0
You need to have capital accordingly you can choose the location and get all the paperwork ready and invest in the project.
~
You will need a business plan - This is so that investors like banks will see you've done investigation in to the potential of the business's, and competition that will effect your sales, it will expect to see initial start up costs including building, equipment, utilities, licences, legal requirement's, local trading laws, staffing and costs and special training requirements for these such as food hygiene certification. Then youll need to look for buildings, gain costs for any work to make make the building a food bsiness, find suppliers, open business accounts and gain credit accounts with them, source the furniture etc
Then approacj the investors - agree finacial terms and sign off contarcts and then start on the building to the opening date.
Vital in all this is you do in depth reseach into the cost of the supplies and the costs in the area for the food types you may wish to offer. You will not make any money if to low and if to high the customer will go to the next available business to buy their food.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
How can you get a loan for startup Restaurant business?
You can get a loan for a start-up restaurant business at a local bank or credit union.
Where can one start a business career?
One can start by buying a franchise, like a restaurant or a retail store. Or, if one has an idea or good product, they can start their own business either at home or in a location one can buy or rent.
What is the start up cost?
How much you have to pay to start a business up
What is the importance of start up costs to a business?
Start up costs need to be included in your "Business Plan" that all businesses have before starting any business.
What guides are available on how to start a small business?
'The Small Business Start-Up Workbook', written by Cheryl D. Rickman, 'Starting a Business for Dummies' by Colin Barrow and 'The Financial Times Guide to Business Start Up 2013' by Sara Williams are all well regarded business set-up guides.
How can you get a loan for startup Restaurant business?
You can get a loan for a start-up restaurant business at a local bank or credit union.
What type of license and or permit is needed to start up a small scale restaurant?
business license and food handler's permit
Where can one get information about starting up a new restaurant?
A lot of banks now offer small business advisers who can help you with the financial side of setting up a new restaurant business. As for the practical side, check universities and colleges for courses on restaurant business management.
What qualifications and training needed to be a restaurant owner?
Start out towards a degree in Business Administration.
What is the best Way To Start Up Japanese Restaurant From Scratch?
waatch beluga
As a individual seeking grant for start-up business?
As a individual seeking grant for start-up business
where can i get a small start up va business loan ?
Where can i get a small start up va business loan.
Where can one start a business career?
One can start by buying a franchise, like a restaurant or a retail store. Or, if one has an idea or good product, they can start their own business either at home or in a location one can buy or rent.
What is the start up cost?
How much you have to pay to start a business up
How can a new restaurant get start up financing?
There are many ways one might go about obtaining start up financing for a restaurant. Visiting with a counselor at the local financial institution is the most reputable option.
Is it good for a restaurant to use used equipment?
Depending on the equipment that you need for your restaurant, you may be able to buy it used and save yourself some of the start up cost. Commercial equipment is meant to last longer and if you find a new restaurant which has gone out of business you can find good used equipment for a fraction of the cost new.
What is the right business to start up in the developing country like Nepal?
A production business is the right business to start up in a developing country like Nepal.
