Provide a summary the person's experience or qualifications.You might choose to insert actual résumés in this section or list them in the Appendices section of the business plan.
Provide a summary the person's experience or qualifications.
Given the projected growth of the restaurant industry, this aspect of your plan paints an optimistic future of your chances for success in a very competitive business.
Careful evaluation should be used to determine the preferred target market that your concept best appeals to and how that relates to the overall restaurant market with respect to diner demographics, preferences, and habits.
And remember, it is not the number of items you have on your menu, but the design, variety and appeal that make an eye-catching menu. A lot of great business concepts have been turned down by investors, both "friends and family" and institutional lenders, because the prospective managers did not seem to possess the experience, skill, education, and/or discipline to make the business work. Controlling costs, managing employees and servicing customers requires experience and talent.
The success of any business relies on sound management. This section of the restaurant business plan is intended to convey the background and experience of the managing partners or owners as well as key management personnel who will operate the business.
A positive culture means happier, more productive employees, lower turnover and better company performance and results.