article thumbnail

How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Obtain Permits and Licenses. This research will dictate your hours of operation and pricing plans! So, make the most of this step– gathering this information will help you plan, operate, and run a successful coffee shop. See why 500,000+ restaurant pros choose 7shifts for scheduling and team management. Table of Contents.

License 459
article thumbnail

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. According to Investopedia , a restaurant will generally look to sell for about 25 to 40% of its annual operating income. They could also be trying to get out of a bad situation—be it management, building, or market related. Table of Contents.

License 444
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

How to Deal with Legal Regulations Affecting Your New Restaurant

Open for Business

How to Deal with Legal Regulations Affecting Your New Restaurant There’s no universal checklist for all of the necessary licenses, permits, inspections, postings, and signage for your new restaurant. Once you’ve visited centralized websites, make sure you’re then researching the requirements of each individual agency.

License 78
article thumbnail

Music Can Give the Restaurant Industry a Competitive Edge

Modern Restaurant Management

Modern solutions are designed to manage the specific needs of multiple restaurant locations, unlike obsolete systems. Restaurants can easily stream licensed music while supporting artists through legal B2B music streaming platforms. Immersive Experiences and Driving Customer Loyalty Music evokes emotions and in turn motivates actions.

License 185
article thumbnail

How to Buy a Restaurant: An Ultimate Guide

7 Shifts

Tack on obtaining permits and licenses, and you could be in for a pretty big check. According to Investopedia , a restaurant will generally look to sell for about 25 to 40% of its annual operating income. They could also be trying to get out of a bad situation—be it management, building, or market related. Table of Contents.

License 195
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 franchise a restaurant

Clover - Restaurants

Restaurant franchises operate through a collaborative business model between two entities: the franchisor (for example, McDonald’s) and the franchisee (for example, a business owner in Springfield, Massachusetts). The franchisee is responsible for the day-to-day operations of the restaurant. How do restaurant franchises work?