Tuesday, October 20, 2009

Buffet Business Plan

Step 1: Put together a buffet restaurant business plan.
Your buffet restaurant business plan should be comprised of at least 3 smaller plans. Your first plan should cover your business set-up. In this plan include important concerns like buffet business licenses. You might want to visit your local city hall for restaurant legal permits and you might want to call the Department of Health for food regulation guidelines. Your second plan should cover your restaurant management system. In this particular plan add details like restaurant opening hours, staff turn over and job requirements, restaurant rules and policies and pricing system. On your third plan, it should cover how to attract buffet clients. After your grand opening date, what will you do next? Do you want to use membership promos; early bird discount incentives or maybe use personalized give a way like buttons or calendars?

Step 2: Get financing and find a location.
Start up cost for a buffet restaurant business depends mostly on your licenses, location and establishment remodeling needs. First determine how you will finance these expenditures. Will you take a bank loan? Will you self finance it? Do you know someone who can finance it for you? Once you have identified a solution to financing, determine next where to start your buffet restaurant business. Talk with a real estate agent for possible locations for your establishment. Then hire an architect to help you design it then hire a contractor who can efficiently do a clean job on the physical aspects of your buffet restaurant.

Step 3: Have a delicious and attractive line of menu.
Variety in food attracts a variety of people. Hire chefs who can cook a variety of American cuisine, Spanish style or Mexican style menu, Japanese food and maybe a few picked specialty dishes. Different tastes attract a lot of buffet clients. Another idea that will separate you from other buffet business competitors is of how fast your crew refills the food on each food station and the manner they present it. Buffet clients love quick quality food service. And also make sure that all the food area is clean. Food stations will be swarmed by people who will refill their plates so expect food on the floor, counters, a lot of dishes with leftovers and a busy washroom area.

Step 4: Make records.
Know your restaurant numbers. Know your peak business hours, profit per client, and utility cost per customer. Record and monitor your inventory flow. Know the strengths and weaknesses of your buffet restaurant plan by the numbers you measure.

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