How to Start a Restaurant Business in 10 Steps
How to Start a Restaurant Business in 10 Steps

Author: Paul Borosky MBA

Publisher: Independently Published

Published: 2020-02-13

Total Pages: 133

ISBN-13:

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As a doctoral candidate, adjunct finance professor, professional business consultant, and business plan writer, I am often asked by aspiring and seasoned restaurant entrepreneurs alike, "How do I start a restaurant?"When I first started out as a business consultant, I would explain to my client, their business status, in terms of the entrepreneurial process, support this analysis with proven academic and practicing business theory, and recommend complex strategic actions for them to take to identify and surmount their next entrepreneurial step. After being met with a glazed-over stare, time and again, it dawned on me that most people don't understand the entrepreneurial process... Duh, right.From this, I took some time to reflect on the entrepreneurial process, or how an entrepreneur starts a restaurant, from start to finish. Surprisingly, for the most part, a successful restaurant may be started by following 10 crazy-simple steps. From this revelation, I designed a step-by-step process for aspiring and seasoned entrepreneurs to follow when starting a restaurant.Needless to say, when I started to apply this strategy, blank stares turned into lightbulbs.With this said, I now would like to share with you my secret sauce. In this book, I outline ten sequential steps that should be completed to create a solid foundation for starting your restaurant. Hopefully, by following the steps in this book, you will be able to better understand and employ the needed entrepreneurial actions for starting a successful restaurant.

How to Start, Run & Grow a Successful Restaurant Business
How to Start, Run & Grow a Successful Restaurant Business

Author: Tim Hoffman

Publisher: Createspace Independent Publishing Platform

Published: 2017-09-29

Total Pages: 270

ISBN-13: 9781977806161

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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!

Starting a Small Restaurant
Starting a Small Restaurant

Author: Daniel Miller

Publisher: Harvard Common Press

Published: 2006

Total Pages: 264

ISBN-13: 9781558322868

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The classic book on the subject, first published in 1978, is now revised and updated for the 21st century entrepreneur! This book covers it all-from selecting a location and creating a business plan to managing employees and controlling inventory, and everything in between. It's the perfect book for the armchair dreamer or the go-getter who has the energy and capital to make it happen.

The Mom Test
The Mom Test

Author: Rob Fitzpatrick

Publisher: Robfitz Ltd

Published: 2013-10-09

Total Pages: 130

ISBN-13: 1492180742

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The Mom Test is a quick, practical guide that will save you time, money, and heartbreak. They say you shouldn't ask your mom whether your business is a good idea, because she loves you and will lie to you. This is technically true, but it misses the point. You shouldn't ask anyone if your business is a good idea. It's a bad question and everyone will lie to you at least a little . As a matter of fact, it's not their responsibility to tell you the truth. It's your responsibility to find it and it's worth doing right . Talking to customers is one of the foundational skills of both Customer Development and Lean Startup. We all know we're supposed to do it, but nobody seems willing to admit that it's easy to screw up and hard to do right. This book is going to show you how customer conversations go wrong and how you can do better.

Restaurant Business Start-up Guide
Restaurant Business Start-up Guide

Author: Paul Daniels

Publisher:

Published: 2002

Total Pages: 244

ISBN-13: 9781582911038

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Master the essentials needed to start a restaurant. Features proffesional advice, sample business plan, revenue forecasting, organization tips, financial advice, location selection, leasing tips, negotiation tips, business checklist, and more!

Restaurant Success by the Numbers, Second Edition
Restaurant Success by the Numbers, Second Edition

Author: Roger Fields

Publisher: Ten Speed Press

Published: 2014-07-15

Total Pages: 322

ISBN-13: 1607745593

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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.

Restaurant Business Plan
Restaurant Business Plan

Author: Cory Sutherland

Publisher:

Published: 2015-02-13

Total Pages: 40

ISBN-13: 9781530338924

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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!

How to Open Your Own Restaurant
How to Open Your Own Restaurant

Author: Richard Ware

Publisher: Penguin Group

Published: 1984

Total Pages: 218

ISBN-13: 9780140147896

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Do restaurants make you think of tempting dishes served in a cozy, intimate setting? Or fine dining in elegant surroundings? It takes a lot more than culinary skill and appealing ambience to open a restaurant. In this invaluable guide, coomplete with charts, facts, and figures, Richrd Ware and James Rudnick draw upon years of successful experience to tell you everything you need to know about: Money: How much you need to start up; how to find sources for funding; step-by-step plans for forecasting expenses; what you should know about the hidden costs Location: How to research the competition; whether to seek a residential or commercial setting; how to build a customer profile; revealing case studies and critiques Design and Operation: Floor plans and seating; constructing; inventory; twenty steps to opening Hiring: How to find the experts; free advice as well as professional assistance; how to establish rules for your day-to-day staff; when to use advertising. Don't even think about starting a restaurant without first reading How to Open Your Own Restaurant

101 Restaurant Secrets
101 Restaurant Secrets

Author: Ross Boardman

Publisher: eBookIt.com

Published: 2012-10

Total Pages: 213

ISBN-13: 1456610481

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This book is about the business of being in the restaurant businesses. Most restaurants fail within the first three year. During tough times, many will not reach the first year. Nearly all the reasons they fail are down to a few areas that the owner neglects to find out about. If you want to get into the restaurant business and learn the key skills to keep you there, read on . . .

Restaurant Startup: A Practical Guide (3rd Edition)
Restaurant Startup: A Practical Guide (3rd Edition)

Author: Ravi Wazir

Publisher: Ravi Wazir

Published: 2015-03-01

Total Pages: 353

ISBN-13: 1508445583

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Do you dream of starting your own restaurant? Venturing into the restaurant business is the popular choice of many prospective entrepreneurs today. Yet of all the eateries cropping up at a rapid pace, only a few survive! The 3rd Edition includes two new chapters, more articles and several other updates. Discover how to manage risks associated with the business and make well informed choices for your startup. * If you simply wish to get a reality check on the trade, use this book as a primer. * If you are a serious entrepreneur looking to realise your restaurant dream, this book will help you develop a roadmap. * If you are a hospitality student or academician keen to revisit your understanding, this book will serve as a reference source. I have packed in information on the nuts and bolts of the restaurant industry as well as techniques to handle money, marketing, manpower and operational issues. I have shared proven techniques and strategies honed by hospitality professionals over decades, many of which I've used when conceptualizing and developing several food businesses. Whether you are a businessman with no knowledge of restaurants, a practising professional or an industry student, this book will help you avoid painful mistakes and do it right the first time....