The Great Ideas To Know Before Starting Your Own Restaurant
Would you like to start a restaurant business but aren't sure how to begin? Well, it turns out that now might be a great time to act. The idea of starting your own F&B business may seem daunting, especially when the outlook for new businesses is bleak. New restaurants fail in as many as 90% of cases.
Plan your business well
As you explore your 4Cs: customer, consumer, channel, and context think of it as exploring each one of the 4Cs.
What’s your target market?
Make sure you understand your target segment once you've defined it how, they what, why, where. How they operate and who they buy from. Making an offering that is relevant and targeted will help.
What’s your restaurant-style?
Are you considering opening a bakery, coffee shop, quick-service, fast-casual or full-service resta...