The introductory part of your plan will outline clearly the mission statement you see for your restaurant.
Perhaps it is to create a culinary experience like no other.
Prices will be competitive with other upscale restaurants in the area.
However, it is the strategy of Gabri's Lounge & Restaurant to give a perception of higher value than its competitors, through its food, service and entertainment.
How will your restaurant set itself apart from others?
What are your key goals and objectives within a specific timeframe?If you are unsatisfied with the culinary experiences in your city, then it's possible that you may want to show others how it's done.This represents a neat juxtaposition behind your passion (food, in this instance) and the problem it solves (lack of quality establishments).Conceptualizing a well-crafted plan is an excellent idea, especially when you consider that 60 percent of restaurants fail in their first year.Plainly speaking, a business plan represents the vision of your proposed company.Our food products will be of the finest quality and prepared with sensitivity and care. We will change our menu every 3-4 months, but we'll keep 'your favorite.' Portions will be modestly sized with an attractive presentation.Our wine list will be modest in size and primarily focused on wines from California, France, New Zealand and Argentina.It's important to elucidate this mission clearly to all your employees and keep refreshing it at regular intervals so that everyone's aligned.The next few slides should talk about your competitors and the strengths of the founding team.Fortunately, some resources can point you in the right direction; we recommend starting by writing a business plan as it brings clarity to your vision.In this article, we'll try to unearth the practical steps for writing a business plan for a new restaurant.