Starting Your Own Restaurant In A Few Easy Steps- Part THREE
7) Set a budget and stick with it. This is one mistake that many seem to make. They bite off more than they can chew with their budget. They don’t anticipate certain costs. They factor in one thing, but not others. Please plan for everything that could be considered accountable with the budget.
8) Find the right people to help you out. What does this mean? Usually, this train of thought is attached to the investors. Sometimes business owners find the wrong investors. After this, it usually goes down hill from here. Please find someone really good to work with. Find someone who is thinking of you and your interests, not just the bottom line. If the guy is only thinking about the money, he could care less about you. This is usually a recipe for disaster. Please pick wisely. Take some time with this. If you need to take some extra time to find the right person, than do so.
You also should listen to those who invest in you and your eatery. They have been around long enough to know what they are talking about. If they have a few options, listen to them. Listening and hearing your investors will mean the difference between having a long-term success, versus just a short-term enterprise. Think about it.