Starting a restaurant from scratch is no easy feat. From the layout of the space to sourcing products, you need to take care of everything.
Here are five things you should keep in mind before starting a restaurant business:
Have a Unique Selling Proposition
Every business has specific goals, but only a few have a unique selling proposition (USP). A USP is critical to stand out amongst the competitors. It is the cornerstone of your brand, showing customers how your product or service is better than the rest. You don’t need a unique business idea, but rather an innovative way to repackage it. It could be related to your product quality, customer service, or operational features. USPs help businesses dominate concentrated markets.
You can create your unique selling proposition by:
- Identifying target audience and their pain points
- Analyzing competitors
- Recognizing market gaps
- Creating unique ways to fulfill demand
Get the Right Location
Once you have identified the goals of your restaurant business, search for a suitable property to execute them. Get in touch with a real estate agency and discuss your spatial requirements and budget. Here are some common things you should consider:
- Adequate traffic flow near the property
- Market condition and concentration
- The demographic of nearby areas
- Adequate parking space
If you wish to build your restaurant from scratch, have a construction company on stand-by. Make sure you get relevant licenses and permits before construction begins.
Plan the Interior Design and Layout
The interior design of your restaurant creates the ambiance of your restaurant. It has a direct impact on the customer’s dining experience. Create the initial layout by yourself before contacting an interior designer to bring your concepts to life. Choose a color theme that compliments your brand image. Pay attention to the following elements:
- Lighting
- Seating layout
- Furniture style
- Wallpapers and decoration
- Music system
- Flooring
In addition to the seating area, pay attention to the layout of the kitchen and restrooms. Opt for flooring that can be easily cleaned and can stand wear and tear.
Invest in High-Quality Kitchen Equipment
There is a wide range of equipment required to keep a restaurant up and running. This includes,
- Sinks
- Cooking tables
- Electronic appliances
- Freezers
Depending upon your menu items, your commercial kitchen would require special equipment as well. The equipment must meet health standards to avoid fines in the future. Invest in good quality products to avoid breakdowns and to cut costs.
Buy Products in Bulk
Buying products from new vendors every week is not feasible. Products such as beverages, grains, and meat are used every day and impact the consistent taste and quality of your food items. You can also consider a supplier for freshly baked goods such as bread. A wholesale bulk frozen bread supplier will make sure your kitchen is always stocked. Restaurant owners make bulk purchases for several reasons:
- Wholesale products are more economical.
- Saves hours in transportation
- Easy to maintain inventory
- Less environmental impact