Things to Consider When Starting a Restaurant
You might have heard that the majority of restaurants fail in their first year. This fact alone is enough to put a lot of people off entering the industry. However in spite of this fact, there are still plenty of restaurants that thrive.
If you’re thinking of entering industry and starting your own restaurant then below are some of the most important considerations to ensure your business is a success.
- Type of food to serve – One of the most fundamental decisions you have to make when starting your own restaurant is the type of food you’re going to serve. The vast majority of restaurants will have a selection of meat dishes in addition to at least one vegetarian/vegan option for each course. There’s a growing trend for more simple and unpretentious food in the UK right now so there’s nothing wrong with doing simple dishes very well.
- Decor – The decor of your restaurant helps to set the atmosphere. Atmosphere is extremely important to people when they’re eating out so this is something you want to get right. If you’re not certain exactly what sort of look you want for your restaurant then don’t be afraid to hire an expert to help you with this.
- Location – The location of your restaurant is another key factor. Restaurants rely on a good amount of foot traffic for business so you want to open a restaurant in a location that’s in a fairly densely populated area that’s convenient for people to get to by car, taxi, metro etc.
- Insurance – Protecting your restaurant against risks such as business interruption, theft, structural damage, liability claims and loss of licence is a must. The way to do this is by getting a restaurant insurance policy from a specialist provider. Having a good insurance policy for your restaurant will enable you to run your business with full peace of mind and means that you’re prepared for the worst.
- Staff – The staff you employ if your restaurant are going to play a huge role in whether it’s successful or not. For this reason you should be as selective as possible and only hire people who you’re certain will help your restaurant to thrive. The servers in your restaurant are of course important but you should also spend a lot of time finding the right restaurant manager and head chef.