RESTAURANT BUSINESS?


WANT TO HAVE YOUR OWN RESTAURANT BUSINESS?













1. Get a detailed plan of what you want do because the kind of restaurant you want to run will determine your start up cost. Come up with a business plan that is professional, concise and realistic to potential investors.
2. Calculate the estimated cost of starting up your restaurant, after researching, planning and deciding, you should have an idea of how much it will cost you to start up your restaurant.
3. Funding: Quick services restaurants will require little capital than the others. It is okay to start small and expand later as you garner experience and monetary returns because growth is a continuous and steady process.

4. Choose a suitable location for your restaurant. Fast food, quick service and casual restaurants will do well in any areas but ethnic restaurant, fine dining and casual dining restaurants are suitable in high brow areas where the environment is serene, clean and akin to personal homes. See: Businesses you can do in school
5. Furnish your restaurant accordingly and make provisions for restaurant utensils and accessories, go for quality utensil that improves presentation, originality and makes dishes look appetizing.
6. Employ good chefs, experienced waiters and staff who are passionate and understand the need for optimum customer satisfaction in the sustenance of hospitality business. Your staff will determine to a large extent your ability to retain and capture new customers.
7. Create your menu and make it enticing. As a chef and lover of food art, you must have your special recipes and a variable menu at a reasonable price to establish credibility and to give your restaurant an edge over others.
Your menu is majorly what keeps your business going, ask yourself why customers should keep having meals at your restaurant?
If you can honestly answer this question then you are good and ready to build a lasting restaurant.
Make arrangement to obtain food stuff and special condiments at regular and affordable prices by locating and connecting with people who supply you at wholesale prices.
This reduces the stress of finding and purchasing some food items that may be seasonal, scarce or limited in market supply.
8. Make publicity a top priority because it won’t matter how good a chef you are or how excellent your services are if people don’t know about your place.
It doesn’t matter the kind of restaurant you choose to run, publicize at all costs. Social media platforms are excellent for quick service restaurants, I have seen bukas become famous on instagram and twitter by consistently putting out well thought out contents to boost marketing strategy and plan.
Traditional media is very suitable for fast foods, casual and fine dining restaurants but this is not a restriction. Create a website and make it available online and utilize the cheap advertising rates on the internet.
Register your business with the right government agency and make provisions for tax payments. You may the need the services of a lawyer.

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