Unmissable Survival tips for F&B businesses amid covid-19 from our risk management consultant.
Survive the Covid-19 crisis in the UAE F&B Industry
According to a Gulf News report, as many as 50 percent of Dubai’s
registered f & b outlets are unlikely to be in business over the short term.
Restrictions will continue and dining out still requires abiding by strict
guidelines and social distancing
The truth is that food businesses that reopen under these strict limitations
will likely barely generate enough income to cover overhead costs
What is to be done?
Akhilesh Bahl is a hospitality and food & beverage business consultant who
has lived and worked in the UAE for over 15 years. He weighs in on how
the sector can survive the crisis.
Though, as of May 27th, the UAE government has officially opened hotels,
restaurants, and cafes, which means it’s a critical moment for these
ventures and their survival.
Business Mitigation on the agenda
“With the lockdown and restrictions on movement instituted early on
during the spread of the virus, the restaurant industry was hit hard due to
a lack of footfalls,” says Akhilesh.
Akhilesh anticipates that it will be a long time before we return to what
was our pre-corona normal or, rather, a new normal that emerges. He
urges that the only way to survive these extremely challenging times is to
employ alternative measures to attract clientele.
Customer Engagement
“Call your customers and connect directly through all modes of
communication. Use social media, WhatsApp, text messages, email,
Instagram, Facebook Messenger and LinkedIn to tell patrons what you are
offering and how you can get it across to them.
He also recommends to participate in community forums to directly
interact with customers and audiences.
Social Distancing
Even with restrictions lifting, there is an overwhelming urge to be cautious.
From now until the end of the year, people will be wary when dining out. Those
who do, will critically observe social distancing measures in effect. It will take little
to lose customer patronage, so businesses need to be extra vigilant.
All those involved should be trained on health measures, as well as observe strict
adherence to social distancing protocols.
Connect with our certified business coaches for advice.
When you’re a hospitality or F&B business owner, remember that a
strategic, mapped out plan to reopen will build customer confidence. You
might want to hire risk management consultants, business consultants or
financial advisory consultants to get over these difficult times.
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Read up more about Surviving the F & B Crisis during Covid 19
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