But before you do, you might want to consider taking the time to create a business plan for your new venture, which will not only help you map out the opportunities before you, but also the threats. While business plans doesn't appeal to everyone, especially if you don't ever expect to raise capital for your business, it can be a critical factor in getting your business off the ground, says Jennifer Leake, a certified management consultant and founder of Consultants Goldan online community dedicated to helping consultants run their ventures successfully. That's why, as you get started, Leake offers the following tips for developing a plan: Keep it simple so that you revisit it often—so don't make it too long or too complex, she warns.
Two different methods can be used to determine occupancy levels. Hourly - If you estimate percent of occupancy on an hourly basis, the customer rate would be 9.
Not all of the customers will come in during those dinner times nor will they be spaced evenly throughout the day. First, flyers will be distributed in the neighborhood. Ads will be taken out in all of the Catholic church bulletins in the area: Holy Martyr, Queen of Peace and St.
The restaurant is located one block from Holy Martyr Church and school. Special events will be promoted with a portion of the proceeds going to the school.
For special entertainment nights, radio and newspaper ads will be placed. Entertainment and food critics will be given an invitation. On opening night we will have an invitation only party, with over 1, invitations being sent. For businesses in the area, menus will be distributed and ordering will be available by fax.
A customer mailing list will be developed with a calendar of events being mailed on a monthly basis. Sales Tactics Servers will always ask the customer if they want added items, i. This will not only increase sales for the business but will also increase the amount of money the server makes.
Most people tip according to a percentage of the check. The higher the check the greater the tip. The server can control their own income. All tables also will have "table tents" or advertisements. The tents will describe upcoming events. Also, pictures and descriptions of items for sale, such as micro-brewed beers, desserts, etc.
The menus will provide detailed descriptions of the items available, including a section describing the different types of beers available. For example, the chili beer.
If that does not work, the customer will be given their meal free of charge. One block north of Coffee Circus. Known for their southern style cooking. The restaurant caters to families who want to eat and leave. No live entertainment is provided. Their prices are moderate with little or no variation.Our professional business plan consultants help Canadians easily start their own business by writing a quality business plan at an affordable price.
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