Archive for March, 2008
Learning from Failure: Lesson Two.
In the last installment, I compared the restaurant manufacturing operation with real estate. In this installment, we’ll look at a restaurant as a sales organization. While the back of the house (the kitchen) is all about manufacturing, the front of the house (the dining room) is all about sales. Meeting customers, setting expectations and […]
Posted: March 25th, 2008 under Articles, Training.
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Learning from Failure: Lesson One.
So I closed the restaurant after a year. We had grown sales about 20% over the year and were continuing to grow in sales and margin every month, while controlling costs and growing margin, but we were still another year from turning a profit. Because of the down turn in real estate, the […]
Posted: March 17th, 2008 under Articles, Training.
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Learning from Failure
Well, I finally did it. I decided to close my restaurant after a year of hard work, a lot of struggles, and even more soul searching. Over a hundred thousand dollars invested in trying to “turn around” a failed upscale eatery. And as I unwind the affairs of the restaurant, I must […]
Posted: March 10th, 2008 under Articles, Training.
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