Buyer's Guide

New Restaurant Checklist

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New Restaurant Checklist: Ensuring Success Developing a business plan is key when it comes to new restaurant startup success. Restaurant owners should have a clear picture of their goals, strategies, and budgets in order to determine and allocate resources properly. Business Plan Should Include: Competitive and market research Restaurant concept/type Value proposition-determine unique attributes Restaurant name Website domain and social channels Preliminary projections for revenue and expenses Marketing plan with estimated date for opening Secure a lease or buy an existing building/ restaurant Determine parking needs File for health permits Acquire signage permits Apply for any licenses your business needs - Business license - Food service license - Liquor license ExplorH²QDQFLDORSWLRQV - Personal savings - Secure a loan - Seek investors Set up business bank accounts Acquire a business credit card Determine Financing Evaluate Locations Secure Permits & Licenses

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