Experience Level: Internship
Your Most Important Steps Before Thinking About Opening Your Restaurant
Before you start spending on decor and equipment and say, 'We're opening,'
There are a few steps that, if done correctly from the start, can save you a lot of money and mistakes after operation.
1. Do a feasibility study
Not just papers and numbers
Know who you will sell to
What will you sell
And for how much
And who is your competitor
And what is your cost
And how much sales you need to reach the break-even point
And how much liquidity you will need until the project stands on its feet
2. Before establishing from scratch, see if the same activity is available for takeover
You might find a ready-made restaurant with its equipment, licenses, and tools at a lower price than the cost of starting everything from scratch
But don't buy just because the price is attractive
Evaluate the opportunity first and know why the owner is selling
3. If you are renting, get a medium rent
Don't go for the highest rent to say the location is excellent
Nor go for the cheapest rent and discover that no customer will come to you
Look for a location that serves your activity and your customer, and its rent can be afforded by the project
4. Start marketing before opening
Don't wait until you open and then ask
Why don't people know about the restaurant?
Start introducing yourself to people before opening
Photos
Products
Project idea
Your competitive advantage
Opening date
And opening offers
Because the decor will prepare the restaurant
But marketing is what will let people know that the restaurant exists
Beit Al المطاعم (Restaurant House) is happy to assist you from establishment to operation to development.