Several of our restaurant & food service clients have graciously provided permission for us to share their plans with you.
A professional restaurant business plan is an important step towards launching a business in this challenging industry.
The process might be a bit difficult and time consuming, but without a proper restaurant business plan, no investor will give you the funding to open your restaurant and even if they do you'll already be off to a rough start without the right mindset.
Your restaurant business plan is what is going to map out how you plan on turning a profit from your business as well as where your restaurant fits into the saturated market and how you plan on standing out.
The investors don’t expect you to have your entire team selected at this point, but you should at least have a couple of people on board.
Use the talent you have chosen thus far to highlight the combined work experience everyone is bringing to the table.The restaurant design extends beyond aesthetics alone, and should include everything from restaurant software to kitchen equipment.The location you end up choosing for your restaurant should definitely be in line with your target market.Your investors are going to want to know how you plan to market your restaurant. Add your logo to the mock-up and choose a design that you can see yourself actually using.How will your marketing campaigns differ from what is already being done by others? If you are having trouble coming up with a menu design or don’t want to pay a designer, there are plenty of resources online to help.The key element of your sample menu though should be pricing.Your prices should reflect the cost analysis you’ve done to investors.Also include the owner’s details and a brief description of their experience.The second part of the company description should highlight the legal standing of the restaurant and outline the restaurant’s short and long term goals.An executive summary is imperative for those looking to get investors to fund their project.Instead of having to comb through the entire restaurant business plan to get all the information, they can instead just look through the executive summary.