188. Staying Ahead in the Restaurant Industry: Strategies for Success | Restaurant Management

In today's episode of Making Dough Show, we discuss an important
topic that affects restaurant owners everywhere: the impact of
government funding and competition in the market. We've observed
a significant increase in new restaurant openings, driven by the
injection of funds such as PPP and ERTC money. This influx of
capital has led to expansions and fierce competition in various
neighborhoods and markets. Now, more than ever, it's crucial to
evaluate how these developments affect your business and what
actions you should take to stay ahead.


We invite you to join the conversation by sharing your
experiences and thoughts on this matter. Have you witnessed heavy
expansion in your local market? How did you utilize the
government funds you received? Are you investing strategically to
protect your business from competitors? Remember, as Mark Cuban
famously said, "Someone is working twenty-four seven to take it
all away from you." The restaurant industry is highly
competitive, and being proactive and aggressive is key to
securing your market share.


Creating content for your restaurant is another powerful tool to
differentiate yourself and combat obscurity. Even if you're short
on time, producing even mediocre content is better than none at
all. We'll explore the importance of leveraging your unique point
of view and engaging with your audience through videos, podcasts,
and more. Let's discuss how you can make a lasting impact and
connect with your customers. We'd love to hear your thoughts on
these topics. Leave a comment on our YouTube video or podcast
review, and let's engage in a conversation about the challenges
and opportunities in the restaurant industry. Together, we can
overcome obstacles, make some dough, and thrive in this
competitive landscape.


Download: The Ultimate Restaurant Marketing Guide and all our
FREE Resources at https://www.makingdoughshow.com/resources


Watch: STREAMLINE Your Restaurant Operations | Restaurant Owner
Tips https://youtu.be/x54UJWtgywQ


Watch: Why Background Checks Are Crucial in Hiring | 3 Lessons
Learned from a "Sex Offender Staff" Case
https://youtu.be/9iESp_XDUfo


Want to learn more about owning a profitable restaurant business
and how to run a restaurant successfully? Subscribe to the Making
Dough Restaurant Show and get weekly tips on restaurant marketing
and restaurant management! Let's make some dough! 


Want TOAST POS for your restaurant? Click this link to sign up
for a DEMO today and download the Restaurant Opening Calculator
and Restaurant Business Plan Template for FREE:
https://www.makingdoughshow.com/toast-demo


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