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February 4, 2008

10 Things I Know About...

Opening A Restaurant


By Michael Covino
President of Niche Hospitality Group, operators of Block 5 Bistro, Bocado Tapas Bar and Mezcal Tequila Cantina in Worcester.

As told to Cory S. Hopkins,
Worcester Business Journal Staff Writer

10. DEFINE THE MARKET'S APPETITE



Restaurant concepts that work in other markets may not work in yours. Go with a concept that may not have been done, but that local customers will also accept.

9. WORK WITHIN YOURSELF



Our executive chef is comfortable with certain cuisines, so we've worked around that. We won't be opening a Chinese food restaurant any time soon.

8. MANAGE TO OWN



You need to manage a restaurant in your market before you own one, to get a feel for what people want.

7. DEEP DISH



Your managers need deep experience, from the front of the house to the back.

6. 51 PERCENT GRATUITY



Your staff needs to have 51 percent love for what they do, and a 49 percent ability to do it. Too far skewed one way or another, and your customers will notice.

5. PRIME VALUE



Nobody wants $12.99 Prime Rib. Establish a price point between "What a deal" and "They're desperate."

4. PRACTICE MAKES PERFECT



Study industry best practices, from restaurants to hotels and the service industries, to always make your hospitality the best.

3. CREATE A BUZZ



Advertise yourself, even (sometimes especially) in the lean months.

2. REWARD YOUR REGULARS



Reward your regulars with a "Buy 10 Appetizers, Get One Free" type of program.

1. DIPLOMACY



Your entire staff should act as an ambassador of your restaurant.       

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