opening a restaurant
Restaurant Pitfalls
and Profits

Opening A Restaurant


It’s Easy – (If You Know How!)

Are you planning to open a restaurant?

Congratulations – this can be one of the most profitable businesses in any market. Since you've already decided to open your restaurant, you probably already have many excellent ideas about how you want to handle the opening of your restaurant. Here are a few tips that you might find beneficial.

* Experience is important – It is certainly beneficial to work in a restaurant at different levels before opening a restaurant yourself. In this way you will understand first hand about what types of things transpire in the day-to-day affairs of running a restaurant. It is very important that you have adequate practical knowledge before opening a restaurant – in this way you will not risk loss that is often caused when only theory is involved in the planning.

* Identify your target – Before you decide about opening a restaurant, you should know what your target population is. The menu will very much differ on the basis of this target – so will the internal dιcor and ambiance. Decide whether you want your restaurant to be a hang out for students, a bar or an up-scale family restaurant. Your business plan will be based on this decision.

* Select what type of food will be served – The menu is another crucial decision you have to make before opening a restaurant. You will need to have a specialty and an overall theme. Think about what you want people to identify with your restaurant with – the best sea food, great Chinese meals, excellent local cuisine, special pizzas? This decision will create your niche in the market.

* Location – Depending upon the target you aim for you will need to look for a great location. The location to be perfect should be easily accessible, highly visible and have plenty of parking spaces.

* Budget – It is necessary to have a realistic budget drawn up that is backed up by a sound business plan. The budget is necessary for proper planning of resources and the business plan is a must if you are planning to apply for a business loan.


Unfortunately, there aren't any college courses on "How To Start A Profitable Restaurant". (And if there are, they are probably taught by someone who's never owned a restaurant!) The statistics don't lie. Most restaurants DON'T stay open a year! I got extremely frustrated seeing unsuspecting new owners lose their dreams (and their shirts). Sometimes it's just a lack of good information that causes their businesses to fail and a great amount of personal heart break!

I have written a special email report in hopes that it might stop the growing statistics of new restaurant failure. So, before you spend your hard earned money acquiring and opening your restaurant, I urge you to read my FREE report "The Restaurant Industry's Dirty Little Secrets. Get your copy of this report today click here to get your FREE report!

There are a lot of successful restauranteurs. There is a HUGE number of well meaning, hard working rookie restaurant owners who simply aren't aware of the "insider secrets" to creating a profitable restaurant. One particular event caused me to sit down and write out this information. To read more about the event click here

- Patricia Farnham (author of "Restaurant Gravy: Independent Restaurant Success Secrets Revealed")
(restaurant industry veteran, author. manager/owner/operator and restaurant enthusiast!)






More Restaurant Reading:
Why Own A Restaurant
There are many valid responses when answering the question, why own a restaurant? It may not be the easiest business market to break into but it can be very rewarding. Many ..... (click here to read the complete restaurant article.)



Today's Independent Restaurant Business Tip

for .

Have a small toolbox handy!

Many first time restaurant owners haven't considered that things break or stop working. And, of course, they always break during the busiest times.

Make sure you have an assortment of tools handy so you can "MacGyver" whatever needs to be done until you have time to fix your restaurant equipment properly. It's really hard to undo a screw with a restaurant kitchen knife!



Learn How To Become A Successful
Independent Restaurant Owner,
And Beat The Odds!


Testimonial

Hi
I thought I would take a minute and say a big THANKS!!!! I have read your story over and over and over again. It was easy to read and easy to understand. Thanks for taking the time to put everything in perspective for me. I'll keep in touch and let you know how it goes.
Thanks your biggest new fan
Jolene






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opening a restaurant