Restaurant Franchise Opportunities

Expansion Aug, 05 2017

How Restaurant Business Grows on Customisation

It’s good to have a restaurant in Delhi and Mumbai but at the same time having a restaurant in Coimbatore and Orissa is also pretty nice because at the end of the day you’re feeding people.

By Charu Sharma
Feature Writer

Restaurateurs today are trying to expand their reach. Local restaurants are going international and international brands are focusing on local areas. Restaurant business is a consumer business and wherever you go consumption does not stop. Hence, restaurants these days have great opportunities.

Formula to Manage Growth

Any restaurant either small or big has the same goal and responsibility, making a successful business. And, to make your business you need resources which come from people, process and system. And even above them one needs righteous process because it converts these two into product and product is what one sells. Managing multiple brands together is just a matter of priority and capability to manage everything.

“Fifteen years ago, we started with fine dining and then introduced 12 restaurants with bakeries and today we are 170 restaurants. Our business is divided into three clear arms-bakery and cafe’, organized Chinese and the fine dine,” says Reynold Fernandes, CEO at Oriental Cuisines Pvt. Ltd. It’s good to have a restaurant in Delhi and Mumbai but at the same time having a restaurant in Coimbatore and Orissa is also pretty nice because at the end of the day you’re feeding people. You’re into the business of consumption and consumptions are happening every day.

Making Global Brand Local

Many brands like McDonald’s, KFC, Subway entered into Indian food market and suited Indian palate very well. So bringing global brands to India and moulding them according to Indian palate is the key. “It is not only important to localise the product according to Indian taste but it is also important to localise the product according to the regional taste,” adds Karan Tanna, CEO at Yellow Tie Hospitality. India is a diverse country unlike America where beef burger is common from east to west but here you’ll find different spices, cuisines, requirements and approaches towards food in different parts of the country. It is always safe to maintain a balance in serving a standardised product because at last it is your brand. “We have tried to bring regional taste in our product, we introduced palak paneer burger, schezwan noodle burger etc to meet customer’s aspiration,” he adds further.

When Brand Travels to another City

Getting a skilled labour and to retain them afterwards is the foremost challenge while moving to another city. “India being price sensitive has always been a fear to businessmen plus presenting a combination of quality with tight budget is no less than an uphill battle. It is very important to cater to the local palate,” says Kaizad Modi, Sr. Partner & Owner, REISE Hospitality LLP.

A neat business plan is a must. “Build business passionately and decide unemotionally because we are so attached to the things sometimes and that is the point where we fall. Go out with the right market plan either you’re setting up a restaurant or expanding,” adds Fernandes. One needs to be extra creative when it comes to Indian food industry.

Related: Do restaurants have soul in today’s evolving business

Click Here to add Comment
Please add your Comment
Rating
Sell Business 2017
Sell Franchise 2017
Most Section

Video

Magazines & Books

Read the latest franchising magazines and books to get comprehensive and up-to-date information on leading franchise systems, trends and more.

Recommended For You
Newsletter Signup
Submit your email address to receive the latest updates on news & host of opportunities.
Restaurant India

Copyright © 2009 - 2017 Franchise India Holdings Ltd.

The information contained herein is of generic nature only, and Franchise India is not, by means of this website or any part thereof, rendering professional advice or services. Before making any decision or taking any action that might affect your finances or business, you should consult a qualified professional advisor. Your use of this website or any of its pages or links given, is at your own risk and you assume full responsibility and risk of loss resulting from your usage. With respect to use of the website, kindly visit www.franchiseindia.com/terms.