10 Checklists to Start the Restaurant from the Scratch
Many people dream of having their restaurant up and running. New restaurants open every day. Statistics reveal about 10,608 new US restaurants opened in 2023. It means there is fierce competition out there.
People are dining out more than ever now. According to a study, the average American dines out thrice a month and orders takeout or delivery 4.5 times a month. If opening a restaurant crosses your mind, this is a good time. This article introduces you to the 10 checklists to start the restaurant to set you on the right path.
Given the risk of failure involved, possessing strong entrepreneurial skills to survive is a must. Here, we have outlined 10 checklists to start the restaurant for a steady kick-off.
Know Your Restaurant Theme, Mission and Vision
A consistent theme woven into every aspect of your business helps your restaurant stand out. It should reflect in your restaurant’s name, design, and decor. Also, do not forget to define the mission and vision of the restaurant business to set the right tone.
Create a Clear and Detailed Business Plan
Your business plan lays the base of how you do business. Write an executive summary and company description for clarity from the beginning. Be sure to research the industry, location, and target market. Also, define your food safety plan, sample menu, management strategy, and financial plan.
Find Reliable Funding Options
Find out how much it will cost to open your restaurant and its operational costs. On that basis, you can search for an investor or get a small business loan. Make sure to figure out when you’ll start making a profit and how much money you need.
Get Licenses and Permits
The next point on our 10 checklists to start the restaurant is to apply for the necessary licenses and permits. You need many licenses to run a restaurant. It may include a liquor license, food handler’s permits, etc. Also, learn about the food safety regulations in your area to maintain.
Register the Restaurant
The next step is to register your restaurant with the IRS to receive your Employer Identification Number (EIN). You can also trademark your restaurant’s name and logo.
Select the Right Location
A restaurant’s location can be a game-changer. So, consider checking the visibility and foot traffic in the area to find your ideal place.
Find the Right Tech and Tools
The next step on the 10 checklists to start the restaurant is to get the right tools. Kitchen equipment, restaurant billing software, decor, and dining furniture are some key things you may need.
Hire the Right Staff
Consider how much staff you’ll need to run the restaurant efficiently. Be sure to hire a team that works well together. They must also share the same enthusiasm as yours, matching the restaurant’s vision.
Create an Enticing Menu
A menu is an essential attraction of any restaurant. Create a menu that lowers food costs and boosts your profits. Take help from the chief chef before finalizing your menu.
Plan for Marketing
The last step of our 10 checklists to start the restaurant is having a marketing plan. Create a strategy to build awareness, find new customers, and turn them into regulars. From social media to hosting a soft opening to create a buzz, think about how to reach and attract customers.
Ending Thoughts
Opening a restaurant is challenging. And once you open the restaurant, it takes hard work and team effort to turn it into a successful business. Our 10 checklists to start the restaurant will give you a headway to make your dream a reality.
It is also crucial to choose the right tech for your restaurant. Restaurant billing software like QPOS can make all the difference in how you handle your operations. It also ensures real-time updates and upgrades. Power your business with this powerful restaurant billing software to create a positive dining experience.
