How do you start a restaurant franchise opportunity?

Answer 1

To start your own restaurant franchise, you will need to first note that you will have to invest a lot of money into your franchise. Then you can purchase part of an already existing franchise to start off.

Answer 2

1. Identify the area you wish the busines to operate.

2.Undertake a business plan and identify what opportunities there are i..e population, threats i.e. otehr food selling environments that will directly compete and those selling "other" food styles that will also compete

3. Identify how much business competits or have across a week and season

4.Identify the size of business (seated custom) you wish to handle (this is very important)

5.Identify premisies and their location and establish how customer will ge to the business this include public and priavte transport

6.seek out local licencing requirements for food preperation, alchohol and any other operational licences that might be required.

7.Establish kitchen and front of house costs for setting up equipment plus the suppliers and installers of this eqiuipment and ensure that time scales for each is established. This incudes EPOS systems, cutlary, glassware, cookingware, uniforms, tables /chairs, fire/firstaid equipment, Bar-ware, all toilet ware and cleaning materials across the business.

8. Identify through local employment agencies availabiliy of staffing to the skills level required especially in the food style you intend offering - high employment areas will make recruitment difficult.

9. establish banking paying in and also potential loans - a bank will want to see a good business plan before it decides if you are worth risking funds on.

10. legal and insurance costs - have legal eople check over contratcs including employment

11. Utilities need to be checked i.e. fuels and water - costs associated with these

12. Suppliers - arrange purchasing and supply and further arrange a credit limit (normally 30 days)

13. Advertising - arrange pre opening announcements once a date has been agreed and the buiness will be ready to function

14 on going advertising

15. Costs of menus/covers

16. initial traiining of staff costs - they will not be ready to open by just taking someone even with previous experience

17. Run a food trial day(s) where kitchen staff produce the menu - Taste test it and check staff know what to tell cusomers about it.

Answer 3

You can open a fast food restaurant by buying or starting a franchise. These franchises are often restaurants that have been opened up for you.