If your home is the one everyone wants to be invited to to watch major sporting events, it may not only be because you have the biggest tv. You are probably also famous for tasty finger foods and a refrigerator stocked with the best home brews in the area. It may come to you that the same friends who chow down on your free food might also be willing to pay for it. You don't want to rush into a restaurant business that specializes in buffalo wings Portland natives will devour without some serious thought however.
You need to scour the neighborhood and check out the competition you will have. There is nothing wrong with sitting down to try out the cuisine, evaluate the decor and make notes about the staff. You can use your friends to help you research how feasible it is to open another casual dining establishment in your community.
You'll need make decisions about the type of restaurant you want to run. It could be eat in or carry out or a combination of the two. If you plan on offering alcoholic beverages, you might want to offer both. A good location will be central to your success. You must offer plenty of parking. You will need to be in a high traffic area, so something convenient to a sports venue or college campus would be ideal.
Opening a restaurant is not a cheap enterprise. You'll need state of the art equipment and supplies. You might consider negotiating with a restaurant owner who is retiring or relocating. It might be possible to buy an existing business and rework it to suit your needs.
You always have the option of taking out a business loan. For that you need a business plan detailed enough to suit the lender. A franchise is another option. If you decide on this plan, you will have limited opportunities to create your own menus and decor.
You probably won't be able to manage the business all on your own. Hiring staff is something you will have to consider. You might not need much in the way of staff in the beginning. You should hire people who are willing to work and will listen to the vision you have for the business. If you're the one doing the cooking, you will need people to wait, check out, and clean up.
You are going to need permits and licenses. You must get a business license from the city and a food permit from the health department. You will need to discuss your insurance needs with your local agent to make sure you are covered for all the things that might go wrong.
Your menu is going to distinguish you from the competition. You can enlist your friends to test the secret sauces that go into your offerings. They can tell you whether or not your customers will be impressed enough to return.
You need to scour the neighborhood and check out the competition you will have. There is nothing wrong with sitting down to try out the cuisine, evaluate the decor and make notes about the staff. You can use your friends to help you research how feasible it is to open another casual dining establishment in your community.
You'll need make decisions about the type of restaurant you want to run. It could be eat in or carry out or a combination of the two. If you plan on offering alcoholic beverages, you might want to offer both. A good location will be central to your success. You must offer plenty of parking. You will need to be in a high traffic area, so something convenient to a sports venue or college campus would be ideal.
Opening a restaurant is not a cheap enterprise. You'll need state of the art equipment and supplies. You might consider negotiating with a restaurant owner who is retiring or relocating. It might be possible to buy an existing business and rework it to suit your needs.
You always have the option of taking out a business loan. For that you need a business plan detailed enough to suit the lender. A franchise is another option. If you decide on this plan, you will have limited opportunities to create your own menus and decor.
You probably won't be able to manage the business all on your own. Hiring staff is something you will have to consider. You might not need much in the way of staff in the beginning. You should hire people who are willing to work and will listen to the vision you have for the business. If you're the one doing the cooking, you will need people to wait, check out, and clean up.
You are going to need permits and licenses. You must get a business license from the city and a food permit from the health department. You will need to discuss your insurance needs with your local agent to make sure you are covered for all the things that might go wrong.
Your menu is going to distinguish you from the competition. You can enlist your friends to test the secret sauces that go into your offerings. They can tell you whether or not your customers will be impressed enough to return.
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