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Performance Bonuses can be Good or Bad

Performance Bonuses can be Good or Bad

Categories: Blog, Right Concept
Performance bonuses for Management can be good or bad. They are good if they result in the desired performance that the bonus is intended to reward.  They are bad if ownership and Management have differing opinions on the desired performance results. Deciding which path is right for your restaurant ...
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Outside the Box Marketing that Works

Outside the Box Marketing that Works

Categories: Blog
All too often an independent restaurateur will follow traditional marketing methods because they lack experience, and it’s the easiest.  Unfortunately, it is the most expensive and not always the most effective.The founders of W&W Restaurant Consulting Group with over 50 years of restaurant m ...
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How a Good Operations Manual Leads to Success

How a Good Operations Manual Leads to Success

Categories: Blog, Right Systems
There are many reasons for failure in the restaurant industry.  One of the most common is that a person will open a restaurant without sufficient industry knowledge.  For example; they observe a successful restaurant and feel that all they have to do is copy the décor and menu.  Unfortunately, t ...
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Financing a Restaurant

Financing a Restaurant

Categories: Blog
As consultants, W&W frequently receives calls from people who want advice on how to finance a restaurant. Generally speaking, there are many ways to finance a restaurant business.  By far the most traditional way is to finance through a lending institution with a possible SBA guarantee.  ...
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Importance of an Exit Strategy

Importance of an Exit Strategy

Categories: Blog
When planning a new restaurant the primary focus is naturally on success, and long term longevity.   You begin with a business plan for success.      Most 1st time restaurateurs seldom think or plan in terms of negative “what if’s”.   Their focal point is on the present.    However ...
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Best Chance for Success are Proven Systems

Best Chance for Success are Proven Systems

Categories: Blog, Right Concept
HOW TO SUCCESSFULLY RUN  A  RESTAURANT. Several years ago the National Restaurant Association reported that 86% of those who purchased a national franchise, succeeded.  The criteria for success were being in business for five years or longer.  The same report stated that 82% of first time r ...
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Importance of Restaurant Operation Manuals

Importance of Restaurant Operation Manuals

Categories: Blog, Right Systems
Several years ago the National Restaurant Association reported that 86% of those who purchased a national franchise, succeeded.  The criteria for success were being in business for five years or longer.  The same report stated that 82% of first time restaurateurs failed within the first year.The s ...
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Deciding On The Right Restaurant Concept

Deciding On The Right Restaurant Concept

Categories: Blog, Right Concept
When deciding on your restaurant concept, there are several factors that must be considered:First, you must think of your restaurant as a product to be sold.  That leads automatically to the next question; what product will appeal to the most people in the area where you plan to open?  The economy ...
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