Writing a Restaurant Business Plan is one of the first things you should do if you are planning on starting your own Restaurant Business.
This type of business can be one of the most rewarding types of businesses to start because of the personal involvement you can have with this business. You can be a part of just about every aspect of your restaurant business.
You can look over the operations of the whole business...
You can be a part of the dinning area operations...
You can be a part of the bar operations...
You can be a part of the hosting operations...
You can be a part of the serving operations...
You can be a part of the catering side of this business...
Or you can simply hire some else to take care of these tasks for you...
The day to day operations of your Restaurant Business can be overwhelming, if you don't have some type of plan and system.
Starting A Restaurant Business With A Business Plan
What are the important things that you will need to know before you begin the journey of starting a restaurant?
Writing your business plan is the most important thing you will need to do before you start your restaurant business.
The business plan is the most important aspect of starting a restaurant business because it is the plan and the road map that will explain who and what your restaurant business is and where your business plans on going in the future.
You will need to decide on the type of restaurant you are planning on starting
Is your restaurant going to be a 5 star formal sit down restaurant, a theme type of restaurant, a sit down franchise restaurant, a fast food restaurant or a themed fast food restaurant?
The next thing you are going to need to choose is the location of your restaurant. Location can be the key to the right amount of targeted customers to help grow your restaurant business into a really profitable restaurant business.
Are you going to purchase an existing restaurant that has a nice flow of customers that is already in a nice location? So that you can add your own style to it and make it your own.
Are you going to buy or rent a location for your restaurant business that has never been a restaurant before, basically starting out from scratch?
Once you have chosen the location of your restaurant business, the next thing you will have to do is purchase the supplies and equipment that you will need to operate the day to day operations of your business
If this is the type of restaurant where you will have a cook and prepare the food for your customers, you will need all of the basic kitchen items, for example you will need a stove that will fit the amount of customers that you expect will visit your restaurant. You may need an industrial stove, an industrial refrigerator and a dish washer.
Don't forget about all of the cooking utensils, plates and cups you will need to help serve your customers.
As time progresses you will have a better idea about the kitchen items you will need to have for your restaurant business.
Planning and decorating the items that are in the seating area can be kind of fun figuring out how you want to decorate it. Or you can hire a professional decorator to do it for you.
You will need to figure out how many tables can fit in the seating area and you will need to make sure that everything will work well with all of the codes and regulations of the county, city or country to make sure your business is in compliance with the laws and fire codes for the building your restaurant business is located in.
Restaurant Business Plan System
A Restaurant Business Plan System is what makes a business run in an expedient manner.
You will need to create a Business System that will work for your Restaurant Business.
A Restaurant Business Plan System is the way you operate your business. This system should include a plan of operation for every aspect of your Restaurant Business.
The First System
The first part of your Business System should include how you will run the day to day operations of your Restaurant Business.
The Second System
The second part should include all of the equipment you will need to operate your Restaurant Business.
You will need a a hostess stand...
You will need tables and chairs...
You will need bar equipment and supplies...
You will need a waitress area...
You will need waitress supplies...
You will need kitchen equipment...
You will need kitchen supplies...
You will need a supply of food from you menu...
This part should also include the day to day operations and the maintenance that should be done on your equipment. This part should also include the preventive maintenance on this equipment as well.
The Third System
The third part of your business system should include your Restaurant Business menu. This is the food that you will supply to your customers.
Are you going to have a constant menu that never changes or are you going to change your menu monthly, weekly or daily?
Are you going to have food and drink specials...
These are some of the questions you will need to ask yourself before you write your Restaurant Business Plan.
The Fourth System
The fourth part of your Restaurant Business Plan System will be about the way you will deliver your menu items to your customers.
Are you going to have waitresses serve your customers?
Are you going to have your customers pick them up, or are you going to deliver?
The Fifth System
The fifth part of your Business System is that you are going to have to figure out how you are going to pay for your Restaurant Business.
Are you going to self finance it or are you going to borrow the money from your friends and family? Or are you going to use your credit cards? Are you going to obtain financing from a bank?
The Sixth System
The sixth part of your Business System is figuring out where your Restaurant Business will be located.
Are you going to rent or lease a business location? Are you going to buy a building for your business?
Before you actually start your Restaurant Business, it is best that you take time to figure out if this is the type of business for you and your future.
Starting a business can be hard work. But chances are once it is successful all of the initial planning will all have been worth while.
Writing your own Restaurant Business Plan will help you understand why you want to be in business for yourself.
It will also help you to be one step ahead on your business planning. If you don't take care of your business, who do you think will do it for you?