1. Work in or volunteer in a similar restaurant like the one you want to open. In doing this, you will be able to menu development, restaurant marketing, payroll and many other important elements of the food business.
2. Determine your target market. What type of crowd do you want to cater? Is it teenagers, family or seniors? Determining your target customers before you begin planning will help you organize your menu and will help establish your dcor, atmosphere and location of your business.
3. Pick out a food concept and style of service. Generally, your service style can be fast-food, offering fries, burgers, sandwiches and hotdogs; mid-scale offering value-priced full course meals; or upscale, providing high-class ambiance with full service meals with higher prices. Get up to $200,000 to “move” your existing business. US Government Grants for USA Citizens. Claim your FREE $79 Gov Grant book!
4. Develop your business plan. Again, see the chapter on preparing your business plan but make sure the plan includes:
-> Your restaurants general concept and objective;
-> Detailed financial projections and information; your menu and...