15/09/2022
1. They offer too much
You don't need to have 100 options to make lots of sales. You just need to stand behind what you do.
Offering loads of options, 20 different styles and huge menus does the opposite of what you think.
You think youâre being helpful to your customers. Youâre actually overwhelming them.
2. They do too much
Because you started your business yourself you think you have to do everything: Cooking, Sales, Cleaning, Ordering, Strategizing
You donât. Handling ALL of those decisions leaves no room for thinking about your business. Youâre exhausted from trying to cram it all in. You need systems to support and delegate your smaller decisions. This will free up brain capacity for the larger ones.
3. They donât know how much gross profit each item makes
Gross profit keeps the cogs of the business turning. You need to know that each item is making enough to support the business so that you can pay yourself, keep going and grow. If you donât know what that number is you will probably undercharge and run out of money.
4. They donât have a strategy for growing
âI will get more people to buyâ is NOT a growth strategy.
If you want to reach more customers, add products and increase sales you have to first understand who youâre selling to, and what your business can maintain. You also have to be prepared to say no to anything that isnât aligned. That is where most food entrepreneurs crash.
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