There's more to open a restaurant, only with a love for cooking. Before you for your time and resources, there are difficult questions, you should ask your success will make your company:
- What are the skills that you bring with you in possession? For example, you have no experience in running a restaurant at all? Or cook more than a hobby in the first place? Maybe you're the one who has the managerial skillsnecessary to effectively manage employees, including hiring, firing, and labor issues, such as the motivation of its employees. Maybe you're the only one who has the necessary capital to start, but no real experience in other areas. It 'time to sit and a highly critical assessment of skills and strengths you bring to the table.
- Do you have enough resources to keep you at home and at work for the first two years, you run? Experts estimateOver three quarters of all restaurants fail because of lack of proper planning and realistic, and for two years is how long you can reasonably expect profits to your restaurant before the owner can see how employees begin to work against them.
A portion of the costs, it Should be considered are the appropriate property and liability insurance (including fire, accident and claimed compensation of employees) to cover the first two years,costs of boarding your lawyer, accountant, etc., where wages for all employees, may need to take, the chances of exploitation, including telephone and kitchen / cooling fuel. Other costs were an advertising budget, and a cushion of 20% compared to that calculated that the monthly food budget to offset market fluctuations because of scarcity, and so on.
- You and your family for the great amount of time, you must go to pay, are readyallows your business a success? As the owner of the restaurant, you must rely on the first and last, if you have almost no leisure time, time with family or medical leave within the first two years operations. They are also, to give if you need a personal crisis and the urgency to produce, since it does not touch the unit fails to grip, and so on.
Time spent away from loved ones can be stressful for youand if it does not completely behind your vision, or do not have realistic expectations and understand how much time and attention may be required to first come out.
These questions are not as dire as the left does not have dreams, but you need to have a realistic understanding of the nature of skills required to integrate their energy and scale of costs can be in front of your restaurant orderEfforts a success.
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