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  Running a successful restaurant is not an easy task. In fact, statistics show that 25% of restaurants shut down within the first year of operations. However, there are certain key traits that a restaurant must possess to ensure business success and profitability. This article will discuss 11 essential tips for restaurant owners to help them achieve their business goals.  Tip 1: Understand the Restaurant Business  A lack of understanding of the restaurant business is one of the top reasons why many restaurants fail. First-time restaurant owners must be familiar with the food, labor, gross margins, and profits. It's also essential to conduct thorough research before opening a restaurant, from settling accounts with vendors to managing staff and executing restaurant operations.  Tip 2: Serve Great Food  Excellent food is a must for any restaurant. Whether it's unique or not, the food should be prepared better than your competitors. A great chef and signature dishes are character

  The hospitality industry, which includes restaurants, coffee shops, bars, and bakeries, is facing economic and social challenges that are difficult to manage. Despite the need to keep the business afloat, restaurant owners must also innovate and improve their email marketing strategies as more businesses are moving online. Establishing a restaurant website and online ordering systems is the first step in adapting to the new norm. However, to let customers know about these services, restaurants need to make use of email marketing by sending valuable content from their kitchens to build customer relationships online. This article offers six steps for creating a successful email marketing campaign for restaurants, including planning, building a contact list, segmenting the contact list, designing and writing emails, email automation, and analyzing the results. The hospitality industry, which includes restaurants, coffee shops, bars, and bakeries, is facing economic and social challenges