
Whether you're a chef ready to share
your unique culinary creations with the world or an aspiring entrepreneur with
an interest in the food industry, here are 10 things experts say you need to do
before opening a restaurant.
Build
anticipation
"Creating a sense of
anticipation and sense of community are two critical success factors of
opening with momentum from the start. Identify community events where
tastes can provide insight to the menu in advance of your opening. Connect
with high-profile businesses where you cater lunch or an
after-work meet
& greet at cost or totally as a marketing cost, with
special certificates provided in advance for use the first month of
opening. Once you build these connections, then you can invite all these
pre-opening fans to a private pre-opening experience. They would pay, and
also give you valued feedback for any tweaks before the official
opening." – Sherre' L. DeMao, president and CEO, SLD Unlimited Biz
Growth
Talk
to other businesses
"Talk to your neighbors. It is
remarkable how much you can learn from the existing business owners in the
neighborhood where you intend to open your new restaurant, and how few
operators do this simple homework. And as many restaurants are [filling] spaces
that were restaurants previously, it can be helpful to talk to the prior
operator too." – Peter French, co-founder, Break Fast &
Launch
Get
experience in the industry
"Aspiring restaurateurs should
work in a restaurant. Whether that is a few shifts waiting tables or trying
your hand on the line in the kitchen, make sure this industry is for you before
making the leap. While being the next 'it' chef may be glamorous, washing
dishes, waiting tables and dealing with customer complaints isn't." – Terry
Seal, founder and partner, Corkscrew Consulting
Do
the math
"The single most important
thing a budding restaurant owner should know before opening is simple
math. The gross-to-net breakdown of a customer is vital; because, if the
math doesn't work, little else matters. They need to know exactly how much
each customer will impact the bottom line, what the average customer
transaction is projected to be, and exactly how many customers per day are
needed to keep the lights on." – Kyle Thompson, marketing strategist
and owner, Big
Fish Consulting
Negotiate
food prices
"Restaurant operators need to
have a firm handle on food [spending], since it will take up a large portion of
their budgets. The more they can negotiate fair prices with suppliers, order
less expensive items, and reduce waste, the more successful they'll be at
running their restaurants." – Mark Haidet, restaurant co-owner and CEO,
Orderly
Ask
for feedback
"Aspiring restaurateurs should
create a small packet which shows the menu, the prices, the proposed
location, images of the interior, samples if possible, and a brief written
piece about what the restaurant will be like. Next they need to show it to
100 people and have at least 15 who are not in their target demographic.
This test provides validation in so many ways: It verifies assumptions about
the concept and gives you feedback you can incorporate before you spend
your money, [it] forces you away from asking friends and family — aka
the people who always say it's great — to the more honest general public,
[and] if you can't muster the effort to ask 100 people, you have
no business starting a restaurant." – Tanner Agar, founder and
CEO, The Chef
Shelf
Get
it in writing
"If you are starting a
restaurant with a partner, then it is vital to at least create a written
partnership agreement. You must agree on how investments are made, who gets
distributions, and who does the work. It is almost certain that two or more
people will at some point disagree over these issues in the future, and not
having an agreement can lead to expensive litigation, or even dissolution of
the business through infighting. All restaurants should go further, whether
there is one owner or many, and create a corporation or LLC. This will help
limit liability in case there is a lawsuit." – Sean Morrison, owner and
managing attorney, Sean Morrison Law Offices
Create
a website
"Get a good website that
actually converts people into making reservations — not just an online
brochure that doesn't convert into business, but a customer attraction
magnet that brings people to your website and to your restaurant. Make
sure it's mobile-friendly and isn't flash-based. Yes, Flash sites can be
pretty but the search engines can't read them so they do you zero good
from the standpoint of getting found. Make sure your phone number and a
map are prominently displayed on the site." – David Wright, president
and chief marketing officer, W3 Group Marketing
Establish
a voice
"The voice of your restaurant,
which encompasses its values and aims, will differentiate it from the
competition; it's your unique selling point. It's essential that
entrepreneurs establish their restaurant's character early in the process
and then ensure that this 'voice' is present in the dishes, the menus, the
marketing and that it is conveyed by the staff." – Dev Biswal, head
chef and owner, The
Ambrette
Get
the food right
"Position your menu to be
unique but relevant. In other words, don't try and pioneer Indian/Japanese
fusion in the South, but if you intend to open a burger joint, make it your
own. Also, make sure your food stands out in all aspects of the customers'
experience — consider elements like taste, texture, appearance and spice
levels. Make them all pop!" – Brett Randle, CEO, Soulman's Bar-B-Que
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