CARIBBEAN RESTAURANT BUSINESS PLAN SAMPLE TEMPLATE
The food Industry is growing rapidly and since there is an increasing need to depend less on jobs and own a business; opening a restaurant is one of the most profitable businesses you can start up for yourself. This business thrives no matter the situation of the economy because people love to eat, they will always come for food and they will only eat at a good and affordable restaurant.
The first step in starting a restaurant is figuring out the type of restaurant you want to run. Though there are many, I am going to focus on the Caribbean restaurant and show you the points you must follow to open one and run it successfully.
Here is a sample business plan for starting a Caribbean cafe business.
STEP ONE: CARRY OUT A RESEARCH
Before you start, carry out some research about this business you are about to embark on. Find out how the people eat and know your competition.
This is a competitive industry with a lot of options for people so to make yourself stand out, find out how the top Caribbean restaurants in that city became so successful and go further to discover any lapses they have, an information you should smartly use to your advantage.
STEP TWO: FIND A SUITABLE LOCATION
This is not just any restaurant, it is Caribbean and the location must reflect that. Secure a standard facility at a suitable location; one that has a fresh and warm atmosphere not so far from the beautiful waters of the sea. It should be away from the regular noisy and hustling areas so that customers can fully enjoy a complete gastronomic experience.
STEP THREE: DESIGN AND EQUIP YOUR RESTAURANT
Now that you have picked a good location, the next thing to do is to design and equip it properly. Hire reputable and professional designers to give your restaurant a classy Caribbean touch, one that will be attractive to people passing by during the day and also at night.
Make sure you buy quality cooking and serving equipment for your kitchen, the chefs and the waiters.
STEP FOUR: WRITE A CARIBBEAN RESTAURANT BUSINESS PLAN
Every serious business must have a properly documented business plan and a Caribbean restaurant is not an exception. This business plan will serve as a guide to starting and operating your business without getting confused in the process.
It is so important to do this carefully because apart from giving your business direction, it is the first thing banks will ask for when you apply for a loan and only after going through it will they decide whether to decline or grant your request.
STEP FIVE: HIRE AND TRAIN YOUR STAFF
For you to run a smooth business, you have to determine the number of employees you need, what their functions are and how much they will be earning as salary. Make sure you hire the best hands for your restaurant. To appeal to the people of the city where your business is located, you can fill 90% of your workforce with natives of that city.
After picking your staff, make sure you put them through proper training, not only concerning skills but also professional ethics. You can hire professional trainers to have sessions with you and your entire workforce before launching the business and periodically too.
STEP SIX: MAKE YOUR MENU
The Caribbean cuisine is unique and accommodates variety of styles. Traditionally, it ought to have influences from African, French, Spanish, Indian and Amerindian flavours. You must include famous Caribbean dishes like the Caribbean trinidad roti, Jamaica curry mutton, pastelillos, sandwich cubano and Caribbean madras rice.
Make sure you (or your chefs) know how to properly prepare these meals and others that should be in the menu.
Also include a side bar and serve cocktail drinks.
STEP SEVEN: GET LICENSED
Make sure you get the proper paper work for your business and fulfil all legalities. Get a good Lawyer to help you settle all the legal issues concerning the operation of your Caribbean restaurant.
Also get a health inspection done so you can have a health permit. It is advisable to consult the local health officer of the city you are going to situate your business and know the process involved to acquire sanitary and health permits.
STEP EIGHT: LAUNCH AND ADVERTISE YOUR BUSINESS
Now that you are have done all that is necessary, you are prepared to get your business off the ground. So go ahead and launch your business.
Also keep in mind that marketing and advertisement are an important part of business so invest a lot of time and money into it, you will be glad you did. Make proper use of printed, electronic and the social media to reach maximum amount of people. You can as well sponsor shows to further promote your business.
If you follow these points, your Caribbean restaurant will be a huge success, so take it steady and make a move one step at a time.