To start a restaurant, one needs to come up with a business plan to outline an efficient and cost effective way to run the restaurant which in turn can impress the loan officer as well.
The business plan template for a restaurant consists of several key headings which include Executive summary, marketing, historic analysis, organizational structure, restaurant operations, risk management and financial plan.
The template begins from the executive summary which consists of business goals, their description and formation along with their identity and philosophies. It also consists of the character, location, main objectives, directors and the management team of the restaurant. The key positioning of the restaurant along with the strategic alliances and sales summary are also under the executive summary.
The marketing portion consists of sales estimates, analysis current product mix, market analysis along with marketing goals and strategies. The pricing policies and competitive research are also to be including in the marketing section while being presented to the concerning authority. The advertisements and promotions schemes should be detailed in the plan itself.
The organizational structure should consist of management and personnel along with administrative organization and a contingency plan. The restaurant operations should also be mentioned quite clearly which include its identity, location, premises and layout.
The plan should also include a risk management section which lays out the exit strategy and risk reduction plans which might come in handy in case of bad times.
Also the financial plan should include the investment budget along with statistical data and financial projections.
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By: James Sutherland
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Here?s a picture of my country breakfast which cost me slightly uphill of , but was filling.
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This is a picture contributed to my TripAdvisor review of the Warwick Hotel. Below is the full text of that review:
After reading recent reviews including the problems w/ the security officer, I expected less. But I got a Deluxe room via "Best Rate Guaranteed" on the hotel website warwickwa.com and also felt I got the best value for money out of rooms available for Seafair 2011. I also asked for a view of the Space Needle. Also told the hotel I did not want but needed a non-smoking room due to allergies and that my bag I dropped off early in my day please be in my room. Got Room #1107 with the stuff in my room I needed, good work Warwick team!
Got to the hotel at about 5:30. Room was very clean, curtains & door to mini-balcony worked very well. View was just spectacular from the room.
However, important to note ? the Warwick puts a hold on your card for incidentials. I objected and got locked out of the TV, internet & minibar. Not that I care for the minibar and decided that a netbook was just too heavy to haul around versus a complimentary business center in the hotel to check e-mail, but would have been nice to check KING & KIRO when I got up to see the weather report for Seafair.
Did though appreciate the complimentary Wolfgang Puck coffee & AC outlet for my camera battery charger. You?ll see that in one of the pictures I submitted to this review.
Also reserved through the hotel website and a few clicks a seat at breakfast at the hotel restaurant Brasserie Margaux. The country breakfast was great value for money and helped me power through a hot and happily loud Seafair Saturday.
Oh and a word about Seattle and transportation? I am disabled w/o enough income for taxis to chaffeur me around everywhere without some mass transit help. On that note: I walked about 3 blocks 4th & Pine for a great conduit at the Westlake Sound Transit light rail station to major attractions like King Street Station, the stadiums, SeaTac Airport, the Museum of Flight, & the next Seafair in 2012. You may need a taxi connection from the light rail conduit ? I would recommend Yellow Cab of Seattle (Warwick has the #) or if you have street addresses instead of just destinations then Sitia may work out as well as a backup.
Overall, the hotel did very good. Especially the concierge, front desk & restaurant. I am already mentally planning the next trip with this as the hotel.
Room Tip: Get the best available rate from hotel website? & make sure to note NON-smoking preference
Date Taken: 2011-08-06 06:38:15
Owner: AvgeekJoe
Tags: analysis, business, cost, effective, efficient, executive, headings, historic, impress, loan, management, marketing, officer, operations, organizational, outline, plan, restaurant, risk, several, start, structure, summary, template, well
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Source: http://www.groupe-pao.com/2011/08/restaurant-business-plan-template/
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