If you like to cook and people rave about your homemade lasagna, BBQ ribs or seafood jambalaya, perhaps you’ve thought about opening a restaurant. Running a restaurant takes more than good food, though that’s an important factor of success. It also needs someone who’s detail-minded, customer-oriented and contains business sense. Find out more about beginning a restaurant before you make a decision to commit your time and capital.
With 58% of American adults eating out at least once each week, the restaurant business continues to thrive. Beginning a restaurant requires a whole lot of work, however with expert planning, you can begin a successful restaurant business.
How to Begin a Restaurant
Launching a restaurant needs juggling many moving parts and can feel like a challenging undertaking. But the process is a more manageable effort when broken. If you’re interested in how to start a restaurant, we have created an 11-step guide to navigate you through the procedure.
If you haven’t decided where your restaurant will be found, visit the web site of each Chamber of Commerce in every city you are thinking about. Also, stop by the official city website. There might be economic development incentives to start a new business in a specific place.
Marketing information can be found through various regional sources to help you determine the quantities of possible customers near your proposed site and their demographic characteristics. Check with banks for neighborhood economic projections and figures. Call local magazine and newspaper advertising departments to get information on readers. Look in these publications for a restaurant roundup department or comparable listing of restaurants. The book’s offices will tell you that the demographics of their subscribers, as well as the cost to market of course. If you are thinking about locating in a strip center or shopping mall, the leasing representative will have advice on who stores there and people would be your future customers.
Check with your country and city business development offices to see whether they supply business planning assistance, seminars or programs.
Restaurants require a business license of course, but can also be subject to kitchen safety and health inspections and require a resale license. You might also require special licenses or licenses for waste control, garbage pickup and parking. The Chamber of Commerce has particular information available on which you will need it.
Local Restaurant Institutions
Much of the information is provided to members as one of the benefits of joining but you ought to be able to find restaurant industry info, sellers, government links and news that is of interest to you locally. Some institutions are developed for cuisine certain restaurants so hunt for those too.
The National Restaurant Association keeps you updated about what’s going on nationwide in the industry such as the impact of national laws. No membership is required to read the most recent information on the website.
The library has books on starting and running a restaurant. Larger libraries have periodicals and books as well. Joining a town or county library is completely free. Some university libraries are open to the public to browse through the piles however require a membership to take materials home.