article thumbnail

Opening a Restaurant: Steps to Take and Common Pitfalls to Avoid

Modern Restaurant Management

Get Your Licenses in Order Starting a restaurant business involves registering with the authorities and procuring the relevant licenses. Ignoring these licenses and regulations might attract hefty penalties and fines, so make sure you’re aware of the local, state, and federal regulations before opening up for business.

License 158
article thumbnail

Boosting Profits One Sip at a Time: The Power of Specialty Beverages

Modern Restaurant Management

For restaurants with liquor licenses, catering to millennials is key. Use targeted advertising and promotions to capture the attention of less price-sensitive delivery users. Millennials and Mocktails : House-made cocktails can be a draw, but most respondents prefer non-alcoholic options.

Beverage 193
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Setting the stage: a guide to opening a restaurant

Open for Business

From budgeting and licensing to crafting the perfect menu, here’s everything you need to know about how to open a restaurant. Start by outlining your restaurant’s concept, from the type of cuisine to the interior design. Once you’ve nailed the perfect location, focus on the layout and interior design.

License 78
article thumbnail

Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

While it might seem tempting to overspend on your marketing and advertising efforts, the cash you'd use to pay to run your ads could only lead to waste, especially if you don't know much about running an ad campaign effectively. For instance, you might be running your ads on Facebook incorrectly by targeting the wrong audience.

article thumbnail

How To Start A Catering Business in 20 Steps

Sling

Along the way, we’ll address such issues as: Working from home or a storefront The importance of state and local health codes Creating a business plan Getting incorporated and licensed Hiring and scheduling employees We’ll also discuss financing (to make it all possible) and advertising and marketing (to keep it all going).

article thumbnail

How to Open a Restaurant or a Bar: 5 Steps

Next Restaurants

When choosing a place to rent, be sure to find out what documents, licenses and permits it already has. Therefore, when designing premises and the surrounding area, they must also be strictly observed. All project participants must have local licenses, permits and the necessary contacts. Smart Design Increases Sales.

Bar 97
article thumbnail

Before You Start Your Food Truck Business, Do These 5 Things

Restaurant Engine

This includes everything from the purchase of your truck, the design of it, equipment costs, gas, food costs, and more. Include a list of any permits or licenses you need along with their costs. Add the design of your food truck and how you’ll outfit it. Restaurant Web Design, Made Easy. Create a loyalty rewards program.