Business

Return to work plans can make some restaurant businesses successful or unsuccessful

Employers across the country are planning to return workers to the office as Covid-19 vaccination rates rise and pandemic restrictions are relaxed.

According to renowned chef Min Tsai, these decisions can have a significant impact on the sales of restaurants in companies located in the city centre or near office buildings.

“We don’t know the new normality,” Tsai said at the CNBC Small Business Playbook Conference. “Half go back to work and the other half are at home or two-thirds. Whatever it is, now that there is no one, it has a big impact on restaurants that rely on the lunch business. … it depends on happy hour and of course dinner. “

Tsai is the host and executive producer of the television cooking show “Simply Ming” and owns the Boston restaurant Blue Dragon. When the lockdown began, Tsai worked with chef Edley, more than 12 other restaurants, and Kentucky’s Distillery Maker’s Mark to work with unemployed and furled restaurants using Blue Dragon staff. We have created a meal and care package for people.

However, the Blue Dragon closed after the initiative was out of funding. The restaurant has been temporarily closed for 11 months and its future survival is still unknown.

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Its location in Boston’s Seaport district was once advantageous. Prior to the crisis, Amazon announced plans to bring thousands of jobs to the region and increase Blue Dragon’s customers. Currently, the location of the restaurant can be responsible, depending on how local employees return to the office.

“It was last year and was actually the next 12-18 months. I don’t know what will happen in that area and in so many areas across the country,” Tsai told CNBC’s Kate Rogers. It was.

According to a survey conducted by Arizona State University with the support of the Rockefeller Foundation, 66% of employers plan to allow employees to work full-time at home until 2021. Goldman Sachs and the New York Stock Exchange are one of the employers who are calling. Workers return to the office sooner.

According to the survey results, 73% of employers will provide flexible work arrangements at the end of the pandemic. However, the majority of respondents still want to have employees in the office at least 20 hours a week.

Return to work plans can make some restaurant businesses successful or unsuccessful

Source link Return to work plans can make some restaurant businesses successful or unsuccessful

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