Do you have a great idea for a restaurant that you just know is a winner? After deciding to make the leap into restaurant ownership, you'll need to get investors, landlords, banks, and many others on board to bring it to life. This means it's time for you to create your very own restaurant business plan.
- Best Restaurant Business Plan Software For Mac
- Best Restaurant Business Plan Software For Mac 2020
- Best Restaurant Business Plan Software For Mac Pro
- Best Restaurant Business Plan Software For Mac 2019
- Best Restaurant Business Plan Software For Mac Pro
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Creating a restaurant business plan is a big step and can seem daunting, but with the right advice and a few restaurant business plan examples, you can create your own.
Ready to take the next step? Download our free How to Start a Restaurant Guide.
Why Do I Need to Have a Restaurant Business Plan?
Restaurant business plans outline the progression and development of your restaurant from concept to multi-year strategy. Not only does it make your plans clear to potential partners, but it also gives you a roadmap to follow once things get started.
If you're thinking to yourself, 'Seems like a lot of work. I can probably just skip the hassle and wing it whenever I need to talk about my restaurant idea,' you should stop right there. No one will invest in a restaurant that doesn't have a solid plan for how it's going to succeed and make money.
The Best Business Plan Software. To judge suitability to task, I used data from two real business plans: a New Jersey restaurant startup and a nine-year-old horror film festival.
What to Include in a Restaurant Business Plan
Before you begin your own journey into creating a restaurant business plan, familiarize yourself with what the final product should look like. Each restaurant business plan will look a little different, but below is the must-have information for every plan.
1. The Overall Concept
This is your chance to get your readers, from potential partners and opening staff to investors, excited about your restaurant business plan—so excited that they want to get on board and help you out, whether that's a commitment to lending a helping hand or offering startup funding.
This is where you should also explain the type of service you plan to offer. Will it be fine dining or casual? Will there be wine pairings or is it a pay-at-the-bar kind of place? The type of service you offer has a serious impact on the overall concept. This might also be where you flesh out your restaurant mission statement. They'll also want to see which systems you plan to have in place, like your restaurant pos system and other tech, so include which options you are considering in your business plan.
Restaurant interior design is another key consideration here as well. Steel design software, free download. If you have thoughts on what your space will look like, or the design elements you plan to deploy, don't be afraid to include visuals. Business plans are text-heavy, so break things up with relevant images anywhere that you can.
2. Sample Menu
The next thing you will need to include is a sample menu. Be sure to highlight both your food and drink options. Because the menu is central to your restaurant and your brand, you should put substantial effort into this part of the restaurant business plan. Don't just list everything out—get as close to a full-fledged menu as you can. Include enticing descriptions and use a smartly designed format. This is a place to splurge on the help of a design professional if necessary.
3. The Team
From servers to management and partners, you'll want to include an outline of exactly how many people, and what positions you will need to make your restaurant run on day one. Be sure to pay particular attention to the composition and structure of your management team. These are the key people that can make or break your success. For example, will you be using consultants or affiliate programs? Partners and investors will want to see that you've thoroughly thought through how your restaurant will be run and the people who will carry out your business plan.
4. Target Customers
An essential question to ask while creating your restaurant business plan is, who are the people that are going to eat at your restaurant? Do a thorough analysis and include all of the demographic information you can, everything from age and income to their values and what they expect from the restaurants they already frequent. If you already have a location picked out, or know what neighborhood(s) you are interested in, include the demographic information for that area to show how it aligns with your target audience.
5. Market Analysis
Think about this section as answering the 'why' component of the previous question about your target customers. Once you've identified who they will be, outline why they will be choosing your restaurant over anyone else's. What void are you filling in the market? Do you offer conveniences that other local restaurants don't? Will you cater to the tourist crowd in a unique way? Highlight what sets you apart in your restaurant business plan.
6. Financials
Like the design of your sample menu, your financials are another place where you will likely want to solicit the help of a professional accountant. Setting up a budget will help you anticipate all the costs of opening a restaurant – there are always more than you expect! If you're asking people for money, they're going to want to know exactly where, how, and why that money is being spent. An accountant with restaurant industry experience will be able to give you everything you need to show investors, which is essentially a break-even analysis, a capital requirements budget, and a profit and loss (P&L) statement for the first few years.
Restaurant Business Plan Samples
Have a look through these restaurant business plan samples and see which style most aligns with your type of restaurant. Once you find a sample or two that you like, start to craft yours using a similar structure, layout, and language. Before you know it, you'll have your very own restaurant business plan ready to go.
If you're still feeling overwhelmed and staring at a blank Word doc, there are also online programs that can help. For a monthly fee, programs like LivePlan simplify the creation of a restaurant business plan by guiding you step-by-step through each section and prompting you with questions and examples.
Example of a Bar or Casual Restaurant Business Plan
Fast Business Plans, like the name suggests, is another resource for quickly whipping up the business plan you need. They have a specific focus on bar and restaurant business plans that really get into the nitty-gritty of how the restaurant will function and be successful. Bplans.com also offers business plans for sports bars specifically.
Example of a Fast Food Restaurant Business Plan
While the premise of a fast food restaurant might seem obvious, even fast food restaurant owners need a business plan to justify their ideas. MoreBusiness.com is an excellent resource for examples of fast food restaurant business plans, covering everything from products and services to facilities and locations, and much in between.
Example of a BBQ Restaurant Business Plan
Best Restaurant Business Plan Software For Mac
Profitable Venture has a great example of a barbecue business plan. They do a particularly thorough job of detailing each role they plan to hire for and how that role contributes to the restaurant, plus a forward-thinking expansion plan to show that they are in this for the long haul.
Example of a Breakfast Restaurant Business Plan
Since the University of Nevada, Las Vegas published SunShine Cafe: A Breakfast Restaurant Business Plan in 2011, it has been an integral resource for those looking to craft a breakfast restaurant business plan of their very own. Not only does the paper detail the workings of a restaurant business plan, it also offers compelling evidence about why they're so important in the first place.
'As many as 800,000 new businesses are started in the United States every year,' the paper explains, 'and it is estimated that 50% of those fail with some estimating that 90% of restaurants fail. Some of the main reasons that businesses fail are poor planning and lack of start-up capital. Research has shown that business plans can help reduce this risk by both doing the planning and helping a small business gain capital.' Adding something like this into your own restaurant business plan will show investors that you are serious about running a successful and profitable business and plan to learn from others' mistakes.
Managing restaurant effectively and efficiently is not an easy job and these restaurant inventory management software help in making the entire process smooth and easy. They help to maintain stock levels and avoid overstocking of items, procure materials in time, update menu items with right prices and increase the production of the employees. To know more about these software one can search Google using 'restaurant inventory software free', 'restaurant inventory management software, free download' or 'restaurant inventory app'.
Related:
ORCA Inventory & Ordering System
This software enables to automate the inventory and order processes. It makes tracking inventory easy by providing automated audits and comes with drag and drop items facility. It has excellent budgeting tools and makes invoicing and receiving process smooth. It enables financial tracking and updates recipe costs automatically as well.
PeachWorks Restaurants Made Easy
This easy to use yet powerful restaurant inventory management software comes with plenty of features. It helps to manage recipes, tracking inventory and manage employee schedules. It produces logs and checklist to enable smooth operations. It enables to share the information and comes with advanced reporting system. It can be easily operated by novice people also.
Business Plus Accounting Restaurant Professional
This is comprehensive restaurant inventory management software and combines point of sale system with business accounting system. It comes with menu item maintenance, inventory maintenance, employee management including scheduling, printing cash receipts and separate alcohol beverage maintenance. It provides more than 260 business reports and a robust point of sale modules for gift stores and catering.
CostGuard Food Costing software
This software maintains and manages all types of costing like recipe and food and liquor. It manages menu items, stock control and manages sales as well. It comes with efficient menu engineering reports to identify loopholes and facilitates maximizing sales and profits. It comes with variety of reports that are required for daily operations.
EZchef Software
This is robust and easy to use restaurant inventory management software aims at simplifying restaurant management. It comes with menu analysis tool to enhance profit. It comes with easy updating of menu items and prices facility. It produces order guideline reports to manage vendors and has a user-friendly and stunning interface.
Restaurant Inventory Management Made Easy
This is cloud based inventory management system which does not require any installation. It allows placing orders to suppliers and tracking them efficiently using mobile apps. It can effectively and easily track price variations and helps to reduce mistakes by tracking food costs. It facilitates delegation of work to the employees.
Maitre'D's real time inventory management solution
Best Restaurant Business Plan Software For Mac 2020
This excellent inventory management software comes with customizable and active worksheets. It allows making adjustments with ease using handheld devices. It comes with bar code facility to track inventory items easily. It comes with perfect purchase order system with e-commerce interface. It comes with full-fledged reports to analyze and increase profits.
SimpleOrder
This software provides all restaurant solutions under one roof. It facilitates online purchases, real-time costing methods for food items and stock management efficiently. It comes with excellent point of sale features, makes purchasing of items smooth and integrates with accounting system easily. It is compatible with mobile apps as well.
Count-n-Control
This is web-based inventory management solution and effectively controls your stocks to boost revenues. It comes with highly efficient access controls to monitor the changes made by the employees. It uses encryption technology to enable the secure data storing and perform safe bank transactions. It comes with many modules to choose.
Restaurant Inventory
This software manages the restaurant inventory by tracking them effectively and producing status reports and alerts for all activities. It is easy to setup and easy to use software and comes with highly flexible usability. It comes with robust reports and does automatic backup of data. It does not require any maintenance.
Xpress Way
This inventory software helps to minimize inventory costs by tracking each item efficiently. It provides complete troubleshooting report which helps to control item costs effectively. It helps to control overstocks of items and by managing item order system perfectly. It generates alerts to various levels of management about inventory activities.
What is Restaurant Inventory Management Software?
These restaurant inventory management software comes with many advanced features which helps the restaurant owners to achieve profits in very short period. They control purchase of items required for restaurant and track the sales perfectly so that entire cash flow is recorded in an excellent way. They come with card processing technologies which help to manage these transactions smoothly. They are built with very good point of sale functionality to manage entire sales operations easily. They help to increase employee productivity by scheduling for various activities assigned to them.
They are useful to get perfect price of an item and they perform intelligent operations to update the menu item prices automatically. They allow adding new menu items with ease and the entire billing process is made smooth. To understand more about these restaurant inventory procedures one can search Google using 'restaurant inventory spreadsheet', 'restaurant inventory template', 'restaurant inventory list' or 'restaurant inventory formula'.
How To Install Restaurant Inventory Management Software?
These restaurant inventory management software comes with installable files. The vendor also supplies installation instructions for these software. One can go through these installation instructions and understand about installing these installation files. If any prerequisite files to be installed one can check the website and get these files installed before beginning to install the software. One should be aware about version for which they are installing since different installation files comes for Windows, Mac Os and Android platforms. One can check the software website for any installation information or get assistance from software vendor helpline or customer care executives and complete installation.
Benefits And Best Features Restaurant Inventory Management Software
These modern restaurant software updates the menu items frequently so that the employees can take orders only for the menu items that are available. Processing an order and serving the menu item is made quite easy and everything is automated. With the help of a couple of systems one can run the entire restaurant show easily without the burden of managing many employees just to serve the customers. Billing process is made comfortable and accurate using these software. One can rest assured that cash flow is safe and processing payments through credit or debit cards made hassle free.
By utilizing these software one can see great improvement in inventory process by maintaining stock levels perfectly and avoid shelving of items unnecessarily. They help in getting complete satisfaction and appreciation from customers for the advantages that are provided by the high tech tools and their accuracy. They come with good interfaces and easy to understand mechanism.
Other Restaurant Inventory Management Software For Different Platforms
There are a many restaurant inventory Management software available for different platforms. Since the restaurant inventory managementsoftware relies completely on the platform that you are using one should make sure for compatibility. For example, there are restaurant inventory management software that are explicitly meant for windows, android and Mac Os, etc. versions. A user can select the perfect one based on their need.
Great Free Windows Restaurant Inventory Management Software – SmartRest
This is one of the best software for restaurants and it is easy to use as well. It helps to control the stock pretty well and reduce purchasing unnecessary items. It comes with touch screen facility and even novice can use the software with great ease. It works quickly too and has mobile app as well.
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Great Free Android Restaurant Inventory Management Software – FoodZaps Restaurant POS + Mobile Ordering System
This is complete restaurant point of sale system which is cloud based and easy to setup and maintain. It updates the menu frequently and can monitor the cooking process. It manage inventory effectively and provides stock alerts. It comes with great billing features and provides sales and many other important reports.
Best Restaurant Business Plan Software For Mac Pro
Great Free Mac Os Restaurant Inventory Management Software – Inventoria Inventory Software
This restaurant inventory Management software helps to manage inventory in effective manner. It comes with great purchase order system and produces stock reordering alerts. It comes with stock level reports and allows viewing inventory position by different criteria. It can maintain transfer of items between two locations. It allows setting access permissions to users.
More Restaurant Inventory Management Software for Windows, Mac and Android Platforms
For windows platform some of the restaurant inventory management software is 'Restaurant Epos Software', 'Trade Restaurant Software From', 'TradeMeSoft Technology', and 'E-Restro'. For Mac Os version some of the restaurant inventory management software is 'BC Resto' and 'Expodine'. 'ChefSheet', 'Syrus Web Inventory Solution', 'AccuPOS Restaurant', 'Restaurant Inventory App', 'MarketMan For Restaurant' and 'Food Planner' are some of the restaurant inventory software for android application.
Best Restaurant Business Plan Software For Mac 2019
Most Restaurant Inventory Management Software For 2016 is – RADAR
This software helps to increase revenues for the restaurants by effectively controlling costs and improving performance. It comes with mobile apps to do operations on the fly. It helps to maximize employee productivity using schedules and forecasts. It comes with various costing methodologies like food and recipe. It helps to modernize inventory system and integrates with accounting system.
Best Restaurant Business Plan Software For Mac Pro
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