Restaurant business plans samples


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Restaurant business plans samples

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Restaurant business plans samples

  1. 1. Restaurant business plans samplesWhen writing the Executive Summary for a restaurant business plan, it is important toremember these key points:Be Preemptive: "Did you know that 8 out of every 10 new businesses fail?" This is awonderful opening line to an Executive Summary. You wouldnt think you would want toreinforce this fact into your potential lender or investors mind ever, much less in the firstline. However, if youre going to a lender or investor, I can guarantee you that they knowwhat the restaurant industry is like. If you let them know upfront that you are fully awareof the potential obstacles you are facing, they will immediately have much more respectfor you and will take you and your business much more seriously.NoBS: Get straight to the point. This is your hook; this is the salesperson on the front-line of your plan. In short, dont fill this with a lot of fluff and B.S. You need to catch thispersons attention now if you want them to read one more page. Tell the prospectivelender or investor exactly who you are, what you are proposing, and why.Person-to-Person: Your lender or investor is a person. When writing your restaurantsbusiness plan, you should always remember that there is a place for the hardcore facts,and there is a place for you. In the world of small business, you are the business. Thismeans that ultimately the lender or investor is investing in you. Use a template or arestaurant business plan sample, but make sure you are actually writing your plan and notjust filling in the blanks.Call-To-Action: If youve ever even blinked in the direction of a marketing plan, youveheard the term call-to-action. Because your Executive Summary is the salesperson foryour business plan, you must include a call-to-action. Preferably, this should be the lastsentence of your Executive Summary. It should literally tell your lender or investor tokeep reading your plan. The ideal call-to-action also contains a slight teaser that willfurther entice the reader to want to read further.Save the Best for Last: Most people make the mistake of trying to write the ExecutiveSummary first. Most business plan software programs have you go this route, as well. Ifyou write the Executive Summary first, it will force you to mentally compose the rest ofthe business plan to fit the Executive Summary, instead of doing things properly andcomposing the Executive Summary to fit the business plan. – You can download free ebooks about: restaurantmanagement forms, restaurant business plan, restaurant marketing plan sample,restaurant startup guide…