Now, restaurant owners and operators can know the reasons for failing F&B outlets with RBnH Solutions. They are Dubai based food and beverage consultancy firm which helps restaurant owners and operators to figure out the reasons for the failure of F&B outlets.
According to RBnH Solutions, lack of proper knowledge of what the industry demands eventually lead restaurants to their failure. In such a situation, information is the key area one needs to focus on. Most restaurant operators do not even know that they are doing something wrong until it is too late. RBnH Solutions has figured out some reasons for the failure of F&B business:
Inadequate Location and High Rentals: F&B outlets may be located too far from its target audience or high rent for the ideal location of a restaurant; both these factors could be a reason for failure. Either way, it means fewer profits, running into losses, and ultimately shutting down of business.
Bad Customer Experience: Poor customer experience is one of the main reasons for shutting down a restaurant. Delay in food delivery or taste of food may be the reason for bad customer experience.
Restaurant Owner’s Inexperience: Restaurant owner’s inexperience can lead to mistakes that can cost one more than a couple of customers.
Poor Staff Management: Hiring the poor staff or untrained staff can do a lot of damage to a restaurant and eventually become one of the major reasons for restaurant failure.
Bad Allocation of Resources: If one doesn’t pay enough attention to how many resources he needs to employ in different segments of a restaurant, it will lead to mismanagement and damages.
Complex Menu: A long all-inclusive menu may sound like the right thing for a restaurant, but it will only confuse customers and hinder profits. Know how one can craft that exquisite menu for a restaurant.
No Involvement of the Owner: If one leaves all his operations to his staff, the restaurant will not be able to develop and will ultimately shut down.
No reporting and Analysis: One should study his restaurant performance and use a tool that can tell about performance stats about the restaurant. It can save a restaurant from failure.
No Marketing: Marketing a restaurant is as crucial as preparing good food or giving a good customer experience. Failure to market a restaurant right will make one miss out on customers. This would be a massive blunder that most restaurateurs make and is one of the biggest reasons for restaurant failure.
RBnH Solutions’ International experience covers over 60 years in the hospitality and initiates from having worked for some of the most decent companies in the hospitality industry on four different continents. Whether one is new to this industry or a veteran of the industry, their agency assists individual start-ups, existing restaurant outlets, hotels and F&B operators, mall developers and many other stakeholders involved in Food and Beverage.
So, it is wise to understand the common reasons for the failure of a restaurant before it is too late. RBnH Solutions is a perfect place to help one out in his F&B business. Visit their website https://www.rbnhsolutions.com/ for more details. Contact them at +971 55 529 1034 or send them an email to koen@rbnhsolutions.com
About the company
RBnH Solutions is a food and beverage consultancy and concept development agency, based in Dubai (UAE). We specialise in assisting owners and operators with the start-up and/or restructuring of their food and beverage ventures. We started the agency with a vision to make a difference for our clients and their customers. We are not bound by corporate restrictions, we prefer to live and think outside the box but keep the functionality and financial sustainability of the business. We are not bound by corporate restrictions, we prefer to live and think outside the box but keep the functionality and financial sustainability of the business.