Creating A Business Plan For A Restaurant
In fact, the rise in popularity of to-go operations underscores some clear trends in the food-service industry.More and more singles, working parents and elderly people are demanding greater convenience when it comes to buying their meals.It's more like a "work hard and make a living" industry.A hard reality is that many restaurants fail during their first year, frequently due to a lack of planning.But that doesn't mean your food-service business has to be an extremely complex operation.
If you're anticipating a family-style steakhouse (based on the name or the décor of the establishment), but you find yourself in a more formal environment with a bewildering--and pricey--gourmet menu, the surprise may keep you from enjoying the restaurant.
They offer full meals but charge prices that customers perceive as providing good value.
Midscale restaurants offer a range of limited- and full-service options.
Paul Mangiamele, president and CEO of Bennigan’s, says, “Although we all love it, this business is very difficult.
It’s a wonderful business, a great business, a satisfying business. But there are a thousand moving parts, and you need to be knowledgeable of all of them.” To help you get started, we've compiled this thorough, but easy-to-digest, guide to starting your own food business.