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Quick Business Tip – What are the typical issues of hospitality businesses?

Thursday April 5, 2018

What are the typical issues of hospitality businesses?

Typically, hospitality businesses rely on great customer service to get repeat patrons. Most common issues faced are:

  • Finding great, reliable chefs or senior cooks
  • Finding young, enthusiastic front of house with a care factor
  • Long hours 5-7 day businesses
  • Difficult to take holidays
  • Transient staff who are often back packer based
  • Communication
  • High rents
  • Recovering the high purchase price or setup costs
  • Time management
  • Weekend and evening work
  • Lack of vision
  • Fatigue
  • Understanding when to get out
  • Marketing knowledge tends to be very low
  • Financial management skills are typically low

If you are in these industries, working with a business coach will help you with all of the above. Even if you were in a partnership, you don’t have to be alone in facing all of those challenges. Reach out and see how far you can go.

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