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16th March 2016, 10:18 AM
Super Moderator
 
Join Date: May 2012
Re: Start A Restaurant Business

Hello Lokesh, opening a new restaurant can be a risky business venture, but with the right planning, financing and plenty of hard work it's definitely doable.

Decide on a Restaurant Concept
The first step in opening a new restaurant is deciding what type of restaurant it is going to be. Do you have a specific type of cuisine you plan to serve, such as Italian, French or Indian? Perhaps you want to specialize in one area, like a microbrewery and pub.

Restaurant Location
It is one of the most important step to open a resturant. It can make or break a restaurant. Location of your resturant should not be in busy area, it should be in calm place.


Resturant name
Select a restaurant name that means something. It can be a reflection of your theme or location

Write a Restaurant Business Plan
There are two important reasons you need a restaurant business plan. 1. It helps you see big fat problems in your restaurant plan, like not a big enough population base or a bad location. And 2. No bank in their right mind will finance you without one.

Financing
It is increasingly harder to get financing for a restaurant, it is not impossible. Between banks, small business agencies and private investors, financing is possible.

Apply for Licenses and Permits
Many licenses and permits take several weeks, even months to be approved. So as soon as you know you are good to go with your financing, you should start filling the paperwork.

Design the Restaurant
The design of a restaurant should be a balance between aesthetics and seating capacity, always keeping practicality in mind.

Hire Restaurant Staff
As you get closer to opening day you need to begin hiring for both the kitchen and floor. Kitchen staff, wait staff and bartenders are all integral parts of any restaurant, and you want to hire the perfect person for each position.

Restaurant Menu
A well-written restaurant menu should be both descriptive easy to read and have a clear, uncluttered layout. A few things to avoid on a restaurant menu include clip art and too many disclaimers.

Things which you need
Patience
Perseverance
High Threshold for Stress
A Sense of Humor


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