How to Write a Restaurant Business Plan

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To write a restaurant business plan, consult a business plan format available online and research sample business plans to thoroughly include all of the relevant information. Draw up a business plan for a restaurant, which can help generate more cash towards the business, with advice from a business owner in this free video on business.

Part of the Video Series: Business Management
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Video Transcript

My name is John Niemira and I'm here at the campus of Steven Henager College in South Lake City, Utah. I wanted to talk to you today about writing a business plan for a restaurant. As you're starting up your restaurant or expanding your restaurant or starting to look for more cash for your restaurant, you need to develop a business plan. Business plan formats can be found online, but what you're doing with a business plan is explaining in detail what your business does; what you have done; what you plan on doing and how you plan on getting there. A business plan is broken down into about fourteen sections. You want to go from a format; you want to make sure you include all the relevant information. You want to use a sample business plan to develop your own business plan. It can be a complicated process especially if you're going to the bank or looking for financing. What the bank or your financier wants is a very solid business plan; whether you're studying a new restaurant or you're expanding your current restaurant, a business plan is a living document and needs to be updated all the time; needs to be very, very accurate and concise. For anymore information on this topic or any other business topic, you can contact me directly at my email jniemira@gmail.com

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