The future 15 restaurants in Colombia.
Who is doing things right? And it can be a company with a future in this changing market. This is the most difficult question that I have been asked this year because the Colombian market today is a new beast with teeth very different from those it had 5 or 10 years ago and making any prediction is to take out the crystal ball to make it shine. But knowing that the same store sales have fallen, traffic has been weak for the past two years, competition has intensified, the cost of leasing on the premises is through the roof, higher taxes, the labor cost has risen, some Consumers simply do not enter if they do not have a discount coupon, costs of remodeling premises, new technologies and high rates of deliveries charged by third parties. The initial question is more valid than ever because what we really want to know is which value proposition is better prepared for this new market and that if it is not an exercise in speculation that I am interested in doing. The first thing in my approach is to make clear that my concept is a response biased by my experience as a […]