Top 5 Reasons Bars & Restaurants Fail
Top 5 Reasons Bars & Restaurants Fail
Top 5 Reasons Bars & Restaurants Fail
Check out the app at https://www.barpatrol.net/ If you don’t take of these 5 things, you are doomed for failure in the bar and restaurant business.
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Stoked to find you. Great video, thanks!
Let your customers market for you I’ve done handy man work for clients in Orlando since 18 now I’m 19 it started from one manager at Disney needing receptacles relocated and now I fix gutters doors windows drywall hanging TVs and making or relocating receptacles good money but my dream is owning a small bar trying to do my 10year in 3
Yesss E-Myth is what made my first business so successful!!!
Great vid….the best detailed advice. Thanks very helpful 🙂
One must remember restaurants are cyclic. Customers cycle returant to restaurant no matter how good, they eventually will be bored of it.
is he drinking a coffee while making the voiceover for this video?
thank you so much . i actually want to open a cafe and those reasons are so related , meric again
Reasons bars fail
-lack of financial lacking
-rent must be no more than 10% of all sales
-systems in place
-owner manages the system not the employees
-poor customer service
-don’t stop marketing ( give customers in your place a premium experience)
-ask how is everything going, introduce as owner / manager
– not measuring, monitoring or following up
-in god we trust, all other must bring data
-poor execution plans and goals
at 2:17 he says your "occupancy" should not exceed 10% of total sales." What is "occupancy"? Occupancy normally refers to how many people are physically in the bar, but total sales is a dollar amount. Those are completely different categories, so I don’t understand what he’s talking about.
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Great video
Thanks so much for sharing your experience and knowledge we( my wife and i)are in process of finding our city ordinances sitting down with someone who is with city and prior chamber President and discussing our business concept and also looking at location..
Sir i just need your mobile number or your mail id to contact you
..thanks to this video, it helps me to my studies..❤️
Bars always seemed like a good idea since drinking is so integrated within many cultures.
Thank you, it is informative
#1: Shitty Bartenders with attitudes who pay more attention to their friends than people that actually tip.
Get out ofnthe mindset that "you work for yourself." It is such a tired cliche that some owners take too far.
You don’t.
You work for your customers. They pay your bills and mortgage.
I guess that applies to.any business.
Great points but I would have to say there is one other issue and, to me, it is the biggest issue. Marketing. Marketing is EVERYTHING you do to make a sale or perform a service for a client. Without marketing you are f’d. Really f’d, and not in a good way.
Customer service is a form of marketing, advertising is a form of marketing, the ambience in your bar is a form of marketing, the quality of your food is a form of marketing, and location is of course a form of marketing. Marketing is king. Without it you will fail. I see so many businesses, not just bars, lose sight of this.
Number 6, your staff is ripping you and your patrons off.
Thank u
I agree have a great system for inventory staff bookkeeping and accountability. Also stop thinking the customers always right your team customers and business have to be respected 100% of the time! Learn to use social media. My third rule do not work with womanizers their heads in a different place.
Nice Video! Keep up the good work!
Useful! My restaurant is not doing well, I can definitely learn something from this video.
Dave. This was wicked…top stuff.
Rent number 1
9000 per month ridiculous, or more
So true, lack of systems is key.
hello sir my name is gaurav and i want to open an bar and restaurant but i don’t have any experience of this industries . please can you help me with my queries (gauravnahar1411@gmail.com). its really important
Thx so much I’m still a teen but I want to start a bar when I’m older so you know ima try so hard and the personality part will work out for me I’m good at that I’ll make people feel wanted
Musician here. Everytime I play, I keep the people there buying more food/drink, but the managers are always a pain in the ass to get the show booked. I barely like dealing with em.
Either I’m still not doing my job well, or I chalk it down to bad management. It’s probably my area, but a lot of them just don’t know how to properly promote their own places. I never got why a bar/restaurant wouldn’t promote their entertainment. It’s like trying to play any sport without a ball and expecting to score…
Finally F yelp if your on yelp and not in your business you will lose staff!
you learn me nothink cause i m in France
Reason 1 – their owners turn drunkards 😀
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A power point…😑
There’s only 1 reason now in 2020……😷🧤
Do a top 5 reason nightclubs fail
Number #1 reason is coronavirus…. but really it’s the sh!t government regulations surrounding coronavirus.
I don’t run an actual bar, but hey, this is good for barkeep characters, too, time to not let my bar fall out of business, helped.
I found this very informative. Looking into opening a bar with appetizers only. Any helpful videos to get me started ? I have waitering, catering, bar tending in my history. Not giving up day job for this. Hoping it will be a source of income in the future.
Im planning to open a bar in 10 years from now. All of the stuff you said is already in my mingld to be successful. I guess i was made for this.
If you are common sense or just so mature person, this is a peace of cake. Everything looks so easy, now money is the thing. Without money you can’t start anything.
2 words : 💵 Jay Abraham 💵
Typo 8:50 it says "current", when you meant curtain i believe.
I want to open a dive bar though…
Please explain what giving a customer a premium experience is? Location is in Miami Beach. What is customer "experience" besides speedy and friendly?
All very good advice. Thanks for creating and uploading this!
Great point on systems.
Realize this is several years old, but having done 1000’s of presentations, see a way you might improve here. One of my basic rules is never read your slides. Your audience is doing that while you are talking. Rather just repeating what’s there, make sure the key points are made – prefereably with different words – or with examples. Stories about why the points you are making are crucial. Another approach is to reduce the words, so your audience is paying attention to what you are saying versus reading. A simple way to do this is to replace the words with a picture, or a single word. Liked your presenation even with these comments….
so true.
Me: *See’s nice restaurant on yelp*
Me: OOh i think i might-
Yelp: LOTS OF DRUNKS BUT ITS OK RIGHT?
Me: …
This is great. I had to sub. How do you measure and monitor your business? Does it better explain it in "The E Myth" book?