Do you know how much each customer is worth to your Restaurant?
Are you a little fuzzy on your Restaurant numbers?
The answer to this question plays an important part in whether you will grow your business.
I would say this one of the business concepts every business owner needs to get their heads around.
I know it's a big claim.
Let me explain.
When you know how much every customer is worth to you, then this changes the growth dynamics of any business.
This question forms the basis of Customer Lifetime Value Concept (CLV). Or as some people call it the Lifetime Customer Value (LCV)
