Some Not-So-Obvious Mistakes Restaurants Make

The number of failed restaurants is large, and yet, becoming a restaurateur remains a dream for many. According to research by Ohio University, 60 percent of the people who decided to open a restaurant had to close it during the first year. So, before you dive into the restaurant business and follow your dream, learn these unobvious mistakes that might make that dream a nightmare.

Lack of ValueCustomers might appreciate great design or  unique menu items, but what they really want is value. When you focus on other things instead of making sure you offer the value for every dollar spent at your restaurant, you are bound to lose some customers along the way.

Many customers won't return if the food you provide is not good enough for the price they pay. The menu  will mean nothing to them if you haven't taken the time to pick a great chef or hire an amazing service team and priced menu items accordingly.

Improper Cash ManagementRestaurateurs have a wide range of responsibilities…