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How to Become Successful in a Restaurant Business
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[QUOTE="Etini, post: 332739, member: 90141"] Another factor to consider when it has to do with restaurant business and location is pricing. You have to understand the environment and the availabile market when you are offering meals in your restaurant. One of the biggest mistakes I made in my business journey was opening a restaurant in a student location and cooking at the level of the working class and subsequently selling it at the pricing if the working class. No one bought it. You can't go to a location that is mostly average earners to open a restaurant that offers a plate of food with give meats and expect patronage. You won't get because your pricing for that meal would be too high. Give them a single meat at their own favoured pricing and see how they would rush your restaurant. [/QUOTE]
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