Mutfakpos Presents : An Authentic Study and Research for new Restaurant owners to save money and time

New Restaurant Cost Calculation in Pakistan depends upon different factors. Location is most important element. Big cities like Lahore, Karachi, Islamabad, Sialkot, Peshawar, Multan, Faisalabad, Hyderabad etc. In these cities cost of land and space rental is very high. While in medium and small towns like Gujraat, Gujranwala, Sahiwal, Qasoor, Khanewal etc, the cost of rental building is comparatively cheaper. Same things goes for restaurant staff. Wadges of restaurant staff are higher in big cities than small ones. There are many advantages of opening a restaurant in major cities but there are few disadvantages too. Major problem that restaurant in a small city may face is vendor or supplier. Restaurant owner may have restaurant items vendors easily in main cities than the smaller. Some more there is huge trend of restaurant customers in bigger cities than others. Kitchen equipment maintenance service is easily available in bigger cities other than small cities. Same goes for Restaurant POS Solution.

A restaurant business plan always start with an executive summary. An executive summary not only behaves as the introduction to your business plan, but a summary of the whole idea too.
The foremost aim of an executive summary is to bring out the reader (most of the times an investor) into the rest of your business plan.
Usual components of an executive summary are as follows:
Mission statement
Proposed concept
Execution
Brief look at potential costs
Expected return on investments

Executive summary is necessary for those looking to get investors to fund their project. Instead of having to comb through the entire restaurant business plan to get all the facts, they can rather just look through the executive summary.

This is the part of the Restaurant Business Plan where you fully introduce the company.

Start this section with the name of the restaurant you are opening along with the location. Then contacts, and other related information. Also include the owner’s details and a brief description of their experience.

The second part of the company description should highlight the legal standing of the restaurant. And outline the restaurant’s short and long term tasks. Provide a short market study showing that you understand the trends in the local food industry and why the restaurant will succeed in this market. This is the first step that assist you in Restaurant Cost Calculation in Pakistan.

Industry Analysis

What is your target market and what demographics will your restaurant cater to? This section aims to explain your target market to investors and why you believe guests will choose your restaurant over others.

Competition Analysis

It’s easy to assume that everyone will visit your restaurant, so it is important to research your competition to make this a reality. Which restaurants have already established a customer base in the area? Take note of everything from their prices, hours, and menu design to the restaurant interior. Then explain to your investors how your restaurant will be different.

Marketing Analysis

Investor surely want to know that which methods you will use for marketing campaigns differ from what is already being done by others? How do you plan on securing your target market? What kind of offers will you provide your guests? Make sure to list everything.