Many a business deal have been signed over a good meal and a glass of wine. When business contacts meet up at a restaurant the whole atmosphere is completely different from what you will find in a board room or an office.
You can relax while still being focused on the goals you want to accomplish with the deal. Good food gives you the time to pause between negotiations and not just react. The atmosphere is warm and inviting, encouraging both parties to make compromises to walk away happy.
Restaurants also make a great place to have staff meetings without the confines of the office. Treating your staff to a five star meal is also a good way to show your appreciation on top of that you get to patronize another local business. It’s a win-win situation for everyone.