The Corona Effect on the Restaurant Industry

 The Corona Effect on the Restaurant Industry

Restaurants across the country are scrambling to respond as the coronavirus spreads. 



“With limited cash flows, how do we keep the kitchen fires in the homes of our employees and marginal suppliers burning is a question that does not have an immediate answer. We have sought deferment and concessions from all tax authorities, statutory bodies and financial institutions so that our limited cash flows are deployed towards more humane cause. We have met with some success on this. We are seeking similar relief from our landlords. However, if the COVID-19 spread is not controlled soon and lockdown continues for a while, we may not be left with enough resources to combat the problem despite our genuine and honest intent. 

However, even if business picks up, the damage could be long-lasting. “The present situation is all about surviving this pandemic with the least amount of casualties. As restaurateurs, we are looking at how to give wages to our staff so as they can meet their daily expenses. Once businesses re-open, the second stage of revival will pose many challenges, unseen and unimagined. For instance, decreased manpower, lack of money, a fall in demand, government and supplier dues, and higher fixed costs of rentals. Many businesses will not be able to survive this second stage unless all stakeholders of business, including government and landlords, provide impetus to the entrepreneurs.

THE FUTURE
TWO SIDES TO A COIN

The current crisis arising out of COVID-19 is still unfolding and restaurants are trying to prepare for what’s coming, and do what they can to protect public health. “The future looks really good as I am sure when all this ends, people will really want to go out and will value those outings at restaurants more than they did before. Usually people cut down on holidays, or shopping for expensive items, but they never compromise on going out or watching movies which are the only two good forms of entertainment in India.

CREDIT  - https://www.outlookindia.com/outlooktraveller/explore/story/70342/here-is-how-coronavirus-is-impacting-the-restaurant-industry

ABOUT US :

Mehfil Indian Cuisine is an authentic Indian restaurant in Canada. We are a teamwork of Mehfil Restaurant, which aims to promote an Indian buffet. We believe in serving our guests with a classic choice of the Indian subcontinent’s most exclusive dishes. When it comes to using condiments and flavors, our spices are hand-picked, dried, and well-grounded by the Chef. We ensure a balance in the flavors, which gives our cuisine a unique taste.

 Remind yourself that you would like to feel sat.


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