How to get out of the restaurant business without going West?
Laduchi Consult was approached by a partner of the “A bar” restaurant with a problem: debts are piling up, no profit, partners do not trust each other, no single vision of a recovery strategy. Meanwhile, the restaurant has all it takes: a good traffic location, expensive and stylish interior design, an imported chef.
Mission
Assess the situation and introduce crisis management and recovery strategy in the restaurant business.
Reservation
The client maintained that the salvation process cannot be trusted to an outsider.
Result
According to the audit of the business, the owner has committed three most common mistakes:
It took us 9 months to bring the business back to break-even point. The restaurant became self-sufficient as we helped it stop generating the loss. Through application of the marketing strategy, we secured a traffic of loyal clientele to the “A bar” restaurant.
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