Briefly introduce the restaurant, its target customers and its competition, and provide a brief explanation as to how your restaurant will attract its customers and counteract its competition.
Develop a business description for your restaurant.
The business plan not only serves as a financial tool for your restaurant or food business, it serves as an analytical tool that helps you to set your restaurant business apart from the competition.
Create an executive summary for your restaurant’s business plan.
Identify the licensing and permit requirements for your restaurant, along with the steps that your business will take to obtain and maintain those requirements.
Create your restaurant’s menu and include the prices for each item.Provide your restaurant’s legal business description, such as sole proprietor or partnership.Outline your restaurant’s short- and long-term goals, and briefly address the trends and growth patterns within your area’s food industry.Create an organizational chart to show the flow of responsibility.Create a section that describes the operations of your restaurant.Create the financial statements for your restaurant.Include a personal financial statement for each of the restaurant’s owners, along with a balance sheet, income statement and cash flow statement for the restaurant.The restaurant business is a competitive industry with many variations.Therefore, it is important to know how to write a business plan for a restaurant or food business.Include the costs for each and identify if the items will be purchased or leased.Finish your operations section by listing the suppliers and vendors your restaurant will use.