Exploring the Business Landscape and Challenges in Establishing a Restaurant in Finland
Biswash, Md. Toriqul Islam (2024)
2024
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Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:amk-2024060822364
https://urn.fi/URN:NBN:fi:amk-2024060822364
Tiivistelmä
The research examines Finland's restaurant industry, focusing on customer preferences, market conditions, and entrepreneurial strategies. It assesses current and future prospects, providing strategic insights for owners, policymakers, and stakeholders. The study uses qualitative methods, including semi-structured interviews with restaurant owners, for in-depth data collection.
The research underscores the necessity for restaurants to adjust to changing patron preferences, such as healthier menu items, environmental consciousness, and customized experiences, while also stressing the significance of technology integration for optimal operational efficacy.
The restaurant business in Finland exhibits resilience and adaptation in the face of labor shortages and supply chain interruptions. Using technology, building relationships with the community, and putting sustainability projects into action are some strategic suggestions for growth.
Using the PESTEL and Porter's Five Forces frameworks, this research offers a comprehensive market analysis that will help the Finnish restaurant industry make informed decisions and ensure the long-term viability of their operations.
The research underscores the necessity for restaurants to adjust to changing patron preferences, such as healthier menu items, environmental consciousness, and customized experiences, while also stressing the significance of technology integration for optimal operational efficacy.
The restaurant business in Finland exhibits resilience and adaptation in the face of labor shortages and supply chain interruptions. Using technology, building relationships with the community, and putting sustainability projects into action are some strategic suggestions for growth.
Using the PESTEL and Porter's Five Forces frameworks, this research offers a comprehensive market analysis that will help the Finnish restaurant industry make informed decisions and ensure the long-term viability of their operations.