Surviving Hard Economic Times
In these hard economic times shops and businesses everywhere are struggling to survive. One enterprising fellow who owns a restaurant in Barcelona was hit just as badly due to the recession, plus the winter season and he was struggling to survive.
He hit on an idea which could either make, or break him but he went ahead and did it. He put on a daily special where customers could simply name their own price.
The owner Eledino Garcia introduced this pay what you want menu three weeks ago to encourage back his customers , many who had lost their jobs as Spains unemployment soared.
He claims the idea is working and his takings have gone up, which means with the holiday season on the brink of starting he will survive this hard winter and remain open for business.
Does this give you any ideas about your own business ? maybe with times so bad you should reduce fees or find equally interesting ways to encourage your own clientel to carry on.