Important elements for operating a successful restaurant
Many people dream of running a successful restaurant, but only a few of them make their dreams come true. There are three elements that play important roles in the process of operating a successful restaurant. One of the essential elements is planning, a detailed plan could help you focus on the goal and clear the way. Besides, passion and managing are two other essential components, which could help you to operate a sustainable beneficial business.
Planning is important through the whole business. One of the reasons that some restaurants fail is due to lack of planning. Restaurant industry sales in the United States were projected to be $632 billion in 2012, or 4% of the U.S. gross domestic…show more content… Passion is a strong indicator of how motivated an entrepreneur is in building a venture, whether she/he is likely to continue pursuing goals when confronted with difficulties, how well she/he articulates the vision to current and future employees and whether she/he will be able to influence, persuade, and lead people in growing the venture (cf. Vallerand et al., 2003). A manager’s passion will influence the phenomenon of the business and the behavior of the employees. Passion is also associated with the word “love”. In this case, passion is the love to the catering business, this kind of love can positively affect the people that are involved in the business to provide better products and services, this is how passion turn the intangibles to tangibles. Customers can feel the passion of the products when they are enjoying the…show more content… According to an interview published on National Public Radio’s Website, the Environmental Protection Agency claims that, “Food waste is now the No. 1 material that goes into landfills and incinerators” (Barclay, 2012). The huge amount of food waste produced by restaurants and the fact that most of the waste is still usable when disposed suggests that restaurants should be making efforts to reduce this type of waste. However, this strategy does not mean to use the cheaper ingredients, lower the labor costs and provide cheap price cuisine, in the contrast, a cheaper price does not represent high quality food and service, restaurant should purchase high quality ingredients and present high quality services which may not be cheap but will match the quality of it. There is a considerable amount of evidence suggesting that reducing, reusing, and recycling waste are beneficial to both the environment and business.
Having passion is good for operating a business; however, some critics argue that enthusiasm in business may cause some negative effects and tempt operators to take high risks. In contrast, passion makes operators more focused and dedicated to their business. Taking risks is an inevitable part in doing business; it is passion that gives you courage to take risks and to view failure as a chance to become successful. People with passion face their failure and keep going,