Restaurant Business Plan

As a doctoral candidate, professional business consultant, and business plan writer, I am often asked by aspiring and seasoned entrepreneurs alike, "What is the first step for starting a restaurant business or expanding a current restaurant operation?". When I first started out as a business consultant, I would explain to my client their place in the entrepreneurial process. I then support this analysis with proven academic and practicing business theory, along with recommending specific steps to take to start or expand their restaurant operations.After going through this process time and time again with restaurant entrepreneurs, it dawned on me that the first step I ALWAYS recommend is writing a business plan.Unfortunately, most restaurant entrepreneurs do not know how to write a professionally polished and structured restaurant business plan. Hell, most owners don't know how to write any type of business plan at all. From this issue, I decided to write this book focused on a ten-step process to writing a well-structured restaurant business plan. The restaurant business plan writing steps include all aspects of the business plan writing process, beginning with developing the executive summary through constructing a professional and polished funding request. In each step, I introduce you to a different restaurant business plan section. I then explain in layman's terms what the section means, offer a restaurant-specific business plan sample, and analyze the sample to help you understand the component. The objective of this detailed process is to ensure full understanding of each section and segment, with the goal of you being able to write a professional restaurant business plan for yourself, by yourself! IF you still need help writing your restaurant business plan, at the end of the book, I ALSO supply you with a professionally written sample restaurant business plan AND a restaurant business plan template for you to use. On a final note, to put the cherry on top, I have conducted and included preliminary restaurant market research for you to use in your personalized plans!In the end, I am supremely confident that this book, with the numerous tools and tips for restaurant business plan writing, will help you develop your coveted restaurant business plan in a timely fashion.

Starting a business is always tough - especially in the food industry, and particularly for restaurant businesses. Among other things, you'll have to please a discerning clientele (who will post reviews online before they could finish their meals), deal with fresh produce and other perishables (that have shelf-lives always too short), and keep in line a likely-diverse kitchen staff (whose attitudes tend to clash). Another proof that the restaurant business is tough: around half of all restaurant ventures fold-up in losses. This is, of course, due to varying reasons - although the complications that restaurant owners face are more or less the same. So is starting a restaurant even a viable prospect these days? Or are restaurant start-ups doomed to fail? The answer: Restaurant businesses are not all doomed to fail, and starting one can be a worthwhile endeavor. After all, every man and woman alive still need to eat. This means there will always be potential clientele that your restaurant can feed and profit from. The important question then is, how can you successfully start a restaurant and produce a steady (and healthy) profit? That's exactly what this book will show you how to do. I'm going to guide you through all the preparation and steps you need to take to launch a restaurant business and get positive returns within the year. I'll walk you through the essentials of starting a business including how to get funding, how to hire the right people, how to develop a menu, as well as what traps to avoid to make sure your restaurant remains successful. Let's get started!

Do You Want to Start a Restaurant? This book explains step-by-step how to set up your business plan for your own café, restaurant or bar from scratch. It is written understandably and requires practically no specialist knowledge. You can immediately apply the presented know-how in each chapter and write down your own ideas, figures and data directly in the book. This book will transform itself from a guide to your personal business plan. Page by page, your idea is gaining more and more shape, so that you can finally bring it to life successfully. Five principles will help you to build a stable foundation and to minimize the risks associated with starting a restaurant business: Know the guest Create an irresistible offer Know the location Calculate everything Build systems Even if you can create your business plan with just pen and paper, there is still a useful Excel tool for downloading. It allows you to improve and optimize your budget quickly and easily. Grab this handy helper and start making your dream come true!

Book & CD-ROM. Restaurants are one of the most frequently started small businesses, yet have one of the highest failure rates. A business plan precisely defines your business, identifies your goals, and serves as your firm's resume. The basic components include a current and proforma balance sheet, an income statement, and a cash flow analysis. It helps you allocate resources properly, handle unforeseen complications, and make good business decisions. Because it provides specific and organised information about your company and how you will repay borrowed money, a good business plan is a crucial part of any loan application. Additionally, it informs personnel, suppliers, and others about your operations and goals. Despite the critical importance of a business plan, many entrepreneurs drag their feet when it comes to preparing a written document. They argue that their marketplace changes too fast for a business plan to be useful or that they just don't have enough time. But just as a builder won't begin construction without a blueprint, eager business owners shouldn't rush into new ventures without a business plan. The CD-ROM will cover the following subjects: Elements of a Business Plan, Cover sheet ,Statement of purpose, The Business, Description of The Restaurant, Marketing, Competition, Operating procedures, Personnel, Business insurance, Financial Data, Loan applications, Capital equipment and supply list, Balance sheet, Breakeven analysis, Pro-forma income projections (profit & loss statements), Three-year summary, Detail by month, first year, Detail by quarters, second and third years, Assumptions upon which projections were based, Pro-forma cash flow, Supporting Documents, For franchised businesses, a copy of franchise contract and all, supporting documents provided by the franchisor, Copy of proposed lease or purchase agreement for building space, Copy of licenses and other legal documents, Copy of resumes of all principals, Copies of letters of intent from suppliers, etc. A new study from The Ohio State University has found the restaurant industry failure rate between 1996 and 1999 to be between 57-61 percent over three years. Don't be a statistic on the wrong side, plan now for success with this new book and CD-Rom package.

This one-stop guide to opening a restaurant from an accountant-turned-restaurateur shows aspiring proprietors how to succeed in the crucial first year and beyond. The majority of restaurants fail, and those that succeed happened upon that mysterious X factor, right? Wrong! Roger Fields--money-guy, restaurant owner, and restaurant consultant--shows how eateries can get past that challenging first year and keep diners coming back for more. The only restaurant start-up guide written by a certified accountant, this book gives readers an edge when making key decisions about funding, location, hiring, menu-making, number-crunching, and turning a profit--complete with sample sales forecasts and operating budgets. This updated edition also includes strategies for capitalizing on the latest food, drink, and technology trends. Opening a restaurant isn't easy, but this realistic dreamer's guide helps set the table for lasting success.

An in-depth and Comprehensive Restaurant Business Plan. The Complete Practical Format illustrating very detailed financial information ideal for benchmarking, appraisal and evaluation. This thorough practical Business Plan has strong Market and Market Research analysis as well as sound Operational guidelines. Using actual facts and a real example, this Business Plan illustrates all the essentials of creating and evaluating a great Business Plan for Restaurateurs, Investor communication and Student Study guides. With over 30 illustrations, tables, figures and diagrams, 'Restaurant Business Plan: The Complete Practical Format' is quick and easy to reference, digest, analyse and apply for long lasting results.

The perfect package for Entrepreneurs and Business ownerslooking to obtain Bank, Investor Funding or a Solid path toSucceed in Business. If you plan to Start your own company or you are already running one, NextIQ Business Planning is The Answer to GetFunded and Expand your business! We will provide you with a Complete Business Plan in Microsoft Word and Excel format…the kind that investors and banks want to see. Follow a widely accepted and expected format & flow including all relevant financial terminology collated by professionals with more than 25 years of experience in the Business Planning Consulting Serviceindustry. Why plan your business today?: A comprehensive and sustainable business plan IS A MUST for your business tosucceed. Much depends on it: outside funding, credit from suppliers, management & personal operation/finances, promotion & marketing of your business, strategy to achieve goals and objectives. NO software: Simply replace the generic business name, locations, and dates with your own specific plan details. All the information is in Word and Excel, in a professional format for easy and clear printing. Our packages offer Simples walk-through steps to outline the major issues that you need to know to complete a sustainable andsolid business plan to successfully get funded including: How much will the start-up cost of my project? How much Inventory should be necessary? What will it cost to launch the business? How much will the website for my business? How much will the additional services cost? How much will be spent on marketing? What's the best time to launch? How profitable will I be, and when? Which key financial indicators should I include? And several others… You can create a winning business plan with no major knowledge in financial writing and business terminology, in less than 5 Hours! Documented research adds creditability to your plan... The included analysis is written based upon current sources in your industry. Use your computer's word processor to turn this business plan into your own. Once you have finished editing, print your plan and insert it into the three ring binder for a professional presentation Financial Pro Forma Spreadsheet (Microsoft Excel) Your investor will love it! The Financial Statement Template is a tremendous time-saver for business plan writers. The Template is an Excel file that includes 4 years of monthly Income Statement, Balance Sheet, and Cash Flow projections. Each group of monthly statements includes an annual summary formatted with presentation quality so that they can be appended directly to your plan or copied and pasted into it. The plan Financial Statement Template is not just a nice format - it's much more. All of theformulas and calculations have been set up for you so that you have to enter only a small number of variables to generate a complete set of financial projections. In addition to the Financial Statements, the Template offers you 10 individual worksheets you can use to work out the details of your financial plan. There are separate worksheets for Sales,Cost of Goods Sold, Staffing, Depreciation, and Loan Payments. Why choose our Business Plan? Running or starting a business is a complex process and involves different tasks that need to be accomplished in a suitable time and manner to get the success desired. We propose you absorb the knowledge of our top consultants to create a professional and realistic business plan to present to your future partner or investor. We are 100% confident that we can help you and your new business for 10 simple reasons: Business experience: We used our 20+ years of business experience to create this unique business plan and have tirelessly and continuously tested and refined everything in the kit to perfect it. Professional expertise: Our team’s background includes expertise from several industries to ensure a solid path to your success. We also have expertise in strategic pricing, business development, and competitive and market development for sales & marketing.We’ve been in your shoes: Our team of consultants have successfully started and run their own businesses using these methods. We know what works and can help you to develop a successful path for your business.Complete roadmap: Everything you need to make informed decisions about your new business venture is covered.Proven methodology: We relentlessly "split test" new applications to find out what works and what doesn't. Other firms' methodologies are based on theory, while ours is based on real-life business – we’ve tested and proved it in the trenches.Ready to print: Our plan is formatted in letter size and ready to print with a fully professional look and feel.Multicurrency Support: Our Excel spreadsheet, support all currencies, and are updated with the latest financials models.Industry Specifics: Each business Plan package, has been made following actual business trends with updatedreal market analysis information.Cost effective and easy to develop: We compete at the top level with top branded business plans. They can neither beat our price nor simplistic and straightforward completion.5000+ Positive Feedback: Left by our Customer on our business plan products on ebay!Immediate delivery: Upon payment, you will receive the full documents in CD Formar via Regutal Mail - The Key Topics covered in full are: 1.0 Executive Summary 1.1 Objectives 1.2 Mission 1.3 Keys to Success2.0 Company Overview 2.1 Company Ownership 2.2 Start-Up Summary 2.3 Company Locations and Facilities3.0 Services 3.1 Competitive Comparison 3.2 Sales Literature 3.3 Technology 3.4 Future Services4.0 Market Analysis 4.1 Target Market Segment Strategy 4.2 Business Analysis /4.2.1 Business Participants 4.2.2 Industry Overview /Marketing Overview. 5.0 Marketing 5.1 Marketing Strategy 5.2 Pricing Strategy 5.23 Sales Strategy 5.4 Sales Forecast/Sales Monthly 5.5Sales Programs 5.36 Milestones 6.0 Management 6.1 Organizational Structure 6.2 Management Team 6.3 Management Team Gaps 6.4 Personnel Plan /Personnel 7.0 Financial Plan 7.1 Important Assumptions 7.2 Key Financial Indicators 7.3 Break-even Analysis 7.4 Projected Profit and Loss 7.5 Projected Cash Flow 7.6 Projected Balance Sheet 7.7 Business Ratios8.0 Financial charts 8.1 Pie 8.2 pie II 8.3 Pie III We provide you with the following onetime service: Immediate Mail Delivery he with full Word document and Excel source files to modify as you wish in CD Formar. All the .doc/.xls in a compressed ZIP file to allow easy transfer. Fully compatible with PC/MAC. Documents are ready to print (30+ pages). More than 10 unique Excel templates which are easy to modify and contain full colour charts. Full dictionary included with key business and financial terminology for business planning. FREE SHIPPING WORLDWIDE. The purchase price is the ONLY fee you pay for getting the documents. Payment must be made within 3 days of auction closing via Paypal. Contact must be made within 24 hours of auction closing. This ad is protected by copyright © and trademark™ laws under U.S. and international law. All rights reserved. NextIQ Inc. Designated trademarks and brands are the property of their respective owners.

How to Start, Run & Grow a Successful Restaurant Business A Lean Startup Guide Let's start your restaurant legacy right now, right here! National chains and single independent restaurants all started with an individual and an idea. A concept. A dream. Small ideas can grow into big business. Who would have thought that a guy with a milkshake machine could start a hamburger empire? A pizza made in a garage would start today's pizza wars? A guy with a pressure-cooker would start a fried chicken phenomena? Business ownership has always been part of the all-American dream. Restaurants are the largest entrepreneurial opportunity in America for starting the dream. According to Restaraut.org, the industry stands as follows: $799 billion: Restaurant industry sales. 1 million+: Restaurant locations in the United States. 14.7 million: Restaurant industry employees. 1.6 million: New restaurant jobs created by the year 2027. 10%: Restaurant workforce as part of the overall U.S. workforce. 9 in 10: Restaurant managers who started at entry level. 8 in 10: Restaurant owners who started their industry careers in entry-level positions. 9 in 10: Restaurants with fewer than 50 employees. 7 in 10: Restaurants that are single-unit operations. In this book, you will realize why your concept and theme are critical. Factors to include in a business plan. How to start your restaurant, how to grow and how to be successful. It is a detail guide that will guide you through the process. After Reading You Will Know: How To Develop A Concept That Will Fly The WHAT and WHY factors 5 Types Of Restaurants And Their Variations Popular QSR Franchises And Their Costs How And Where To Find A Restaurant To Buy Or Lease What Legal Structure You Will Need For Your Business How To Comply With Uncle Sam Costs To Open A Restaurant Writing The Right Business Plan How To Get A Bank To Finance Your Restaurant How To Find And Hire The Right Staffing Restaurant Menu Development POS System, Accounting And Bookkeeping Marketing Development Grand Opening Steps The Keys To Success Few Important Statistics You Should Know About Appendix - A Full Restaurant Business Plan Is Included Appendix -B A Sample Personal Financial Statement Is Included This is about time you make your longtime dream of opening your own restaurant a reality. It's not as hard as you think. Remember opportunities are being taken by someone every day, waiting another day means you are passing up another opportunity. Good Luck!