Requirements for Starting a Restaurant Business

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Requirements for Starting a Restaurant Business

Restaurant business is the organized effort of an individual to

produce and sell for a profit the goods and services that satisfy

society needs (Lundberg and Walker 2). To organize a restaurant

business, businessman must have to have four kind of resources;

material, human, financial and information. These four resources apply

for every kind of business no matter what kind of business it is

you're going to start. For example in order to start restaurant

business under material category it includes equipment tables, chairs

and other decoration supply etc. An individual can't run restaurant

business because it is a team effort business, which needs

contribution of different human resources. For example, a chef who

make's all different dishes for his customer and to serve that dish

there is a waiter or waiters and finally a casher who charges money

for the service they have provided to there customer. This is the only

business in which we need to have great teamwork of human bodies to

make it successful business. Finance, which is money, is required to

pay employees, purchase materials and generally keep the business

operating. There are different ways you can get finance to start off

the restaurant business like a loan from friend, a loan from bank and

grant's from states or cities. The last resources that an individual

need in order to operate a restaurant is a lot of information about

restaurant business like what kind of restaurant is good for this

location, what kind of thing he is going to put on his menu and how

much each an every thing gone cost. All these things look simple and

...

... middle of paper ...

...you just open a

brand new restaurant and don't have a parking place there are more

chances you might end up closing the restaurant.

Advertising:

In the restaurant business advertising plays a major role this will

increase the income of the restaurant. The more people hear about the

restaurant more will come. Advertisement plays the critical part in

opening the restaurant. If one doesn't advertise his products chances

are he will not sell as much as the person who did. Most of the time

independent restaurant owner tries to attract mostly local customer by

advertising on the local radio station and on the local newspaper.

According to the owner of the Ahlishan restaurant these are the best

ways to start adverting because he also advertises his restaurant on

local Indian radio station and also on Indian newspaper.

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