| Owning your restaurant can be very rewarding, fun, | | | | to turn a profit until two to three years have passed. |
| and profitable. However, it can also be the exact | | | | In order to help yourself be as successful as possible, |
| opposite - disappointing, grueling, and costly. In order to | | | | you should make a very detailed business plan. This |
| give yourself the best chance of succeeding, you need | | | | plan needs to include everything from how you plan to |
| to start your own restaurant the right way. To do that | | | | run your business to how you plan to make money |
| you need to make sure you have enough money and | | | | and attract customers. Your mentor should be able to |
| you also need to have a thorough business plan. | | | | give you a lot of help with making a business plan. |
| The first thing you need to do once you decide you | | | | Again, you want it to be very specific and include |
| definitely want to start your own restaurant is to find a | | | | everything right down to what food you want to serve |
| mentor. You want a mentor who owns one or more | | | | and how you want to serve it. Basically anything and |
| restaurants that have been successful for quite some | | | | everything should be in your business plan. Then when |
| time. This mentor should be willing to help you. That | | | | you have it all finished your mentor should approve it |
| way your mentor can help you put together your | | | | or suggest changes that need to be made. |
| business plan and will also be able to help you know | | | | If you are looking to start your own restaurant then |
| how much money you're going to need to make a | | | | you don't want to do it on your own. You want to find |
| successful go of it with your restaurant. | | | | a mentor - someone who has been very successful in |
| Usually it takes an average of about one hundred | | | | the restaurant business - who will help you get |
| thousand dollars to three hundred thousand dollars just | | | | everything started and then continue to help you for a |
| to get your restaurant off the ground and running, and | | | | couple more years. This mentor should be someone |
| if it's a smaller type of restaurant or eatery such as | | | | you get along well with and someone who is more |
| fish and chips shop then it would probably costs | | | | than willing to help you every step along the way. |
| around fifty thousand to start running. That includes | | | | Once you have your mentor in place, then you can go |
| everything from acquiring the proper licenses all the | | | | ahead and make a detailed business plan and you can |
| way to buying the china and silverware for eating. But | | | | also figure out how much money it will cost you to |
| beyond that initial cost you also have to plan to lose | | | | start the restaurant and then keep the restaurant |
| money (or perhaps barely break even) for the first | | | | going for a couple years. With a mentor and a good |
| two or three years. Sure, sometimes a restaurant hits | | | | plan in place, you should be able to make your |
| it big right away but usually a restaurant doesn't start | | | | restaurant rewarding, fun, and profitable. |