5 Ways Restaurants Can Survive CoronaVirus & Recession (URGENT) | Small Business Tips 2021
Channel: Wilson K Lee - How To Open A Restaurant / F&B Shop
Date: 2020-03-05

Look around the news and you'll see we're in a dark time right now. Crazy disease outbreak, brink of economic global recession...and restaurants have it tough.

*disclaimer* I'm not a medical professional or economist. For most accurate information please refer to the CDC and WHO. 
https://www.cdc.gov/
https://www.who.int/

This video was filmed March 2 2020

As much as I don't want to add to the fear and panic that is going on...I feel the need to help provide some insight for restaurant owners and restaurant management about what's to come. 

Currently, Chinese restaurants around the globe has reported as much as 70% drop in sales due to the pandemic. At this moment, North America has only seen two dozen or so cases. But that's going to rise for sure. 

Although Asian restaurants will get the initial brunt of the effect (people afraid of going out to eat), it will spill over to all restaurants and all businesses. That's because a virus knows no border and no skin colour. This means YOU need to be prepared when more and more people are fearful of going out to eat. 

From looking at the situation in China and South Korea, I've compiled 5 ways that restaurants can survive the recession and disease. 

I encourage you to take this video seriously if you run a restaurant, want to open a restaurant, operate a food business, or small business. 

📚 RESOURCES

🛠 Community & Tools
[EQUIPMENT] Tools & software I recommend using - 
https://learnnow.wilsonklee.com/toolsYT
[MARKETING] Learn marketing tricks that McDonalds & Starbucks use - https://gumroad.com/a/691410035?utm_content=wilsonklee

 
ABOUT WILSON: 
I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success. 

My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (https://720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through. If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them. 

I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. You don’t have to take my word for it. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member. 

Subscribe to see what everyone’s talking about and learn how you can achieve the same life-changing results. 

Find more great resources, check out https://www.wilsonklee.com/

CONNECT WITH WILSON: 
Instagram: https://www.instagram.com/wilsonklee/
Facebook: https://www.facebook.com/WilsonKingLee/
Collabs/Sponsorship: hello@wilsonklee.com
Send items to: 18th Floor 450 SW Marine Drive, Vancouver BC V5X0C3 Canada 

#wilsonklee #restaurantowner #restaurantmanagement