Opening the first restaurant is difficult, and while you may think that things will be easier the second time around, that’s not always true. You need to have a robust expansion strategy that allows for growth of your business.
There's a lot to consider.
Consultants offer that extra hand, guidance and expertise that a business needs to find success. And in the restaurant business, there are restaurant consultants that can mentor your restaurant to success.
Every restaurant is different, and the reason a restaurant needs a consultant will also be different. Some hire restaurant consulting firms to help them grow their business. Others hire them to market the business, add new dishes or figure out how to get out of their comfort zone.
A business may be doing well, but if it’s not growing, it’s not time to be comfortable.
You have a great idea for your first restaurant, and you have experience (ideal for anyone looking to start a restaurant). But, like most businesses just starting out, you don’t have the money to fund your startup.
Chances are, your idea may sound great, your business plan may be impeccable, but restaurant financing is difficult.
You’re ready to pour your blood, sweat and tears into your restaurant start-up, but you’re worried that things may not go as smoothly as you had hoped. About 17% of restaurants will close in their first year, but in many cases, the owners made mistakes that could have been avoided.
If you’re thinking of starting up a food truck business, you’re entering a thriving industry. Not only are there over 4,000 food trucks in the United States, but people are flocking to food trucks for everything from tacos to ice cream and even breakfast sandwiches.
The food truck business is the happy medium between going out to a restaurant and getting fast food.
We're going to explain everything it takes to get into the food truck business, from food truck equipment to writing a business plan for a food truck and costs and profits.
Food trucks need to have financing and a place to start their operations. A good place to start is to create your own food truck business plan. New business owners, or aspiring owners, very rarely realize that business plans are for more than financing.
Imagine running your own successful takeout restaurant. Your dreams can become a reality if you know where to start and the right moves to make.
Yes, there will be challenges, but these can be overcome if you have a guide - or a plan - to follow. First, you need to understand what it takes to succeed with a takeout restaurant. Next, you'll need to know which supplies will be needed and how to create a menu that drives more sales.
It’s no surprise that many restaurants are now offering to-go and delivery options to customers in their area. Takeout can add to your restaurant's bottom line and expand your customer base, but it can also drain your cash flow and increase your overhead. To make a take out restaurant successful, you need a good strategy.
"I want to open a coffee shop". You've said it a million times. Now you're ready to make your dream a reality. The question is: How do you get started?
Opening a business of any kind requires a great deal of research and preparation. But most importantly - it requires you to take action on those plans.
It's easy to get bogged down by the details. Having a blueprint or roadmap to follow can help you stay on the track to success.
Planning and designing your coffee shop is the fun part. The not-so-fun but crucial part of launching your business is the legal stuff. If you hope to keep your doors open, you will need to abide by local regulations and obtain the appropriate licenses and permits.
Regulations will largely vary from city to city, state to state. However, there are some general requirements that virtually all coffee shops will need to meet regardless of where they're located.
