While starting a new restaurant can be interesting, it can also be an immense affair. Some things you should keep in mind before opening a restaurant.
- FINALIZE ON A CONCEPT: There are many factors in opening a restaurant and the essential one is finalize on a concept. Before finalizing on a concept, do proper market research. If the area and audience is not sustainable for that concept, doing market research becomes essential to avoid potential failure.
- CREATE AN ACTIONABLE BUSINESS PLAN: You need to make an actionable business plan for your restaurant. Your plan should be goal achieving. Without a proper plan no business can run far. You need a proper organizational to run your business and achieve success.
- SELECT THE LOCATION: This is the most important thing to consider while starting a restaurant. A restaurant with an excellent interior and everything but in a wrong location will hardly go in a long way. Select the location where you can find your targeted location.
- GET YOUR LICENSES IN PLACE: There are a variety of resources that you might require like FSSAI, Liquor License( if you are selling Liquor), health/trade license, eating house license, shop and establishment act, GST registration, approval from fire department, lift clearance, music license etc.