How to draw up a business plan for a restaurant: key elementsFor the purposes of this article, we’re going to use a fictional establishment – let’s call it The Goodfare Restaurant – to show you exactly how a restaurant business plan should work in practice.

You can find a more comprehensive breakdown of what to include in a generic business plan here.

Executive summaryThis is a brief snapshot of the key information the reader needs to know about The Goodfare Restaurant.

The restaurant – The Goodfare Restaurant is a 100-seat family eatery in North London, serving moderately-priced comfort food classicsThe Goodfare Restaurant is a 100-seat family eatery in North London, serving moderately-priced comfort food classics Your mission statement – The Goodfare Restaurant exists to bring hearty, reasonably-priced grub to the masses– The Goodfare Restaurant exists to bring hearty, reasonably-priced grub to the masses Objective(s) – to be the most popular moderately-priced eatery in North London– to be the most popular moderately-priced eatery in North London Values – the customer is almost always rightThe companyThis section should go into detail about the management team, the legal structure of the business, and operations.

The industry – over the last two years, London’s restaurant industry has seen the highest level of closures in decades, as well as very high staff turnover. | To read full story, visit https://startuparound.com/read/1583172006.1395574/How-to-create-a-restaurant-business-plan?ref=audio_experience