Here are 4 things restaurants must address to come back from COVID-19:
Cash tops the list. Restaurants need to make sure that utility and other essential bills are paid, since vendors aren’t likely to extend credit to someone in arrears from before shutdowns.
Then, there are the costs of sanitizing everything from stoves to bar stools, carpet cleaning, updates to install hand sanitizer dispensers and more. Restaurant jobs have always been among the most mobile in American society, any way. And the demand for restaurant employees over the past several years meant that a good cook, server or front of the house staffer could pick where they wanted to work.
Likewise, employees who rely on tips might be more interested in steady income, like that from grocery stores or hotels, especially since there’s no guarantee how many customers they’ll serve, how many hours they’ll work and the prices that will be on the menu.Along with getting vendors to supply ingredients, restaurant owners now have to think about what they’ll be able to serve.
However, it’s possible that those favorites weren’t that cost-effective to serve, and that they hung around menus simply to keep regulars happy.
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