Start A New Business- Here’s What And How?

Want to invest your hard-earned money into a new business? Are you seeking out for the options like catering services, event hosting services or how great will it be to have a business that has all these businesses merged all together. Yes! You guessed it right. Invest in a lavish hotel having its own restaurant offering outside catering services and also a perfect part hall to host a family get-together or any other event. Isn’t it a great idea. It might be sounding a perfect plan to you but you as an entrepreneur have to focus on a lot of things before and after you establish your business. On the very keynote, let us begin with your restaurant. It is the place that can attract alot of people and once you get your first few customers, you can promote your additional services during their visit.


You must be thinking on the matter, how you’d be starting a restaurant. Let’s have a look at  this step-to-step guide of opening a new restaurant:

• Decide on the concept- What will be your restaurant all about? Will it be a takeaway or a fine-dine place or both? What will be your niche as far as food is concerned? Will it be Malaysian or Indonesian cuisine? What kind of ambience will be of your restaurant? Find answers to all such questions and decide on the concept of your new restaurant in order to work and manage the things accordingly.
  
  
• Choose a location- Make sure that the location you choose is convenient for your target audience to locate and reach. Check if the restaurant is located in a busy area, with plenty traffic? Check if there is enough parking availability? Check if everything is well in place and the place is worth visit for your family and friends.
  
  
• Give it a name- Providing an identity to a place is necessary in order to make it convenient for the people to know you. The name you choose for your restaurant should be a reflection of your theme and location. But while naming your restaurant, make sure that it is easy to spell and pronounce. Also, the name you choose should be unique and should not be the one that is registered under trademark act.
  
  
• Write a business plan- It is necessary to plan your business effectively for the coming days or years because you might face a lot of problems in the coming days, months or years and a perfect business plan will help you overcome those issues. Whereas it is a necessary document to raise funds from the financers out there in the market.
  
  
• Find financers- To open a new business, it is also important to have enough funds. From where could you get funds? Of course! From the financers or the investors who are interested in investing in your business. To find financers for your restaurant is not an easy task but on the other side, it is also not even impossible. Other than banks and other private investors, there are some small business agencies that help you in raising funds for your new business.
  
  
• Get required licenses and permits- It may take even weeks for the licences and permits to get approved. Thus, as soon as you are having enough finance to proceed further, start filing the paperwork to get it approved within no time, except the paperwork related to liquor licences, sign permits etc.
  
  
• Design the restaurant- After accomplishing all the formalities, put your step ahead on the designing process. Start filling the empty space with commercial kitchen, equipment, furniture, bar, restrooms, and also a waiting area. Make an empty place look like a lavish place for dining-out, keeping the practicality in mind.
  
  
• Write restaurant menu- Before you start promoting your restaurant, make sure that you create its menu. Make it impressive with the help of your creativity. It should be descriptive, easy to read and should also have a clear and uncluttered layout. Divide your menu into some parts i.e. mention all Italian, Mexican, Chinese and Indonesian cuisines together making it easier for the customer to understand the cuisines and he can choose from his favourite cuisine easily.
  

If you are heading towards Brighton this weekend, make sure that you visit a restaurant that is specialised and well-known for its Malaysian and Indonesian cuisines. The restaurants in this beautiful city are worth visit because of their ambience, location and of course, the taste.

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