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Restaurant Pitfalls and Profits |
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Open a Cafe
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If you dream of that cozy little café on the corner enticing visitors to come inside, it may not be as far off as you think. Making the decision to open a café is not an overnight choice. A lot of thought and planning must go into any business undertaking. Mapping out a complete and thorough business plan is always your first action.
A business plan will allow for a greater description of your café. If there is a certain theme or style you wish to apply to the café it will need to be expressed in as much detail as possible. Investors and business partners want to see that you have clearly thought out all aspects and possess a strong vision. The choice to purchase or lease your structure will come in here as well. There are pros and cons to each so you need to know what will be most beneficial to your situation. A lease is often easier to obtain and does not leave you with a building to sell if the café isn’t successful.
When selecting your location, choices should be based on your chosen target market. For example, some may open a café on the side of the highway because their chosen consumer is the travellers and truck drivers. Alternatively, you will also find cafes in quiet neighborhoods where they are accessible by foot as well as car. Location plays a huge role in deciding who will walk through your door with money in hand.
You want to be careful when planning your menu that you are as original as possible. A pre-baked donut can be purchased anywhere but home baked goods fresh from the oven may have an advantage. These are things you need to take into consideration when planning. When you are ready to open a café, effective preparation and planning will carry you through.
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Most new restaurants close their doors within the first year. That is a horrific statistic. Too many hard working individuals are losing their money, and their dreams, due to a lack of specific information.
If you are thinking about opening your own restaurant, or struggling to make your current restaurant profitable, please read this FREE report: "The Restaurant Industry's
Dirty Little Secrets.
One particular restaurant failure caused me to write down this information. I knew there was just one or two things I could have told those rookie owners that would have made a difference. Unfortunately, I didn't get the chance. To read more about that incident, click here
- Patricia Farnham (author of "Restaurant Gravy:
Independent Restaurant Success
Secrets Revealed")
(restaurant industry veteran, owner/operator/trainer/manager, author and restaurant enthusiast!)
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Today's Independent Restaurant Business Tip
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for
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Before opening to the public make sure you test your restaurant with ALL the equipment running.
It is not uncommon for there to be electrical issues when all the equipment is running. Your Grand Opening is a terrible time to find out that you can't have the meat slicer going at the same time as the toaster! If you have made changes to your kitchen, try testing the electrical capacity of the renovated space.
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Learn How To Become A Successful
Independent Restaurant Owner, And Beat The Odds!
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Testimonial
Patricia
Thank you for your help. I now feel I have the necessary information to beat the odds and make money with my new restaurant. I have bought and read many books on this subject as I put my plan together. No other writer has come close to helping me the way your did. You are obviously a very compassionate person.
God Bless You for sharing your knowledge in this way
Helen Jury
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