A Journey into Restaurant Ownership by Lean Management Practices

Authors

  • K. Bhavith PG- Master of business Administration. Institute of Aeronautical Engineering Dundigal, Telangana, India. Author
  • Dr. k Jagannayaki Professor, Master of business Administration, Institute of Aeronautical Engineering Dundigal, Telangana, India. Author
  • Dr. Vara Lakshmi Thavva Head of the department, Master of business Administration, Institute of Aeronautical Engineering Dundigal, Telangana, India. Author

DOI:

https://doi.org/10.47392/IRJAEM.2024.0270

Keywords:

Customer Satisfaction, Restaurant Management, Restaurant Ownership

Abstract

"A Journey into Restaurant Ownership, Management, and Customer Satisfaction" delves into the multifaceted world of running a successful     restaurant, emphasizing the critical role of customer satisfaction. This project explores the entire lifecycle of restaurant ownership and management, from conceptualization to daily operations, with a keen focus on creating exceptional dining experiences. The project begins by examining the process of conceptualizing and planning a restaurant, including choosing a concept, location, and target market. It then delves into the intricacies of menu development, pricing strategies, and sourcing ingredients to ensure quality and appeal. Operational management is a key focus, covering staff recruitment, training, and scheduling, as well as inventory management and maintaining high standards of cleanliness and safety. Marketing and promotion strategies are also explored, with an emphasis on digital marketing, social media engagement, and customer relationship management.  Customer satisfaction is at the core of this project, with an analysis of factors that influence customer perceptions, such as food quality, service efficiency, ambiance, and value for money. Strategies for measuring and improving customer satisfaction are discussed, including feedback mechanisms and service recovery techniques. practical recommendations for aspiring and current restaurant owners and managers. It underscores the importance of customer satisfaction as a driver of success in the competitive restaurant.

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Published

2024-06-05

How to Cite

A Journey into Restaurant Ownership by Lean Management Practices. (2024). International Research Journal on Advanced Engineering and Management (IRJAEM), 2(06), 1828-1830. https://doi.org/10.47392/IRJAEM.2024.0270