Heron Project Management Ltd’s Post

Why Iconic Memphis Steakhouses Are Closing: Shocking Truth Discover the unexpected reason behind the closure of beloved Memphis restaurants, particularly Buckley's Steakhouse. We reveal how rising crime rates and safety concerns are affecting local businesses and community favorites. #MemphisRestaurants #BuckleysSteakhouse #DiningInMemphis #FoodieNews #CommunityIssues #CrimeImpact #RestaurantClosure #LocalBusiness #SafetyConcerns #MemphisEats

Casual Dining Staple TGI Fridays Turns to Bankruptcy Jordan Valinsky of CNN reports that TGI Fridays Inc. has filed for Chapter 11 bankruptcy due to financial strain caused by the Covid-19 pandemic... Read More: https://lnkd.in/gTT5TimU #JordanValinsky #TGIFridays #BusinessNews #GlobalCEOMagazine #businessmagazine #Business #News

Buying Two Businesses at Once: Lyle's Success Story Lyle closed deals on a 5-star restaurant with a bar and a restaurant with a bowling alley. Both have the potential to reach $2M in volume. Here are the lessons from those deals:

Have you ever been to St. Elmo Steak House? It’s the oldest Indianapolis steakhouse in its original location and if you’re familiar with its national reputation, then you know why it’s been around since 1902. When I had the pleasure of dining there a couple of weeks ago, the owner came and talked to our table. He talked a lot about his staff, many of whom are career servers and waiters. You know, I see people look down on those who work in the service industry, but this is exactly what these people want to be doing and there is no place they’d rather be doing it than St. Elmo. What the owner talked about most were his staff members and he made clear how essential they are to St. Elmo’s success. The restaurant industry is hard. Consistency is critical. You can’t afford off nights. It’s because these people are so committed to what they do that the restaurant has been able to build and maintain its reputation for 122 years. Every successful business leader should be able to say the same.

Restaurant Apocalypse Accelerates As America’s Biggest Chains Go Bankrupt July 9, 2024 8:16 pm by CWR Burger King. Wendy’s. Boston Market. Red Lobster. Popeye’s. Arby’s. Corner Bakery. Carl’s Jr. The list goes on. On top of being some of the most iconic restaurants in the U.S., what do all of these companies have in common? According to U.S. Court documents, these brands have all faced bankruptcies over the past year as the “Restaurant Apocalypse” continues to wreak havoc across the nation. New reports reveal that America’s biggest chains are announcing the closure of thousands of locations right now. https://lnkd.in/gXPYfBPx

Every small victory in your restaurant is a step toward greatness! 🌟 Whether it’s a compliment from a satisfied customer, a new dish that becomes a favorite, or even a smooth shift, each is a building block of your success story. Let's take a moment to celebrate these wins together. Restaurant owners, what small victory did you celebrate today? Share your moments and let’s inspire each other to keep aiming higher! 🍽️💪 #SmallWinsBigSmiles #CelebrateSuccess #RestaurantJourney #ChefLife #DailyVictories #CulinaryWins #DiningDelight #HospitalityProud #MenuMagic #TeamTriumph"

Unleash the power of the Buffalo Thunder 2! Whether you're a restaurant, bowling alley, or laundromat owner, this game is guaranteed to keep your patrons engaged and boost your revenue. #fishgamekings #fishtablegames #fishgametables #buffalothunder2

How did McDonald's go from opening their first restaurant in 1940 in San Bernadino, California, to having 41,822 restaurants worldwide in 2023? 🍔 Short answer: The systems in place are well-proven, well-tested, well-iterated and consistent. Long answer: If you've not seen the film 'The Founder', you should. It's a film about the founders of McDonald's and how they started to franchise the restaurant out. The founders were (Rightly) worried about maintaining consistency across multiple restaurants, and employed Ray Kroc who created the systems that each restaurant would adhere to. Put them in place, trained people on the same systems, machinery, process, and quality stayed high throughout. Drag and drop this to over 41,000, some perhaps changing the menu to fit different cultures, and you've got McDonald's as you see it today, still using a solid system and process. What does that teach us? If you want to scale, you need a system. Write it down, optimise it, try it and iterate, and go again.