In this episode of the iSearch podcast, we have Ren Yi from myBurgerLab and Hong from Grub to share things to know before starting an F&B business.
The areas of discussion include:
0:00 - Introduction
1:02 - Things Hong & Ren Yi wished they knew before starting their businesses
5:20 - Hong’s experience in Burgerlab before venturing into his own F&B business
9:44 - Cost to start an F&B business and how long it takes to breakeven
14:25 - Major pivot that turned their businesses around
19:00 - Key considerations for investing in your business
26:52 - Maintaining one branch vs. scaling up to multiple branches
28:42 - Effective marketing strategies & measuring the success of marketing campaigns
33:21 - Thoughts on influencer marketing for restaurants
37:29 - Google reviews as an important marketing tool
44:38 - Hiring F&B staff and maintaining staff quality
52:43 - F&B outlook for 2023
Check out myBurgerLab here:
myburgerlab.co...
Check out Grub here:
/ hongmasterchef
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