Business plan for restaurant and bar

1
Ribbon by Mr Rehan Shaikh
2
5 Important Keys To Ponder When Creating A
Business Plan For A Restaurant
Lack concepts on what dynamic information to
incorporate in a business plan for restaurant?
Muddled on how to do it right? If so, you are not
alone as at Ribbon we exactly know what the
entrepreneurs are looking for. When we are
talking about opening a restaurant business, the
first thing that should strike an entrepreneur is
to have a good business plan that can make the
restaurant business a moneymaking business in the
future. Business plan holds an integral place for
a restaurant, since all the thoughts mentioned on
the business plan will be the formulas and key
points needed to run the entire business. Here
are 5 important key factors to consider while
creating a business plan. A Good restaurant
concept This is the most vital part needed to
start a restaurant business. There are many types
of restaurant businesses that focus on specific
cuisines from around the world, for example,
French or Mediterranean cuisines, pizzeria or
Italian food, Asian or Chinese cuisines or
perhaps simply a café style restaurant. After the
idea of the restaurant has been decided, the
entrepreneur needs to jolt down several
objectives with specified descriptions and
general summary of what the restaurant aims to do
in the future.
3
Target market for restaurant For a restaurant
opening in Dubai, it is important to identify the
target market or else the restaurant will have no
customers and no profit. It is vital for a
restaurant to target a specific market. When
generating a business plan for a restaurant, the
concept and the target market have to
match. Menu and pricing strategies When an
entrepreneur is planning to start a restaurant
business, it is important to decide the kind of
food they want to serve depending on the
restaurants concept. Having a good menu design in
Dubai is important. Most restaurant owners prefer
to choose the cuisine that they love, as it gets
easier for them to create menus and price list.
The pricing list depends on the location, the
feasibility of the business and the selected
target market.
4
Location A perfect and good location will
influence the success of a restaurant business.
The chosen location must target a specific market
in order to run a profitable and steady business.
There are many aspects that needs to be
considered while choosing the location, such as,
whether it is in the shopping mall, city or sub
urban area, office buildings, etc. An integrated
marketing plan Lastly, marketing is important
for a good business plan for restaurant since
every future action is related to marketing and
promotional service activities, which strongly
depend on a marketing plan.
5
Our Projects
Following are our Top Projects in Middle
East Click on link for more details
http//www.ribbon-me.com/our_projects.html
6
Contact Us
Ribbon, Office 1205, Burlington Tower Al Abraj
St, Business Bay P.O.Box 6651, Dubai, UAE Tel
(971) 4360 5758 Email info_at_ribbon-me.com Website
http//www.ribbon-me.com