Remove use-cases renovations
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How much does it cost to open a restaurant?

7 Shifts

Renovation You’ll need to make some changes to your space to make it fit your restaurant’s concept. Renovations Budget for more than you think you’ll need for your renovations. Give your wages budget a 20% buffer just in case. If too much food is ordered, costs are sunken into spoiled food that can’t be used.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

Fortunately, you can use a restaurant business plan template to make the process easier. Financial Plan : detail the amount of funding your restaurant needs and the core uses of the funds. This means the bank is partially "insured" in case somebody is unable to repay them. Tip: Be Sure to Specify the Uses of the Loan.

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The Six Most Common Franchise Problems (And How to Solve Them)

7 Shifts

However, you can work to mitigate your opening costs by shopping contractors and renovators in your area to see who can give you the best price, which could bring down your restaurant opening costs. You could also explore buying an existing franchise rather than opening your own, which brings renovation and remodelling costs way down.

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Modern Restaurant Design Trends Shaping the Industry

Modern Restaurant Management

While some speculated that the community table would die out due to social distancing, in moments of low cases and lifted regulations, individuals flock to these areas to grab a quick bite and reconnect with coworkers, family, and friends.

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Second Time’s the Charm

Modern Restaurant Management

For diners, having new and different options near the retailers and mixed-use environments they already on and are familiar with is (in some cases quite literally!) icing on the cake. New Ideas and New Influences. As one of two Sweet & Boozy locations in the U.S., Getting it Right. Look for opportunities to save (e.g.

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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Buying a restaurant is, in many cases, the budget-friendly option. Just like buying a used car, you’re going to need all the information you can get about the restaurant’s equipment and furnishings. What needs to be renovated, replaced, or removed? Each has advantages and disadvantages.

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A Guide to Conducting Precise Restaurant Sales Forecasts

Modern Restaurant Management

Under normal circumstances, you could use previous years’ sales figures to forecast the upcoming year – but, as we emerge from two years of COVID closures, staffing shortages, and general turmoil, previous sales’ figures definitely can’t be trusted. Let’s follow the case of a fictional restaurateur.