Your successful pho restaurant starts even before serving your first bowl of pho. A successful pho restaurant starts with a solid business plan and a detailed financials called the pro forma. These two documents form the foundation for your new pho restaurant. They may require a lot of work but no one says opening a restaurant is ever easy. Here are guidelines to help you get started to make estimates about your new pho restaurant.
This is the story of a failing pho restaurant I tried but couldn’t help. It has lots of potentials, but sadly it’s probably not going to make it. No pho restaurant fails all of a sudden. Either it didn’t start out right to begin with, or it’s a gradual slide to the abyss of no revenue. In the vast majority of cases, you can watch as if in slow motion that a pho restaurant is going down and will eventually close. All the signs are there and solutions are also there. Yet some pull through but others continue their path to closure. I hope this story helps someone.
Pho restaurant owners: Are you getting the right feedback to fix your pho restaurant’s problems? As I help pho restaurateurs improving performance of their businesses, there’s always a few common threads among those pho restaurants that are in trouble of making it. If I have to boil it down to a few words, it’d be this: “Understand what your customer is unhappy about your pho restaurant, then fix it fast. In this post, I discuss the 5 things that can hurt your pho restaurant and offer some remedies.