Archive for September, 2010

Running a Business: Tips from the Trade

Sunday, September 5th, 2010

People often romanticize how much fun it would be to open a restaurant. The facts, however, show that 90% of businesses fail in the first year.  Here are a number of suggestions to consider when starting out with your own deli.

You’ll need start-up capital in the beginning.  Opening a restaurant is much more expensive than most people think.  According to RestaurantOwner.com, you’ll need somewhere between $125,000 and $450,000 for leasing your space and starting up.  Make sure you’ve taken care of all of the legal requirements for starting a business.  File the necessary paperwork, secure your business license, etc.

Locate the right restaurant space for your deli and purchase the necessary equipment.  This includes refrigerators and grills, but it also includes the cash register, cleaning tools, decorations, tables, chairs, table clothes and more.

Create the right menu for your location and your clientele.  Hire your staff carefully.  Get all of your printed materials done including menus, specials boards, restroom and exit signs and the like.  Get ready to market your restaurant with signs, online marketing tools, Facebook pages, billboard advertising and whatever else you can afford!