subject: The Many Intricacies Of Owning A Restaurant Small Business [print this page] Owning a restaurant small business can be a rather exciting and rewarding adventure. But, it is also one that's filled with a mind boggling number of details to tend to and remember, so much so that it's no wonder many people, despite their good intentions, fail at this type of venture before ever really getting a fair start.
Choosing a name, style, menu, location, having the appropriate funds necessary, writing a business plan, and securing all of the equipment needed to be open for business, not to mention having a trained, honest staff on hand, are all excellent ways of getting started on the right foot, but there are still an incredible number of other details to take care of as well.
Advertising and marketing should be a vital part of your new restaurant small business as without these two things, word of mouth will be your only hope for attracting new or repeat customers. Although in this trying economy many of us may be tempted to skimp on matters of advertising, believing it won't make much of a difference, provided you're spreading the word in other ways, is definitely one mistake you can't afford to make.
Advertising your restaurant small business may come in many forms including airing short radio spots, placing ads in the local newspapers, listing your business with the local chamber of commerce, having television commercials, either local or national, and of course, via the vast reaches of the Internet.
Hone in on your target audience and decide where would be best to spend the bulk of your advertising dollars.
Other important matters involving paperwork and legalities include securing the proper insurance and investigating and complying with the many regulatory requirements you'll be faced with. Your local health department's office will have information you'll need in regards to compliance, the paperwork you must provide, and what to expect when it comes time for an inspection.
You will also want to apply for a liquor license, if applicable, as early as possible since this aspect of owning a restaurant is one that can take several weeks, if not a month or more, before approval.
Making a restaurant small business become a success, especially right from the very start, is definitely a venture that takes plenty of commitment along with vast knowledge of the industry with the ability to create a distinct establishment that customers will seek out for fine food and quality service.
by: Jimmy Cox
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