurants closing in the UK? So far in 2018 we have seen many high street closures and the restaurant chains are the hardest hit. January: Jamie’s Italian (12 restaurants) February: Jamie Oliver’s Barbecoa (2 restaurants) March: Prezzo (94 restaurants) May: Carluccio’s (34 restaurants) These are just some of the major chains that have gone bust, however check the list HERE...

how to find a right location for restaurant business

How to Find a Right Location for Restaurant Business

Location, Location & all about Location There is a reason to repeat this word 3 times. Choosing a location for your restaurant can be both an exciting and daunting task. Once you’ve signed your lease, you’re bound to respect it! Experts like me can turn around failed businesses by implementing concept, service and offers. Not every available space is right for a restaurant. A good restaurant...

Tips to Increase Restaurant Reviews on TripAdvisor

Tips to Increase Restaurant Reviews on TripAdvisor

Tips to Increase Restaurant Reviews on TripAdvisor Every restaurateur knows that helpful reviews can boost business while terrible ones can close you down. And, in an age when everyone can be an online critic, ratings have never been more important mainly on TripAdvisor & Google. Below are the top 5 proven tips to increase restaurant reviews on TripAdvisor. Go Extra Mile Provide remarkable...

facebook marketing for restaurants

Facebook Marketing for Restaurants

As a business owner, by now you must have realised the value of Facebook Marketing for Restaurants. Below are top 5 tips of Facebook Marketing for Restaurants which you can start right now: Engage with your audience: Have you ever checked your Facebook reviews? If not do it now. Customers are talking about your restaurant. They are already spreading the word about how good or bad your service, food or...

restaurant business valuation

How To Do Restaurant Valuation?

Restaurant Valuation, How to Do It? *Restaurant Valuation = ODE + Value of FF&E + Stock + Lease Terms (For independent restaurants only) As a restaurateur, selling your business can be daunting especially if you do not know how much it is worth or how to value it. There are several methods of valuation but neither of them are considered as a standard process, because restaurant business valuation...

social media marketing for restaurants

Social Media Marketing for Restaurants

Social Media Marketing for Restaurants with Low Budget Social media marketing is a powerful tool when used correctly. It can aid business owners to gain a competitive edge, especially in restaurant marketing. The restaurant business is very competitive and therefore requires one to have concrete marketing strategies. For restaurants with a low budget, it can be hard to keep up with competitors. However,...

how to open a restaurant

How to Open a Restaurant

Open and they will come doesn't work anymore. You need a strategy in place before you open your first restaurant business. Check Out Top 15 tips about How to Open a Restaurant The below to-do list gives you an idea about the things you must do before you open the door for your first customer. Restaurant Location It is a crucial factor for the success of restaurant business but not mandatory, because...

selling restaurant business

6 Top Tips About Selling Restaurant Business

6 Top tips for selling restaurant business NOTE: The following tips are for selling a leasehold property. Selling a restaurant business was never straightforward and will never be, except being extremely lucky. Market is intensely challenging considering the demand and supply ratio, more restaurants for sale and very low demand. Lately there has been rapid closures in hospitality sector, especially...

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