Are you willing to let the entire city know your financial information? How about sharing everything that goes on behind closed doors? If not, I ask you to think long and hard and write down every reason why not. Answer the question: What am I trying to hide?
If you have something to hide from the public that you are serving – now is the time to make amends and fix the issues before they become a problem. If you do not have anything to hide, there is no better way to gain the trust of your current and potential customers, than by sharing that information openly and honestly.
For example: publish your profits in the local newspaper, make a flyer to give to customers with a detailed explanation on your pricing structure. People like to know where their money is going and that the prices they are paying are justified. A restaurant with cameras on the line and televisions in the dining area will ensure people that none of the “Kitchen horror stories” are happening to their food.