Restaurants are one of the
most frequently started small
businesses, yet have one of
the highest failure rates.
Survivors need a powerful
strategic advantage: a sound
business plan and feasibility
study prior to opening. A new
study from the Ohio State
University has found the
restaurant industry failure
rate between 1996 and 1999 to
be between 57-61 percent over
three years. Don't be a
statistic on the wrong side,
plan now for success with
this new book and CD-Rom
package.
A business plan precisely
defines your business,
identifies your goals and
serves as your firm's resume.
The basic components include
a current and pro forma
balance sheet, an income
statement and a cash flow
analysis. It helps you
allocate resources properly,
handle unforeseen
complications and make good
business decisions. Because
it provides specific and
organized information about
your company and how you will
repay borrowed money, a good
business plan is a crucial
part of any loan application.
Additionally, it informs
personnel, suppliers and
others about your operations
and goals. Don't skip this
vital step in opening your
restaurant. Order today!
This is a great book for any culinary student that is eager to open their own establishment!!! The additional disk as well as easy to read content makes the book great for beginners! A must read for culinary students!!!!
Opening a Restaurant
Rating
By Mary E.
Posted on April, 2009
Well written and concise information. Easy to read has an disk that goes with it.
Opening a Restaurant
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