#10: Restaurant Business Ideas for Maximizing COVID 19
December 16, 2020 by David Scott Peters
The topic of this restaurant business ideas podcast episode again centers around the crisis restaurant owners find themselves in due to the re-enabled COVID-19 business restrictions. This episode is a result of so many of my members facing dining room closures, a Congress that has ignored the cries of the industry for way too long and thousands of people dying every day. What I have to share with you is both sobering and hopeful.
First, the implementation of these restrictions on the restaurant industry have been devastating. Let me be clear, I believe we need to save lives, and I believe the pandemic is real. I also have a deep concern for the families that are impacted financially from restaurant owners who could lose everything to the line employees who could end up getting evicted from their homes because their jobs have disappeared.
On top of that, I'm absolutely pissed off at our federal government, at their absolute lack of interest in bailing out the largest employer in the United States, the hospitality industry. At the time of me recording this podcast, Congress is only now at the 11th hour trying to come up with some small corrective measure that could help, but the reality on the ground is that it's probably too late for too many.
From what I've seen, by the end of 2020, we could have lost almost 40 percent of independent restaurants in the United States. It makes me want to cry. These inconsistent and sometimes seemingly contradictory business restrictions make restaurant owners lose hope. Their sales dropped from thousands of dollars a day as they got their businesses back up and running, almost back to normal for many overnight, to closing again seeing sales drop back to the hundreds in one day.
Not to mention pivot fatigue is real. Back in March 2020 restaurant owners did whatever they could from becoming a grocery store to adding delivery for dine-in restaurants. This second round of business closures doesn’t offer the same pivoting opportunities, especially with the winter season upon us.
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