National Brokers Network

Tips to Ensure That Your New Food Service Business Will Grow for Long Term

It is not all about the food. Rather, it is also about offering a remarkable experience to your customers. That is the key to sustainable growth. Also, it will help to do certain things to increase your chances of survival and success in the dynamic and cutthroat foodservice industry. Read on for your guidance. 


Perform a Thorough Market and Customer Research 

Study the competition. Develop an effective solution to current problems that are not adequately addressed. Know where the existing solutions fall short and fill the gap. Identify concrete action steps on how you will go about building and sustaining the brand. Plan for the future to safeguard your business when the profits are low and in times of emergency.  


Build an Emergency Fund 

There will be days when you would not earn as much. Many businesses close down because of their inability to overcome financial challenges. Set aside an emergency fund and grow it by saving as much as you can. It is also best to avoid spending on things you do not need.  


Deliver Great Customer Service 

This can help you earn and retain loyal customers. It feels good to be valued. Make your customers feel that you are not only after their money. Serve great food. Train your staff to be attentive, polite, and organised, among others. Ask for feedback from your clients and heed constructive criticisms. Keep your space clean at all times. Go the extra mile whenever possible.  


Dare to Think Big 

Consider expanding your services. Seek professional assistance when exploring your options of a restaurant for sale. This can help you make an informed decision when you finally buy business Australia that can complement your current offerings. For personalised advice on this matter, you may send us your concerns by phone: 03 9226 9222, fax: 03 9078 6315 or email: 


Keep Going 

Help your customers create great memories while enjoying the good food you serve. Build a comfortable venue that will serve as a backdrop of the fun memories they can cherish for a lifetime. Hire and train the staff that will support your visions and help achieve your goals. Offer generous servings of sumptuous dishes that make not just the stomach full, but the heart as well. Then reach for new heights as you expand not just your menu, but your brand and skill set too. 

Confidentiality Agreement

In Consideration of the Vendor of the subject business, or any other business introduced to the Proposed Purchaser and their agent National Brokers Network (“the agent”) providing information to the Prospective Purchaser, the Prospective Purchaser agrees:

1. To keep all information provided confidential in respect to the subject business and any other business introduced to the Prospective Purchaser by the Agent.
2. That no information is to be disclosed by the Prospective Purchaser to any third party without consent by the Agent;
3. That it will not use for themselves. Or for others benefit, such information other than to Purchase the subject business or other business introduced by the Agent;
4. That any agreement to purchase the whole or portion of the business shall be exclusively through the Agent;
5. To immediately return to the Agent all such information and other details in written form including any drawings and any copies made of written information, notes, summaries or extracts of any document therefor if any when requested by the Agent;
6. Under no circumstances will the Prospective Purchaser make direct contact with the vendor of the subject business or other introduced business without the prior written consent of the Agent;
7. If the Prospective Purchaser breaches this agreement or buys the business direct from the Vendor, the Prospective purchaser is liable to and indemnifies the Agent for any and all losses the agent may incur including economic loss and loss of income.v

Client Signature (Sign on the box below)