Question

What solutions would you offer the restaurant manager to raise revenues? Can she bring down costs...

What solutions would you offer the restaurant manager to raise revenues? Can she bring down costs while at the same time maintaining earlier quality standards and larger portion sizes? Should increasing meal and menu prices be considered?

Homework Answers

Answer #1

Suggestion I would give to the restaurant:

  1. Increase menu and variety of foods
  2. Give promotional discount to the customers
  3. Improve ambience of the restaurant
  4. Gives deals on weekends
  5. Put attractive prices
  6. Start home deliveries etc

No cost cutting is not required, instead expansion of the services will helps a log in generating more revenues.

Increasing price will not help in near future but yes increasing menu option is something which helps in bringing more customer to the table.

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