Restaurant Budget & Forecasting
this course: Learn the essential steps to ensure your restaurant’s success. Avoid common pitfalls and gain templates for team collaboration and investment. Suitable for restaurant operators, managers, owners, and industry professionals.
What you’ll learn
- 7 Year Forecast
- OPEX: Operational Expenditure
- CAPEX: Capital Expenditure
- Payroll
- Daily Revenue Drivers
- Property Cost
- Total Project Cost Analysys
- Food and Beverage Cost
- Competitor Analysis
- Planning the Opening Using the Provided Planner
- Write a Comprehensive Feasibility Study
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9 restaurants out of 10 fail within their 1st year!
The main aim of this course is to ensure you are NOT one of them!
After working my way up the past 25 years, from the very bottom and seeing all aspects of the restaurant operation as well as owning my own restaurant brands in 2 countries, I have identified the areas where most people drop the ball.
The magic word is ”Detail”.
I am sure you have heard of those naive entrepreneurs with zero experience in this industry who say ”hey, I would love to own my own little restaurant. How hard can it be? It’s just cooking and serving”. Well, some of these naive ones have lost their life savings, lost their marriages and have become depressed as a result of rushing into it.
This course is designed for those that need to get it done and those that don’t need to hear of how restaurants were invented hundreds of years ago. It get’s straight to the point, it is easy to understand, and gives you templates that you can keep and use with your team and also to raise investment. I have been where you are today and I understand how busy you are and how keen you are to get started.
You will learn the very first steps that you HAVE to take before spending a dime on Branding, Design, Consultants, etc.
Do it right and you will be part of the 10% that SUCCEED! So take your time and don’t rush. I promise I will get straight to the point. Enjoy!
Who this course is for:
- Restaurant operators, restaurant managers, restaurant owners, customers, employees, chefs, restaurant associations, hospitality industry, restaurant policy makers, CEO, directors, self employed, multinational companies, business students, caterers, suppliers and partners
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