Restauranteering is a dream career for many people. If you’re passionate about food, sometimes the best way to engage in your passion is by serving quality food to other people. Starting and running a restaurant is a fantastic business idea that can be very lucrative if handled with care.
Before you start, keep in mind that a restaurant isn’t the easiest business to open. Unlike some small business ideas which require minimal investment, a lot of costs are involved in opening a restaurant. You’ll need the right premises, equipment for cooking and a lot of staff. However, the results can be very rewarding. Here are some of the keys to opening your own restaurant.
When opening a restaurant, it’s best to open big. Starting a restaurant brand from scratch will involve a lot of marketing to bring it to people’s attention. It can be hard to make a name for yourself, especially in such a competitive industry.
One of the best ways to get into the restaurant industry is to be a franchisee. This involves opening a restaurant for an already established franchise. This makes attracting customers much easier. Many food and restaurant businesses offer franchising opportunities, for example, see Frannet franchise sales.
Although you’ll still have to do many things yourself, franchising can help in many ways. You won’t have to slave as much over marketing to get your restaurant recognized. Most franchisors will also give you resources to help get your business off the ground.
Finding The Right Premises
The location you choose is important for a successful restaurant. You’ll want to find a building big enough to accommodate a kitchen as well as plenty of seating. At the same time, you don’t want it to be in the middle of nowhere.
Opening in a busy area is essential for having a successful restaurant. You may want to open in a prominent business area where many people will be passing for lunch. Another idea is to have your restaurant in a tourist spot where a lot of people visit.
When you have the right building, make sure to equip it well. You’ll need industrial kitchen equipment. It’s also worth having an interior decorator make the dining area look great for customers. Make sure to get plenty of tables and chairs. You might also want features such as a bar or kids playground.
You’ll need to put a lot of work into recruiting, as many people are required for a successful restaurant. First of all, a range of experienced chefs and cooks will be needed to prepare your food. You’ll also want janitors and kitchen porters to help with cleaning.
Hire the right amount of servers and receptionists for the size of your restaurant. You’ll want to make sure it’s well-staffed during busy times. As well as full-time employees, a lot of restaurants hire students. Students are more willing to take on flexible late-night shifts, so you can call them at times you need extra staff.
You can advertise for your positions online. However, when hiring a lot of people, you might be better served by using a recruitment agency.