OUR RESTAURANT CONSULTATION PROCESS
From fast food joints to themed restaurants, more and more food businesses are popping up in cities every day. Since restaurants are becoming such a common business venture, the competition seems to be increasing every day. Have you toyed with the idea of owning your own food joint? Being your own boss, having more flexibility, and sincerely enjoying what you do – Sounds interesting, doesn’t it? However, all of these advantages come at a cost. Building a restaurant from scratch isn’t easy. It’s a hard and expensive process, and in reality many restaurants fail in their first year of business. Download our FREE Budget Calculator now and know how much investment you need in hand to start a restaurant of your own.
But, there are ways to reduce the risk of becoming another statistic. You need to go step by step in order to avoid any hassles that can crop up later. You need to be very careful and leave nothing unattended to ensure a smooth start and success for your business.
Whether it is about the necessary permits or the marketing, there is a lot to be planned. This is where we come into picture. We, as your end to end consultants in the food business, will make sure that you leave no stone unturned and have a successful run in the industry. Read ahead to understand how we do that.
TYPE OF FOOD BUSINESS YOU WANT
One of the first things you need to decide is the restaurant style you are interested in. Whether you intend on being a restaurant panning multiple cuisines, café with dedicated specialisation or a lounge bar with comfortably furnished pub, the planning for each will vary and will require a different formula for execution.
After narrowing down the type of restaurant business you want to be in, you can decide the concept of the restaurant. Your concept can be fast-food, which offers food types that range from burgers, fries, and sandwiches; midscale restaurant, which has full course meals at value prices; or upscale restaurant, offering meals with high-end ambience and higher prices. After narrowing your establishment to one of these options, you can get into the finer details of the theme.
Before you begin, you need to estimate the costs you will have to invest for. You’ll need different pools of money. First pool would be for one-time costs like equipment, setup, supplies, etc. The second pool is to cover the restaurant expenses for at least six months, and the third pool is for advertising and certain overhead costs. Having a six months cushion is safe because you’ll probably find that your expenses outpace your revenue for at least that period.
UNDERSTANDING YOUR REQUIREMENTS
After an initial discussion of your plan, we undertake a detailed market survey about your area of interest and make exhaustive reports for the next steps for your plan and the competition that exists. Based on the restaurant type, if it is at the initial stage of setup, we choose the location that would be ideal for you to setup your business, undertake an in depth survey of your target audience and a feasibility study of your budget and requirements. If you do not wish to take up our end to end services, we can also customise our plan according to the service you are looking for.
COMING UP WITH A PROPER EXECUTION PLAN
After putting things on paper, it is essential to make sure that it is realized into actual design. For this proper allocation of funds is essential, where we set up month on month plans to make your restaurant come alive. Right from menu consultation to advertising and marketing, we will set up a plan and appropriate budget for each functionality.
WE CONSULT ON:
Based on your requirement we can setup a timeframe for execution of the plan. We will share with you a step by step breakdown of targets and the timeline we wish to achieve them in. Monthly analysis reports will be shared with the progress and the agenda to take things ahead.
Our budget as restaurant consultants will be totally dependent on the services you wish to choose. As per the roles you want us to undertake, we can work on budgets that are project based or service based.
SIGNING THE CONTRACT
Once everything has been set in place, we can undertake the signing of contract to make things official and formalized on paper. These contracts will include the role we would be undertaking as restaurant consultants, timelines, budgets and other project details. Once signed, we are ready to begin work and set the plan in motion.
- Licensing and Permits
- Designing the restaurant/café/kiosk etc.
- Menu planning, designing and recipe development
- Staff recruitment and training
- Setting processes and standard operating procedures
- Operation assessment till the completion of project and 2 months operation assistance post completion (included in the package)
- For further consultation or management, we charge on monthly basis.
- Marketing and Branding
- Laboratory services for food and beverages industry