How do I increase turnover?

Asked by Paulette Contessi
My turnover isn't paying bills.

4 Answers viewed 354 times with 2 subscribers

Voted by: Steve Osborne

There are countless ways to increase your turnover, however, turnover can never be relied upon to pay your bills. Profit is what is required for that.

So ask another quextion about how to generate more profit and be spacific about what you are doing (or apparently not doing) to generate same.

Comments : (1)
I own a restaurant, I can't decrease my staff any further without it hindering service, we keep low stock levels & there's nothing we can do about rent, after 7 months we've hit a wall, our weekly turnover is stagnant & for a new business we were budgeting a 5% increase monthly but it's just not happening.
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I own a restaurant, I can't decrease my staff any further without it hindering service, we keep low stock levels & there's nothing we can do about rent, after 7 months we've hit a wall, our weekly turnover is stagnant & for a new business we were budgeting a 5% increase monthly but it's just not happening.

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Brian Bijdeveldt at Profitkoach
Voted by: Sarah Irwin Steve Osborne
Paulette, Your problem can be caused by varied factors. Are you marketing and promoting the business consistently? Have you approached other businesses to form referral agreements? Are you keeping in touch with your existing clients and offering deals and special theme night packages? If you can't do this yourself (and you have some budget to allocate) get a marketing expert to help you set up a marketing campaign to start pulling customers in. If your business model ensures you can make a profit then more revenue is a good thing! Develop packages and up sells anchored by basic dishes. Without more info it is hard to give you a better answer...good luck. Regards, Brian Bijdeveldt
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Ideal home Owner at Ideal Home Storage
Very nice
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