Restaurant managers work extremely long hours, sometimes 12 to 15 hours a day, up to seven days a week, according to the Bureau of Labor Statistics. A definite advantage of analyzing the pros and cons of owning a restaurant is the opportunity to do more for your community. Some owners will sponsor a minor league team, donate food to a local shelter, or organize regular fundraising events. And your charitable behavior could generate more than just a little bit of good will.
According to a recent CSR study, 87% of consumers would buy from a company that defended an issue that mattered to them. Since you'll have to work on weekends and holidays, and sometimes you'll also have to work late at night, you'll have a rather poor work-life balance as a restaurant manager and you may secretly want to switch places with your friends who have 9 to 5 regular jobs. In fact, if you run a restaurant that generates significant turnover, you'll often also receive a fraction of the profits as a bonus, which can amount to significant amounts of money. As a restaurant manager, you also have the privilege of working indoors, while scaffolding and many other people have to work outdoors in bad weather and, therefore, you can enjoy your working day much more in a fairly comfortable environment as a restaurant manager.
Due to the repetitive nature of the game, you may sooner or later get bored as a restaurant manager and eventually lose motivation for what you're doing. However, the National Restaurant Association recently partnered with UnitedHealth to create comprehensive and affordable healthcare options for both you and your staff. Since you'll learn a lot during your career as a restaurant manager and you'll also have a lot of people underneath you, you'll also have the opportunity to pass on your knowledge to the next generation and you won't have to worry about them losing your experience when you retire. From choosing a mobile POS system to using convenient inventory apps, check out the 11 best ways to digitize your restaurant.
This decline was predicted due to the decline in the number of new restaurants and bars in the U.S. UU. While restaurant managers can make decent money and can also outsource many unpleasant tasks to their employees, restaurant managers also have to work on weekends, and the overall work-life balance is often quite poor. You can also check out the American Hotel %26 Lodging Educational Institute, which offers the Certified Restaurant Manager (CRM) credential.
You should also know that many things you do as a restaurant manager are quite repetitive and therefore you may not be able to experience many new things in the long term. Many front desk employees aren't familiar with what goes on behind the scenes when you're running a restaurant. Most restaurant managers are expected to have experience in the restaurant industry as a chef, waiter, waiter, or host. However, more than 60% of restaurant owners say that recruitment and retention are their biggest challenge to success.