If your home is the one everyone wants to be invited to to watch major sporting events, it may not only be because you have the biggest tv. You are probably also famous for tasty finger foods and a refrigerator stocked with the best home brews in the area. It may come to you that the same friends who chow down on your free food might also be willing to pay for it. You don't want to rush into a restaurant business that specializes in buffalo wings Portland natives will devour without some serious thought however.
You need to scour the neighborhood and check out the competition you will have. There is nothing wrong with sitting down to try out the cuisine, evaluate the decor and make notes about the staff. You can use your friends to help you research how feasible it is to open another casual dining establishment in your community.
You'll have to decide if you want to offer your customers eat in, carry out, or both. A carry out operation is the least expensive to open, but if you are contemplating having a bar, you will need to offer both. You will have to scout out what properties are available in the best locations. There has to be good parking. You want to be where the people are, so opening close to a college or sports arena would be good choices.
Starting a restaurant is not cheap. You have to buy state of the art kitchen equipment, linens, and other supplies. If you can find a restaurateur who's relocating or retiring, you might be able to buy good used equipment at a reasonable price. You could even purchase the business as an ongoing enterprise and tailor it to meet your needs.
If that is out of the question, you'll have to create a detailed business plan and take it to a local lender. Buying a franchise is always a possibility, but that involves using their marketing and recipes instead of creating your own. If you decide to strike out on your own, there is no shame in starting small and expanding.
Even starting small is going to require a staff of some sort. This is especially true when you plan on doing most of the cooking. You will need wait people, someone to check customers out, and a crew to clean up. You are looking for hard workers who share your vision for the restaurant.
You are going to need permits and licenses. You must get a business license from the city and a food permit from the health department. You will need to discuss your insurance needs with your local agent to make sure you are covered for all the things that might go wrong.
Your menu is going to distinguish you from the competition. You can enlist your friends to test the secret sauces that go into your offerings. They can tell you whether or not your customers will be impressed enough to return.
You need to scour the neighborhood and check out the competition you will have. There is nothing wrong with sitting down to try out the cuisine, evaluate the decor and make notes about the staff. You can use your friends to help you research how feasible it is to open another casual dining establishment in your community.
You'll have to decide if you want to offer your customers eat in, carry out, or both. A carry out operation is the least expensive to open, but if you are contemplating having a bar, you will need to offer both. You will have to scout out what properties are available in the best locations. There has to be good parking. You want to be where the people are, so opening close to a college or sports arena would be good choices.
Starting a restaurant is not cheap. You have to buy state of the art kitchen equipment, linens, and other supplies. If you can find a restaurateur who's relocating or retiring, you might be able to buy good used equipment at a reasonable price. You could even purchase the business as an ongoing enterprise and tailor it to meet your needs.
If that is out of the question, you'll have to create a detailed business plan and take it to a local lender. Buying a franchise is always a possibility, but that involves using their marketing and recipes instead of creating your own. If you decide to strike out on your own, there is no shame in starting small and expanding.
Even starting small is going to require a staff of some sort. This is especially true when you plan on doing most of the cooking. You will need wait people, someone to check customers out, and a crew to clean up. You are looking for hard workers who share your vision for the restaurant.
You are going to need permits and licenses. You must get a business license from the city and a food permit from the health department. You will need to discuss your insurance needs with your local agent to make sure you are covered for all the things that might go wrong.
Your menu is going to distinguish you from the competition. You can enlist your friends to test the secret sauces that go into your offerings. They can tell you whether or not your customers will be impressed enough to return.
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