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Jan 19, 2024 · 1. Choose a Restaurant Concept. A restaurant concept is the central idea or theme that defines your restaurant. It serves as the foundation for what your business will be and should be reflected in every aspect of your restaurant, from the decor to the menu to the overall ambiance.
- Pick a niche. There are a wide variety of eateries out there in the world, and it takes lots of different skills to keep them running smoothly. As you look around your own little corner of the universe, what cuisine, service, or convenience do you see as missing?
- Write your business plan. In the same way that recipes give you a roadmap to create an excellent dish, your restaurant business plan is the recipe you’ll follow to make your business a success.
- Choose your restaurant's name and legal structure. If you plan to use a unique name for your restaurant, go ahead and file your “doing business as” (DBA) name with your state’s agency, as this will keep you from losing your name idea to another business.
- Get a tax identification number for your restaurant. Also known as your employer identification number (EIN for short), this number helps the IRS keep track of your business for tax purposes.
Opening a successful restaurant requires having a strong business plan, understanding the local market, finding the right location and staff, obtaining permits and your business license,...
13 mins read. OpenTable. Opening a restaurant is a dream for many aspiring entrepreneurs and food lovers alike, but it’s also a complex venture that requires careful planning and execution. With this guide, we walk you through the key steps to turn your restaurant dream into a successful reality.
BLOG. How To Start a Restaurant. Restaurant365. Opening a restaurant requires not just a love for great food and deep industry knowledge, but a keen understanding of many areas of operations, marketing, and finance. This article walks through the many plans, checklists, and strategies to consider when opening a restaurant.
Dec 4, 2023 · Ultimately, the type of restaurant you choose to open will depend on your interests and business goals. It’s important to carefully consider your options and choose a concept that aligns with your vision for your restaurant. 1. Creating a Solid Business Plan
May 17, 2019 · The 13 steps to opening and starting a restaurant are: Prep. Choose a Restaurant Concept. Research the Market. Find the Right Location. Conduct a Feasibility Study. Cook. Obtain Funding. Write a Restaurant Business Plan. Obtain Permits and Licenses. Create a Menu. Plate. Design the Floor Plan Layout. Source the Equipment. Build out the Bar. Serve.
