A restaurant is very much like an orchestra.t's a lucrative business. But there are a thousand moving parts, and you need to be knowledgeable of all of them. You need to have your restaurant business plan ready when you approach investors. Most restaurant owners get extremely busy with the human aspect of managing a restaurant, that they fail to see the benefit of a restaurant pos system. ( 3d logo background )

A need is a consumer's desire for a product's or service's specific benefit, whether that be functional or emotional. A want is a desire for products or services that are not necessary, but which consumers wish for.

Needs Of Customers:-

i) Clean Environment:

People are very much concerned about their health and expect their food to be healthy and not contaminated. Having a clean restaurant will make a great impact on your customers as it is deeply related to their health. You need to make sure that your restaurant has clean plates, spoons, glasses, chairs, floors, restrooms, etc. Just because most of your customers might not visit the kitchen, it does not mean that you can keep it unclean. ( 3d background for logo )

ii) Hospitality:

Your customers should feel valued from the moment they enter the restaurant till the moment they depart. They need to be acknowledged immediately, and it will be nice if their orders are taken with a smile. Make sure that your waiters do not indulge too much in the customer’s personal space as they might feel uncomfortable.

iii) Owner’s Involvement:

The owner’s involvement is one of the most underrated parts of restaurant management. Depending on the restaurant manager becomes inevitable in the case of multiple outlets; however, even then, the owner must oversee all operations. 

Requirements of Starting a Restaurant:-

i) Define your restaurant concept:

Your restaurant concept should be woven into every aspect of your business, from the food itself to your style of customer service. Your concept should also be reflected in the name of your restaurant, the design of your collateral, and your decor.( background for 3d logo )

ii)  Marketing:

One of the critical elements of a successful restaurant is a successful marketing plan. Yes, marketing is essential. No, word of mouth is not enough. Yes, there are some legacy restaurants out there that do not spend a penny on marketing, yet are flourishing, but they are rare cases.

iii) Online Marketing: 

Online marketing or digital marketing is considered to be more popular as well as an effective way to reach out to customers. It primarily consists of social media marketing, email and SMS marketing, and a growing online presence.

iv) Obtain licenses and permits needed to open a restaurant:

Aside from the standard business licenses and permits needed to open up a shop, there are other licenses you need to get if you run a restaurant, from a liquor license to food handler’s permits that may vary from state to state. ( shop signage Mockup )

Conclusion

There are several categories of personnel in the restaurant business: managers, cooks, servers, bus persons, dishwashers, hosts, and bartenders. Each has a specific function and contributes to the operation of the restaurant.

Restaurateurs can seek cash investments from venture capital (VC) firms or individual investors (aka “angel investors”). In exchange for financing the restaurant, investors typically ask for a percentage of ownership in the business based on the investor's valuation of the restaurant's worth