How to Start, Run & Grow a Successful Restaurant Business
A Lean Startup Guide
Let's start your restaurant legacy right now, right here!
National chains and single independent restaurants all started with an individual and an idea. A concept. A dream.
Small ideas can grow into big business. Who would have thought that a guy with a milkshake machine could start a hamburger empire? A pizza made in a garage would start today's pizza wars? A guy with a pressure-cooker would start a fried chicken phenomena?
Business ownership has always been part of the all-American dream. Restaurants are the largest entrepreneurial opportunity in America for starting the dream.
According to Restaraut.org, the industry stands as follows:
- $799 billion: Restaurant industry sales.
- 1 million+: Restaurant locations in the United States.
- 14.7 million: Restaurant industry employees.
- 1.6 million: New restaurant jobs created by the year 2027.
- 10%: Restaurant workforce as part of the overall U.S. workforce.
- 9 in 10: Restaurant managers who started at entry level.
- 8 in 10: Restaurant owners who started their industry careers in entry-level positions.
- 9 in 10: Restaurants with fewer than 50 employees.
- 7 in 10: Restaurants that are single-unit operations.
In this book, you will realize why your concept and theme are critical. Factors to include in a business plan. How to start your restaurant, how to grow and how to be successful. It is a detail guide that will guide you through the process.
After Reading You Will Know:
- How To Develop A Concept That Will Fly
- The WHAT and WHY factors
- 5 Types Of Restaurants And Their Variations
- Popular QSR Franchises And Their Costs
- How And Where To Find A Restaurant To Buy Or Lease
- What Legal Structure You Will Need For Your Business
- How To Comply With Uncle Sam
- Costs To Open A Restaurant
- Writing The Right Business Plan
- How To Get A Bank To Finance Your Restaurant
- How To Find And Hire The Right Staffing
- Restaurant Menu Development
- POS System, Accounting And Bookkeeping
- Marketing Development
- Grand Opening Steps
- The Keys To Success
- Few Important Statistics You Should Know About
- Appendix - A Full Restaurant Business Plan Is Included
- Appendix -B A Sample Personal Financial Statement Is Included
This is about time you make your longtime dream of opening your own restaurant a reality. It's not as hard as you think. Remember opportunities are being taken by someone every day, waiting another day means you are passing up another opportunity.
Good Luck!
About the Author: "This should be the official guidebook for every new restaurant owner, I firmly believe if you read this book and follow the advice, tricks, and tips Tim shared here, you will have a successful and thriving business. He is the ultimate authority when it comes to operating a restaurant business successfully.
I have worked with Tim for 15 long years, and in these years I have seen him take over failing restaurants and turn them into profitable businesses. He is THE Guru, and this is THE book" - S Kennedy
Tim Hoffman is a natural born entrepreneur, chef and business owner. In his 37 year career, he owned operated, bought and sold 15 plus restaurants successfully. He owned and operated all from fast food QSR type restaurants to fine dining and all in between. In 2016 he sold his remaining three restaurants in Denver, Colorado and moved and retired in Orlando, Florida, where he lives with his wife, Jill.