RESTAURANT EXAMPLE PLAN

MY BUSINESS PLAN FOR A FINE DINING RESTAURANT

COLTON ANDERSON

GOODS AND SERVICES

• AS A RESTAURANT, IT WILL PRIMARILY FOCUS ON FINER DINING, LARGE PORTIONS, AND EXCELLENT CUISINE

• I WANT TO HAVE AN ITALIAN- RESTAURANT THAT FOCUSES MAINLY ON ACTUAL RECIPES FROM ITALY AND NOT AMERICANIZED FOOD

• WILL NEED A WAIT STAFF AND COOK STAFF TO SERVICE OVER 100 PEOPLE AT A TIME

• WE WILL NEED TO FIND A FOOD SERVICE DEDICATED TO THE FRESHEST INGREDIENTS EVEN AT A HIGH PRICE.

ANDERSON ITALIAN

• I WOULD LIKE TO OWN THIS RESTAURANT BY MY SELF

• THE ADVANTAGES TO OWNING A RESTAURANT BY YOURSELF. LOW START UPS, EASY TO BECOME A BUSINESS, AND NOT HAVING TO WORK WITH OTHERS TO START UP, ONLY MARKET AND HIRE EMPLOYEES

• SOME NEGATIVES EXIST THOUGH. IT TAKES A LOT OF EFFORT TO START A BUSINESS BY YOURSELF, CAPITAL AND TIME.

MY LOCATION2,600 SQUARE-FEET

ABOUT $68 DOLLARS A SQUARE FOOT, OR $179,000

AT 179,000 DOLLARS, FOR 15 YEARS, THAT IS 11,933 DOLLARS A YEAR

RESOURCES

Capital goods

Inventory Natural resources

Workers

Kitchen Machines

Bread Lighting, big windows, open seating

Cook staff large enough to rotate on busy days

Dishes Meat Large, family oriented tables

Wait staff large enough to do the same

Silverware Dairy More than one dishwasher to rotate on busy days

Dish Washer Fountain Machines

Hostesses to seat people, so waiters don’t have to .

Grills, ovens, cooking aids, containers

Coolers, freezers

A LOAN WILL BE NEEDED FROM A BANK UNTIL THE RESTAURANT BREAKS EVEN

LEGALITY

• LICENSES

• BUSINESS LICENSE

• FOOD LICENSE

• LIQUOR LICENSE

• WILL NEED LIABILITIES FOR WORKERS, AND PATRONS

• WILL NEED BUILDING INSURANCE

• THIS WILL MOST LIKELY BE OVER A THOUSAND A MONTH IN JUST LEGAL FEES

DEMOGRAPHIC

• MAINLY GOING TO CATER TO FAMILIES,

• ANOTHER GOOD WAY TO PULL IN BUSINESS WOULD BE TO HOLD POKER TOURNAMENTS TO BRING IN REVENUE

• LOCATED IN AN AREA OF MIDDLE CLASS AMERICAS WHO WANT GOOD FOOD, AND BIG PORTIONS

COMPETITION

• MY COMPETITORS WOULD BE HUGE, CORPORATIONS, OTHER SOLE PROPRIETORSHIPS, AND PARTNERSHIPS.

• COMPETITORS LIKE, CHILI’S, OTHER ITALIAN RESTAURANTS, RESTAURANTS LIKE MOE’S, OR OTHER FAST FOOD.