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How much does it cost to open a restaurant?

7 Shifts

You won’t have cash coming in until you open your doors, so you’ll have to depend on your life savings, investments, and loans to get you through your first few weeks or months of business. If your space is worth $1 million, for example, you’ll need $100,000 in cash to lock in the space. You’ll need roughly 10% down on your space.

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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Maybe it’s to take your grandmothers’ recipes to the masses. You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. Find Out Why the Restaurant is for sale.

License 446
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Bar Management Software: The Key to Effective Staff Scheduling, Inventory, and Payroll

7 Shifts

Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully. Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more. And it’s not just a matter of focus.

Inventory 195
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Bar Management Software: The Key to Effective Staff Scheduling, Inventory, and Payroll

7 Shifts

Bar management software is a tech-forward way to handle many of the elements necessary to operate a bar successfully. Depending on the solution you choose, this software could include features that help with employee management, inventory tracking, POS capabilities, payroll, and more. And it’s not just a matter of focus.

Inventory 195
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Restaurant Budgeting: How to Create A Restaurant Budget

7 Shifts

Managing a restaurant is not for the faint-hearted. In this industry, one of the worst-case scenarios is running out of money. In this industry, one of the worst-case scenarios is running out of money. Your stiff competition requires innovative thinking and aggressive growth strategies to stay on top.

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The Ultimate Guide to Getting a Restaurant Business Loan

7 Shifts

It also requires money to open a restaurant and build it out, buy equipment and finance the operation until it reaches break-even. Competitive Analysis : document local competitors and show how you will be able to carve out a niche in your market. Starting a successful restaurant requires passion, hard work and persistence.

Document 394
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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Maybe it’s to take your grandmothers’ recipes to the masses. You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. Find Out Why the Restaurant is for sale.

License 195