Operations

Apart from the above investors, Swiggy counted DST Global, Bessemer Venture Partners, Norwest Venture Partners, Accel Partners, Saif Partners etc…

With no capital risk, quick payback period of less than 12 months, 3-5% rent to sales ratio, it surely is an infinite game of relentless execution.

The model also gives an ability to create multiple private brands at a lower marketing cost & higher operating leverage per brand.

The servers are most often unaware of what they are bringing to the table. Many lack the basic courtesy.

Considering the broader concepts - QSRs (quick-service restaurants, casual dining and fine-dining restaurants), here are the details of the cost of…

There is a close link between customer service and profits. If you get your customer service right, you get an edge of your competitors.

Hiring a good bar designer is highly profitable for a restaurateur as a good bar would benefit not only the owner but the clients as well.

Revenue management is about attracting the right guests at the right time.

Globally, it is believed that 90 per cent of the most successful restaurants have the best team to work with.

Critical aspect of SCM is that everyone is involved, system approach to reducing cost and lastly integration being the key to drive it.

His capability of managing back-end with short staff or less material showcases his ability and results in reduced costs.

Understand the tryst of the inhabitants of the city and tweak a few local dishes that would make Mumbaikars fall in love with food all over again.

According to a survey held by Fransmart.com, 45 per cent customers prefer to go out to eat at restaurants that are socially responsible.

You should keep in mind that adulteration increases during festival-time due to increasing demand.

And, this doesn't end here, there has been lots of developments in restaurant and Food-tech world seeking participation from women entrepreneurs.