A concise business plan outlines all the necessary things for entrepreneurs when putting up a new restaurant. Yet, other documents must be produced to ensure the feasibility and success of your restaurant business’s grand opening. We don’t want to mess up our first year of operation, do we? That is why restaurant owners or restaurant managers turn to various restaurant startup checklists for assistance. Some of these may include lists pertinent to activities like opening and closing checklists, cleaning checklists, and kitchen sanitation checklists. Others are related to more technical aspects, such as budget income and expenses checklists, restaurant safety checklists, restaurant inventory checklists, and restaurant maintenance checklists.
As luck would have it, most of these checklists are included in our list of examples! Not to mention the most important checklist that must never be forgotten, which is the bathroom checklist for restaurants, is in it too! Read more about them below!
Checklists are preformatted documents that are used to organize important objects or tasks. According to MyDataScope, these papers have been drafted to decrease the likeliness of errors, guarantee consistency, and thoroughness in fulfilling a duty. At the same time, PDCA Home defined them as outlines for repetitive hustle and bustles, for the verification of speculations, and organized data gathering. Now, we know how overwhelming it is to open up a new restaurant. Besides thinking about what you need to put into consideration, you also have to ensure that they are prepared, checked, or collected perfectly. With the checklists’ definitions presented, it goes without saying that they play a very important role in the undertaking.
Grand openings are one of the very exciting moments for entrepreneurs. They serve as golden opportunities to make good first impressions on their respective markets. However, not all of these activities turned out successful. Some of them even go down in flames. A good example of this situation is the bad-to-worst official debut of Disneyland on July 17, 1995. Due to ticket imitations, the 15,000 expected guests showed up doubled on the day of the opening. The complication made a domino effect from traffic jams to gas leakage. So to avoid experiencing such a fiasco, you should thoroughly conduct safety risk assessments, qualitative and quantitative risk analysis, as well as job risk assessments.
As mentioned above, you have to be sure that all necessary things must be taken into consideration when making a checklist. But, the question lies whether you know what these necessary things are or not. To save you time from researching what a startup restaurant would need to cover on its checklist, we are more than happy to present you with our outline below.
Every business starts as an idea. So, your restaurant should start the same way too. But not just any idea, it has to be distinctive, trendy, and smart. And, one way of instilling those attributes is to base it from business reports of notable restaurants on your market or articles on industry trends or both.
Business is war, and the market is your battlefield. For you to triumph against your competitors, you have to learn what their strengths and weaknesses are. The best way of doing so is to conduct a competitive analysis of your market. Just like a SWOT analysis, it also lets you identify the competitor’s opportunities and threats besides the strengths and weaknesses. The only difference is that you also take into account your business concept’s internal and external factors.
Restaurant locations are very important. They are one of the factors that affect the decision-making of restaurant customers. Once you already have a list of good locations, consider making a feasibility analysis. The feasibility reports will be a good reference in choosing between your listed candidates.
Never forget to create your company business plan. It is the most important process document. Moreover, it details the complete areas of any business, from the planning phase to the maintaining phase.
A business needs a large amount of capital. In line with that fact, not all entrepreneurs are capable of funding their business ideas. This is why it’s a good thing that banks, lending organizations, and investors exist. They are, most of the time, willing to fund any business idea. Just make sure to make your loan proposals or loan applications and investor proposals highly convincing.
If you are successful in getting the much-needed money for your restaurant, don’t waste time and buy all the necessary assets for your operations. These may include your workforce, equipment, and the ingredients to be added in your supply inventory.
Get ready to sign an event planner contract because you are about to for your restaurant’s grand opening. Even though you can do the planning by yourself, we think it is best to leave it to event planning professionals. Considering that such an event is a one-time opportunity, no rooms should be available for any error.
If your business venture has reached this far, then you deserve a big congratulation. You can now proceed to the next phase, which is sustainment and development. Continue your good start by commencing your marketing activities.
According to a survey by Restaurant Owner, the average cost of starting up a restaurant business is USD 425,000.
Studies show that the major factors affecting restaurant customers’ decision-making are food quality, service quality, frequency, endorsements, and ambiance.
IBISWorld revealed that there are 102, 389 chain restaurants all over the United States as of this year.
Notable French author Prince de Marcillac, François VI, Duc de La Rochefoucauld wrote the saying that goes, “To eat is a necessity, but to eat intelligently is an art.” Restaurants, in their very essence, give people equal opportunities to suffice their stomachs’ necessities and to do so in an intelligent manner. But behind the curtain of the delicious dishes, beautiful ambiance, and quality service is the art of flawless preparation brought about by checklists.