Looking to do something different with your restaurant? Renovating your restaurant to include spaces for private events is a great way to get the most out of your business. By choosing to renovate your restaurant you'll give your venue a facelift and give your customers something new to talk about.
Why Private Event Spaces
Your customers often come to your restaurant to celebrate big occasions in their lives. By renovating to include private spaces for those momentous events, you can make those events extra special for your customer. Depending on your budget, you can add a small addition to host birthday parties or a large reception hall for weddings. These spaces generate additional revenue because a customer will gladly pay a rental fee for the private space in addition to the fees for food and services you'd normally provide.
Being Prepared For Your Renovation
Adding a private event space to your restaurant will strongly impact your business. Many restaurant owners have to balance the cost of the renovation with how much they except to recoup. You can minimize your costs by giving your customers plenty of notice before renovating. This is especially important if you're doing a full shut down.
Next, before you renovate, you should also obtain financing to cover the costs of the renovation and the related downtime for your business. In order to minimize your downtime and the amount of financing you need, go over all of the details with a professional contractor, like City Centre Interior Contractors Ltd, before building begins. Choose every table top, paint swatch and floor covering before building starts to prevent delays in the renovation process.
You also have your staff to think about. If you have to close your restaurant to add the private event space, let your staff know the length of the renovation and when you expect it to occur well in advance. Being courteous to your staff will ensure you retain as much of your staff as possible.
Making Your Renovation Successful
Be prepared to be hands on during the renovation process. This doesn't mean you have to participate in the actual construction process, but you should feel comfortable supervising. By being available during the renovation you can ask questions and have a more direct impact on small details.
After the renovation is complete, make sure you have the marketing materials to alert your customers to your new private event space. Have signage by your hostess stand with brochures detailing the services you offer for the space.
Choosing to renovate your restaurant to include a private event space is an investment in your restaurant's future. By preparing properly for the renovation and keeping your customers' needs in mind, you'll reap the most from this renovation.Share