15 Things About Running A Restaurant Business

15 Things About Running A Restaurant Business | Restaurant Business
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In this Alux.com video we'll try to answer the following questions:
How to start a restaurant business?
What do you need to start a restaurant business?
How hard is to start a restaurant business?
How to make your restaurant business successful?
Why do most restaurant businesses fail?
What is a franchise?
Should you start a franchise or go independent?
Do you need a chef for your restaurant business?
How to get food for your restaurant?
How to market your restaurant business?
Can you get rich from a restaurant business?
How expensive is it to start a restaurant business?
#alux #restaurant #business
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[@alux]

Hey Aluxers, today we are taking a look at how to start a restaurant business! What should we cover next? Make sure to join www.alux.com 15 Things You Should Know When Starting A Business: kzbin.info/www/bejne/pKWam36FmJKMl5o How Much Money Do You Need To Start A Business: kzbin.info/www/bejne/j6POpYGmhN9jesk Industry Wednesdays: kzbin.info/www/bejne/sJXFfmeEiNt_aZI

[@kamruzzamanamit1206]

Hey alux! Can you guys make a video about blogging career? What a blogger should know,about technical knowledge, skill etc plz.

[@jeanpaulchamoun2619]

It would be interesting to watch a video about running a gym. Thanks for all your videos! Great account!

[@jamais412]

Alux.com 15 things about the gaming industry.

[@avedisboni]

The information in this video about restaurants is too broad and general

[@bethebest1866]

Make a video about the online business!

[@fhdusjxjdjxjjdj]

"The place where future billionaires come to get inspired" 😂😂

[@SamKiptanui]

If new here, be sure to subscribe

[@nesshs9405]

Millions

[@dbmedia7009]

Cringe

[@livingghost5930]

I want to commit auto-kill

[@TheTeddybear2011]

Amen

[@BeeRich33]

Point 17: Rely on your experienced staff. Get their input from their past. That goes for a lot of businesses.

[@kingfatah7476]

. Bb

[@kingfatah7476]

..

[@slackerengi2401]

But but my ego....

[@MdHussain-fx7cn]

you can never rely too much on others, u r the guy running the show remember ur staff don't give a damn about ur biz, it's ur baby, staff come n go but u gotta do things the right way, have a simple system in place so even a dumb staff Cam follow, know, u have to work with people with shortcomings, deal with it doing things the right way

[@hectorman8709]

I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app

[@edwardladrera86]

This is crazy. You are short in saying NEVER GET INTO RESTAURANT BUSINESS. Whatever business you engaged in you can be rich. its just a matter of multiplication. First know your market,(Who are you going to feed?). Second find a Chef whose specialties will most likely satisfy your market. So, you are going to feed travelers. The location of your restaurant must be along the highway. Travelers are hungry and in a hurry. So your menu must be dishes that are familiar to them, quick and easy to prepare. Think what the children most likely want to eat too. Your comfort rooms must always be immaculately clean. Does it have flat space for replacing diapers? There are 3 factors you must observe and your staff at all times: DELICIOUS FOOD, CLEAN in and around the restaurant and the most important of all GOOD SERVICE. If you want to have branches, design a fool proof control system from inventory to cash sales. Weak control system encourages pilferage. Weak manager seduces staff to behave improperly and carelessly. So be kind, just but tough. I already have 4 restaurants and 2 more to be opened soon. 1 in January and the other one, by March. So, good luck.

[@edwardladrera86]

May I add some more: its not true that your business success depends on expensive advertisement. Word of mouth is the most effective ad. if you satisfy 10 customers a day and endorse your restaurant to ten individuals, imagine how many customers you will have in a year's time. How many customers do you think you'll have in ten years time? Also, don't listen to those who say you need experts to tell you what to do. That's waste of money. The fact is "experts" are those who have ideas but have no experiences whatsoever. You learn as you go along. Adjust here and there and always listen to your customers spoken and unspoken feedback. Focus, focus and focus on your customers. Dale Carnegie wrote something like this, "When you go fishing, you don't bring with you chocolate that you like most but worms because that;s what fish like." Your customers needs and wants should be your utmost concern. Again, don;t ever forget the factors I mentioned above. Hammer them on the heads of your staff because nothing can go wrong if all those 3 are well carried out.

[@NhungNguyen-ne4wr]

Can we be friends??? I want to open a restaurant but don’t have any experience. I never work in a restaurant before too

[@edwardladrera86]

@@NhungNguyen-ne4wr I thought I answered you already. Anyway, yes let's be friends. I advise you to save money needed for fixed assets. Only borrow money for your working capital not to saddle your newly opened business with huge interest payments. Remember, you are just starting and you have no idea how much you are going to earn. So as much as possible only spend for important things needed to jump start your restaurant. As you go along, you will know what other things you need to improve service, make your food attractive and delicious and to maintain cleanliness. Have you decided what kind of food you will serve? Visit existing restaurants and know their selling dishes. Why are these dishes selling? Know the prices, observe how their staff move around, arrangement of tables, the over all appearance of the restaurants, their toilets, their kitchen and most of all know why they have patronage. Know too their weak points because those are the things you have to have in your restaurants to be able to compete with them. I am so confident already in this business but believe me my knees shake and I suffer sleepless nights every time I open a new branch. This is what I usually do. While the space is being renovated, I hung this huge billboard saying. "watch for the opening of- - - -" It has pictures of our specialties. A week before the opening day, We hung another billboard that says, Taste our dishes for quarter of their prices. We also hung many billboards giving direction and invitation along the highway two kilometers away in both directions. ( did I tell you already, my restaurants are meant for travelers but not exclusively? The prices so shockingly low, people can't resist but come hahahaha. I opened a branch with free meals for the whole day. We did not do it again because we were overwhelmed by people. It was a nightmare. So don't go to that extreme hahaha Then we reduce the discount to 50%, after a couple of months to 20% . In normal operation, we maintain 25% discounts in our 5 selling dishes but our specialties are priced normally. Don't hesitate to ask specific question if you have.

[@MelidaYT]

Edward Ladrera is there a way we could get in touch, I’m in search of a mentor!

[@Valryas]

@@MelidaYT can i join in? i also like to open my own restaurant in the future

[@DavidScottPeters]

The restaurant business is the toughest business I know and restaurant owners the most resilient people I know. If you're already in business or starting one, you must have a budget and recipe costing cards. Period.

[@Casablancas88]

Location and Chef, are the two most important assets in this industry.

[@PRASHANTKOHALE]

so Many tings wrong with this video: * It is Creating Impression that opening a restaurant is the worst Idea and very risky one, however this business is as good as any other business. * It does not need expensive advertising, simple social Media marketing and putting advertisement in local newspaper or media is enough. The best marketing is one where your Happy customer spreads the word about your restaurant. so Instead of spending a lot on advertisement you must focus on Service and Food. * If we want to compare statistics then 90% startups fails every year, comparing them with restaurant Industry, 60% does not sound that bad. We must need to understand why restaurant fails, it is not a easy business so casual approach to it's will not help you. You need to be professional and spend your money wisely. Keep the decor simple, keep control on Kitchen Pantry and avoid food wastage. Have regular talk with the staff and Customers. Staff will give you idea about how to increase efficiency while from Customer you can get to know about your scope to improve. * Those who say restaurant business can not make you rich are living in delusional world, it is one of the most talked about business. So many travels channels focused on food and restaurant only. McDonald and KFC, Pizza Hut, Domino aren't this all are restaurant chain? * Restaurant business needs careful planning and better financial strategy. Location is Important but not as much as this channel is focusing, at the end of the day it is all depends upon what and who is your target customer. You won't believe how much people travels to have food at their favorite restaurant. * Location will help you for a short period only, but it should be match with quality food and service, otherwise people will stop visiting no matter how good that location is. * so if you want to start your restaurant then focus on your target customer and then choose the location and type of restaurant. all the best and good Luck 👍

[@barb8620]

Thank you sm

[@PRASHANTKOHALE]

@@barb8620 Your Welcome 🙏🏼

[@neverretire4024]

Quality ensures repeating guests. Good location ensures new guests. Trained and happy staff ensures upselling. Unique theme makes your property stands out. Things I have learned as Restaurant manager.

[@mouhamedawal558]

A very good criticism

[@aj9dj9]

Mirchi and Mime @Powai,Mumbai,India moved me .Here you can enjoy a gastronomic experience with a social cause where most of the employees who wait tables are deaf and dumb also the menu has sign language on it.You live,you eat,you learn,you contribute to a social cause 😊

[@tashianelson9956]

Good Karma is one of several beer-lover destinations in downtown San Jose, but it is unique in it's simple happieness. Order your premium beer, have it poured, and move on to enjoying a good drink. The beer selection is great without being overly expansive; the food is EXCELLENT without being distracting. The patio is quaint and perfect for people watching, catching up with friends, or enjoying the weather.

[@spye9471]

I had to stay till then end because there is always a bonus fact that can help and this information is really useful thank you!

[@sharanyaiyer3550]

Hello alux, can you guys make a video on the cosmetic industry buisness???

[@hypermerc3961]

The concept of serving instant dessert using liquid Nitrogen was something dazzling. ❤️ it.

[@DeonChristie]

Great video, thanks for sharing. I guess cash and presentation remains some of the common tips, regardless of the type of business. Holding your horses, with that get rich dream is extremely important. The diamonds and Island holidays come much later. After a few years of hard work I would say. Taking responsibility is important, active involvement is crucial. I think a great chef is much like a DJ in a night club. The food is why they will come to your restaurant after all. Couldn't agree more, stay away from negative word of mouth. It will destroy any business in its tracks. Thanks again for some outstanding business tips.

[@eulandietelo8206]

Always getting schooled on this channel:)

[@sheldonwortham4418]

Good video! I'm liked and share 8 times :D

[@whaterdsawesxcg]

This is the BEDT Video ever. I just got a loss as I had to close my restaurant. I couldn't figure out why. Your video pin pointed to things I wasn't looking at.. you guys rock.. please continue doing the awesome work. Cheers

[@prateeksamarth577]

Request you guys do a video on "15 ways to tackle depression".

[@nishchaysrivastava6251]

prateek samarth you need a therapist and not KZbin lol.

[@darrellknox6435]

@@nishchaysrivastava6251 Make sure your therapist doesn't need a therapist.

[@nishchaysrivastava6251]

Darrell Knox I’m my therapists therapist

[@bnel9318]

Do some research for anxiety/depression supplements (don’t take medications!) and listen motivational speeches everyday, it’s very uplifting!

[@zaheermohdofficial3295]

U need ur creater and pray more n be close to him

[@xchorro]

a refreshing & realistic guide on opening a restaurant. the honest was nice and appreciated, great work 👌

[@SgKaruppuchamy-mk7qu]

Thank you for your information

[@MuhammadAli-uq7px]

Loved the vid

[@adityachoudhary1034]

Hey Alux! Love the industry Wednesday’s videos. Can you make one on “Gems and jewellery industry”

[@stephengoh5456]

Great information! Thank you!

[@multiverseofarj8348]

Thanku for uploading ☺☺☺

[@josepharcher9620]

Gd video. Thank you for making it.

[@annepkk9959]

Thank you my dream for open restaurants one day in my dreams come true. 😍

[@tomsawyer118]

Definitely was written by somebody who has such a limited view of it😂 quit babblin and lets get some prep& side work done, rush hits in 20 people👏🏻

[@mohammadabubakr3455]

Thank you for all this important information

[@pinayinuk]

Thank u for this

[@maria-ph1yl]

Wow that's so true👍🏻

[@MarketingFoodOnline]

Interesting info thank you for sharing these tips Marketing Food Online thanks great channel

[@steveriely4805]

Good video! I'm liked and share 481 times :D

[@avitj1]

Yes i have seen a unique restaurant with unique system for taking order...

[@jamais412]

Can you do 15 things about the gaming undustry?

[@ivainyamutsamba8540]

Thank You So much by the do make a 15 Things About Zimbabwe PLEASE!!!!!!!

[@StickFiguresMaster]

Something to know about Ramsey is that back when he was starting to have his career as a professional chef, there’s a deleted scene which is still in the internet where he accidentally made burnt chicken.

[@rhozion]

alux please make a top 15 businesses that need a revival

[@christinafewell1769]

U are the best! Love your vidos

[@nielsendemar5130]

I finally got my business loan yesterday. What a wonderful way to start the year.

[@samatabdyldaev6841]

how did it go ?

[@balex556]

well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services

[@theseekers9846]

Thanks 😊

[@hassanrana14]

Thank you for new video 👏👏

[@alux]

You're welcome!

[@hassanrana14]

Alux.com 😍😍😍 you made my day Alux.....

[@niku9999]

The restaurant business is a hassle and wears you out. My family’s in the business and if you’re not invested fully and ready to give every ounce of energy, it’s over

[@sarahlewis7160]

Same here, my dad decided we were going to open a sub shop and it does really well, but he throws a fit if I actually relax while at home instead of doing restaurant stuff. I already had to quit my career to work here and now I can't even enjoy being home. Thank god I'm moving out soon lol.

[@hectorman8709]

I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app

[@nicolasjoseph6783]

Thanks guys

[@rohanmahajan1357]

Can u make video on clubs or bar plzzzz luv your videos😍

[@bullmaguire7330]

After working in a restaurant, I would never want to own one

[@tejdushad01]

why ?

[@bullmaguire7330]

@@tejdushad01 there are so many variables in running a restaurant, and there are so many things that could go wrong

[@Sketches8]

I own one now without ever working in one

[@arvilsabele1768]

How so?

[@slackerengi2401]

@@tejdushad01 Watch kitchen nightmares with a pencil and paper Overbuying food Poor management Non fresh ingridients Not buying proper equipment It's practically a constant balancing act where if you fall you loose money, and that throws you further off balance

[@xxwhateveryep3165]

I dont agree with people saying its scary scary scary, they are just warning you about the possible risks which you should be aware of, and if you really have a passion to open a restaurant you will no matter what the risks are, but you should still know them to enter realistically, and they’re right.. anyway wish me luck for my restaurant

[@davionmitchell7506]

Thumbs up just for the intro!

[@Krispee764]

I want to start a restaurant when I’m older

[@OzzyMtz]

Best food I ever had in my life was in a little place in Puerto Vallarta Mexico 🇲🇽

[@fifthseptember6577]

CRAZY!!!

[@TrendingCurrently]

Thank you

[@unleashingpotential-psycho9433]

I think that's very tough on the family and the spouse when one of the spouses have to work on holidays. People expect holidays as a time to spend with family but sacrifices need to be made in order to put food on the table.

[@waterandafter]

What about everyone that works retail anyhow?

[@tylerknight8106]

Can you make one on friends that you should and shouldn't keep

[@STARSFashionArtLove]

Opening a resturant 🙌

[@ShiftDrinksComedy]

Oh we know the in's and out's of restaurant business we're just too busy poking fun at it!

[@laVIEchef]

Reply @ chosen one... As a graduate of the oldest, premier culinary school in this country- and spent a life time in this industry learning experience of what to do- and as important what NOT to do...from conquering amazing career highs in it- to the lows of (unfortunately *literally) working back-breaking hours in it (*discectomy 2 yrs ago), ~ I STILL KNOW I would rather open a gourmet- popsicle stand on the surface of the sun than open a MCD’s just “to get rich quick”-just saying.-No offense- ... MOST if not all people in this biz have genuine passion & pride for their craft, and the deep desire to please people thoroughly- not ROT the souls, minds & bods of BOTH seller and consumer on a continuous basis. ....So Alux to reiterate your fab-o points- AND to make another- most know, if not all in the this industry- grasp that the R.O.I. is layers deep ... and doesn’t necessarily happen monetarily in the billion$ à la restaurant style. However, either way, *I KNOW*I WILL* find a way to make it regardless~ Cheers! ;) *LOVE* your channel, THANK YOU!

[@InvestingHustler]

There’s a lot of risk to running a restaurant Business plus it’s very costly and time consuming ! I’ll take my chances with the stock market

[@samdiesel2000]

INVESTING HUSTLER - Stocks Money Entertainment exactly

[@magicsend6864]

INVESTING HUSTLER , my dad owns a restaurant and it’s a successful business

[@InvestingHustler]

stefano zignago yes and if i opened up a restaurant in the same area as your dad everyone would most likely go to your dads restaurant and not mine. So I will be competing against people like your dad which makes it harder for me to open up a restaurant because there is a lot of competition, a lot of restaurants and food chains to go up against. So I would have to put up and risk even more money to go up against someone like your dad. Don’t get me wrong it is possible but very costly and lots of competition + hard work to start.

[@legendarygoji1999]

One of the reason why I won’t start a resturant

[@gabbar51ngh]

@@InvestingHustler this is why you must open business with a different theme and different place do your place stands out. Simple as that

[@saahebsaigal]

Can I get some details on running a salon business ?

[@westleyhurtgen4275]

I was expecting Ramsey

[@ShivamPatil-zg5ck]

I always think about your voice . I like it too much.

[@idjcool21]

Hey Alux, Can you please make a video of 15 Things you didn't know about Johnson & Johnson

[@hannahduggan3599]

I would like to open my very own restaurant called Retro Lunch, which is a 50's style restaurant.

[@sunnychopade6345]

W Goa is where I had my best culinary experience.

[@usrxntdoi4653jucf]

Thanks for extra 16-th tip)

[@50djchincy]

I'm posting this after reading the comments. Most of you guys doesn't have a idea about restaurant or the way those work. it's not easy business and the video is describing it as it is. Truth is better than wrong motivation I think. You will understand most of the points when you work for longer.

[@damianchapewa8]

thanks for skills bussiness

[@vinuta3647]

Thank you so much for this useful video 😊 it helped me a lot .

[@vijaysinghchauhan1429]

Hey alux, pls make a video about clothing business startup..

[@quantumyoutubeguy2]

Using this for my bloxburg restaurant

[@clintonjones955]

Good Job, ALUX ...as an update to this issue, the food industry (Farm >> Grocery >> Restaurant) has taken a fatal blow with the Covid_19 virus 'scandal' ...like the previous post-2000 (9/11, 2008) crisis, of the INTERNET (dotcom & communication), and financial (housing) bubbles popping ...this one can be called THE FOOD STANDARD (health, medicine, safety) and will change the 'commercial' world forever ...Since 2008, when 50% of commercial traffic disappeared (noted by the empty shopping centers and malls) ...NOW, foot traffic and entertainment venues have been driven indoors (Pay-Per-View), ironically for the convenience of the INTERNET (system, that has developed 'SmartPhones' and remote video conferencing) ...The 'Freelance 1099' labor force seems to be taking the challenge with 'shopping & delivery' services to supplant 10% of the Labor Force that disappeared almost overnight ...Restaurants are being replaced with 'Ghost Kitchens' and 'Food Trucks' that cater to closely-held neighborhoods ...Hotels and Motels are being converted to 'Homesteads' and wearing Costumes (with air filtering masks) is becoming 'Fashion' led by Celebrities (That feel our pain) ...The MEDIA has kept this ball in the air and on fire since the 2000 ball drop at Time Square in New York, NY IMHO, civilization has finally succeeded and can now stabilize with a rich history of suffering and challenge to tell our ancestors ...someday

[@feryzumaidy8486]

it very good information for me who considering to start opening a small new restaurant

[@balex556]

well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services

[@aimee9878]

Always confirm the order with the customer so he or she knows you care about accuracy. Put gloves on before you clean with chemicals so you do not die. Always clean with food safe materials.

[@itsdivanshugarg]

it took me more than a hour to take the notes i wonder how long does it took for you to make the script

[@user-zh8kd9vk3m]

I would also add free samples. A lot of times I don’t know how something tastes if there isn’t a free sample.

[@discman15]

"Where future billionaires come to get informed" i am dyinggggggggggg 💀💀💀💀💀💀💀💀💀💀💀💀💀💀💀💀💀

[@paintedbyukina2856]

Nice video- -- what is nicest food concept you've experience in. A Resturant? 👉 after ingesting whole food whether its chicken or steak my favorite part is sweet and drinks in the and ahhh made my day if you offer some sweet 🍧 desert for free or some unique 🍹 drink ( made your Resturant professional ) 😍🙌

[@SevenDeMagnus]

Thank. I could use this new data, this new information, to revisit my attempt to be successful in the food business. God bless, Proverbs 31

[@southsidesantii3753]

The one thing I say that most locally owned Restaurants is the menu. Too much menu items. Keep it simple but make it high quality so that you’re making profit from everything.

[@hectorman8709]

I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app

[@ikalpeshvispute]

CBSC- Cooked in Brass Served in Clay, is Based in India working on Indian Cuisine with Ayurveda their USP is they don't use any preservatives, colour, Ajinomoto, And things like that. ⭐⭐⭐⭐⭐

[@bertinaslaughter2494]

I thank you for the presentation it was helpful. I now understand some major points and I will be doing some more researching .

[@aokimika9249]

0:21 and I was out.

[@vritss]

Love From India #ALUX

[@alux]

💙

[@vritss]

🎉🎉🎉

[@taishafrey5645]

my dad is makes magic with a smoker!

[@leshfut798]

make a video for social media marketing

[@richardandrassy6075]

Plz do a video on investing

[@Zo-hc2fn]

Have you guys noticed that : eating out is very difficult and expensive. in an area, typically, you might find an outlet selling pizza, you might sometimes find a restaurant in which meals are quite expensive, and that's it. Here you barely have : very few foods, and they are expensive You can eat almost nothing, Do you guys see ? This model is very inefficient Eating out is nearly impossible Something is definitely missing it is : a restaurant where food keeps changing, food changes every day Chefs also rotate A meal is going to be cheap You get new foods every day. After a period of time : you will have eaten thousands of foods Do you see the difference now ? This model is way better Eating out will finally become possible.

[@Robert0sorio2]

Keep business running but is a hard job and needs your full attention and long hours.

[@azerdazamat640]

Hahae so good

[@taishafrey5645]

we all work at my mom and dads restaurant

[@spawnedgelord1703]

Alux you should try construction business

[@adityaverma9888]

15 things about share business

[@martimfreiredeoliveira2931]

I want to create a luxurious Latin and French restaurant I’m learning to cook at 14 the problem is that my family isnt that rich because we don’t live in usa

[@nateproducedit2798]

Tetro pt I’m broke asf from the USA lmao living here doesn’t make u rich Tetro u still have to work you’re ass off

[@hectorman8709]

I am thinking about a new type of restaurants: eating-spots in eating-spots, food keeps changing, chefs also rotate this is opposed to current restaurants, thanks to this rotation of food and chefs, eating-spots are more powerful than restaurants, along with that, there is an app, people vote for the food that will be cooked in the next days menu is influenced by the live input of the people via an app

[@chesterangelo4627]

I'll be back here soon if my business will be successful 💯

[@balex556]

well one of the most effective ways to engage,and boost your sales is creating website and an app to brand your business and am an expert I can help you with this services

[@bullmaguire7330]

Video idea on day trading

[@squeeze1549]

So you should study about restaurateur to open your own restaurant ? :/

[@taishafrey5645]

he goes all organic too!

[@vivekshukla3435]

construction industry please

[@robertcurry6413]

Any great control ideas? I find all servers, cooks & generally staff steal & I can’t be there 18 hrs a day.

[@jagadeeshwarr1522]

shawarma is the best recipe I have ever tasted

[@surajpatole1875]

LeBron is no longer at Cleaveland. He went with the Lakers