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The Importance of Having a Business Plan

Modern Restaurant Management

Strategic planning before investing is quite critical to the success of any business and can help define a clear pathway. Because of the high failure rate of restaurants,, one cannot doubt the importance of strategic planning. A strategic plan, therefore, is a blueprint and a critical document for the business.

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8 Tips to Boost Your Hotel Holiday Revenue

Revenue Hub

However, this year’s shortened holiday season means early strategic planning is crucial. Tip 3: Promote gift cards for the perfect holiday present 1 in 2 people prefer gift cards for the freedom to choose their desired gift. Design holiday-themed gift cards to capture the festive spirit.

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How Social Media Can Transform Business Communication

Social Hospitality

Effective Strategies for Utilizing Social Media Social media marketing success relies on strategic planning and execution. Managing Customer Feedback and Engagement Social media’s real-time nature presents opportunities and challenges for managing customer feedback.

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Three Fresh Tips for Leveraging PR to Grow

Modern Restaurant Management

Identifying your key audience is an important part of your strategic plan. While the world is in a bit of a holding pattern presently, this may be the best time to start sharing your story, showcase your solutions, and weigh in on trending topics or challenges that the industry is facing.

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Streamline the Rush: Solving the Pain Points Created by Delivery Apps

Modern Restaurant Management

The modern restaurant ecosystem demands that businesses of all shapes and styles, from full-service fine dining to quick-serve fast-casual, incorporate third-party delivery systems into their business models, strategic planning, Front and Back of House training and physical design.

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The Need for Hotel Capex and Creating Returns

Revenue Hub

Nevertheless some time this has to do with the operator’s inability to prepare and present the right information to the Owner and convince him about the necessity of the renovation or due to a lack of trust. While I am eager to protect investors from unnecessary spending, I would be failing in my duty if I didn’t encourage creative spending.

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How Small Hotels Can Capture Overflow From Big Events

Revenue Hub

NB: This is an article from Knowland Subscribe to our weekly newsletter and stay up to date These events generate high demand for hotel rooms, presenting small and select service hotels with an opportunity to maximize their revenue. Tools like Knowland provide valuable insights into annual or recurring events in specific sub-markets.

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