Open A Seafood Restaurant With These Simple & Effective Ways

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Transcript of Open A Seafood Restaurant With These Simple & Effective Ways

Page 1: Open A Seafood Restaurant With These Simple & Effective Ways

Open A Seafood Restaurant With These Simple & Effective Ways

Visit www.LargoBarAndGrill.com

Page 2: Open A Seafood Restaurant With These Simple & Effective Ways

Seafood restaurant range from causal to expensive, or rather

serving from middle class to upper class society. Owning a

restaurant either seafood or a general one is a great way to

become an entrepreneur. Just like other restaurant

businesses, seafood types also offer considerable risks and

opportunities. Yet proper planning and organization can get

your restaurant off to a good start. Let’s discuss some

effective ways that will get your business running.

Page 3: Open A Seafood Restaurant With These Simple & Effective Ways

Pick The Type

Pick up the type of seafood you would

like to fit in the menu of your restaurant.

This is especially important when you

have a number of seafood restaurants

competing in a locality. For instance, you

may offer to sell sushi only or some

standard fish items offered in general

restaurants.

Page 4: Open A Seafood Restaurant With These Simple & Effective Ways

Create A Budget

Create a budget plan as to how much capital is required to open a restaurant.

Calculate the maximum expenses you will incur monthly and yearly for things

like, utilities, equipment, staff salaries, ingredients and its transports, building

rent, etc. Be generous in your calculations even to add some unexpected

expenses you may incur like emergencies. Point is to calculate the time and cost

it will take you to reach breakeven and eventually profit, also to decide whether

this is a feasible business opportunity to invest in. Remember, great restaurants

don’t take overnight to roll in money and being able to expand their business.

Page 5: Open A Seafood Restaurant With These Simple & Effective Ways

Write A Business Plan

The plan could be a formal document and must contain all the required business information. There are some major pointers

to add in your business plan including:

• Type Of Restaurant You Choose Restaurant’s Location Your Strengths And Weaknesses• You Marketing Strategies

How It Will Match With The Target Market In Your Area

Who Are You Competitors And How You Can Compete

Page 6: Open A Seafood Restaurant With These Simple & Effective Ways

Secure Funding Or Loans

It is quite normal that first time restaurateurs

do not have enough finance for start-up and

have it operating for initial years without

profit. Several options appear including a

bank loan. If loans do not come by then you

can ask family or friends to help you in some

way or other.

Secure Funding Or Loans

Page 7: Open A Seafood Restaurant With These Simple & Effective Ways

Legalize Your Business

Complete your business documentation like getting a

liquor license, food handler and occupational safety

permits, sales tax permit, etc. before you open the

doors of your restaurant. Contact the concerned

departments and get these correspondences clear as

soon as possible.

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Contact With Fisheries

Contact the nearest commercial fisheries department who will purchase your

seafood. It gets difficult and expensive to find a supplier if your restaurant is

located in a non-coastal area. In these cases you have to approach international

or suppliers from the neighboring states. Be careful that food quality from these

suppliers meets the health and safety standards of your local state.

Page 9: Open A Seafood Restaurant With These Simple & Effective Ways

Select A Nice Venue

Selecting a great venue for your restaurant means a place where

you can reach the heaviest traffic and people walking. Opening

near shopping malls are the best choices to expose yourself in

busy public. Other acceptable options can be to open near

recreational lakes, beach fronts, water and amusements parks,

etc. where people of all age groups can be targeted.

Page 10: Open A Seafood Restaurant With These Simple & Effective Ways

Contact Us

Address: 401 Biscayne Blvd Miami, FL 33131

Number: 305-374-9706

Email: [email protected]

Website: www.LargoBarAndGrill.com