Decide

If a person wants to start a new restaurant individually then the person need to make a decision on what type the restaurant needs to be opened. The next most important decision would be if it’s a small restaurant or a large restaurant.

If the person wishes to open both the types of restaurants, they should know about advantages and disadvantages associated with it. It’s good to start a small restaurant than to have a large restaurant at first.

Starting a small restaurant

The greatest advantage here is the initial investment cost, which happen to be less. Because the size of the actual restaurant and everything that goes together with it can be a smaller and fewer than when starting a large restaurant, the initial strain is less.

Writing the business plan

The business plan includes the clear definition of the restaurant’s concept, a description of the market, the menu and pricing, detailed financial information, including data on the start up capital, employee hiring, training and retention programs and the detail plan that deals with the challenges.

Suggestions to raise the start up funds

The person’s individual resources.
Family and friends.
Partners.
Government programs.

How to decide the location:
•    Expected sales volume
•    Convenience of the customers
•    The rent paying capacity of the business.
•    Limited Ordinances
•    Careful examination of food traffic.
•    Customer parking facilities.
•    Distance to additional business.
•    Future development.

Creating a menu

Though the menu variety has increased over the years, consumers also don’t want to read the lengthy menu before dinner. Keeping the number of items and menu descriptions simple and straightforward, customers have their choice laid out in precise format.

Tips to help in finding and keeping the right people

•    Hire right
•    Create detailed job descriptions.
•    Understand wage and hour and Child labor laws
•    Report tips properly.
•    Provide initial and on going training.
•    Hire the manager who has prior experience with restaurant management.
•    Probably three chefs and cooks will be needed for two full-time and one part-time.
•    Servers do the interaction of the customers, so they need to make a favorable impression and work under pressure.

Marketing and Promoting

The main step in creating a complete marketing package is to know the market. One cheap and easy way to promote the food service business is by giving away gift certificates such as dinner for two, coffee and bagels for 10, or a free pizza. Some other promotional methods that can be to try including local event or sporting team sponsorships, discount coupon books, frequent-dining clubs, menu promotions and contests.