How To Easily Write A Restaurant Business Plan [Step-by-step] | open a restaurant 2022
Published 2019-10-24
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🚀 FREE COURSE ON HOW TO START A FOOD BUSINESS
[Playlist] Foodiepreneur’s Finest Program - swiy.co/start-FPF-program
🚀 FREE COURSE ON HOW TO START A RESTAURANT BUSINESS
[Playlist] Profitable Restaurant Owner’s Academy - swiy.co/Start-PRO-Academy
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👀 ABOUT THIS VIDEO
If you're starting a small business, startup, or joining the food and beverage industry (cafe bar ice cream shop pizza shop CPG etc), the first thing people will tell is to write a business plan. But what is so important about a business plan? There are several reason: to help you have a clear picture of your business, set key milestones and goals, a plan you can refer back to, and more. Having a business plan is essential to starting a business. Many people make the mistake of skipping this important step and just winging it. In most cases, it doesn't go well if you do that and you set yourself up for a lot of misalignment.
So if you're looking to learn how to write a business plan for your small business, or you're an upcoming restaurant owner looking to learn how to write a restaurant business plan, or on the move to open up a restaurant, keep watching!
Chapters:
0:00 Intro
0:22 Why A Restaurant Business Plan Is Essential
0:30 Reason 1: Raise Funds
1:00 Reason 2: Find A Restaurant Business Partner
1:37 Reason 3: Be Clear How To Build Your Restaurant
2:15 Disclaimer on how to write a restaurant business plan
2:43 Element 1: Your Restaurant Concept
5:25 Element 2: Your Sample Menu
7:15 Element 3: Your Management Team
9:15 Element 4: Your Restaurant Design
11:36 Element 5: Your Target Market
14:38 Element 6: Your Restaurant Location
17:08 Element 7: Your SWOT Analysis
20:03 Element 8: Your Restaurant Marketing Plan
22:08 Element 9: Your Restaurant Financials
26:54 Secret To Building A Profitable Restaurant Business
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📚 RESOURCES
🛠 Community & Tools
[EQUIPMENT] Tools & software I recommend using -
learnnow.wilsonklee.com/toolsYT
[MARKETING] Learn marketing tricks that McDonalds & Starbucks use - gumroad.com/a/691410035?utm_content=wilsonklee
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👤 ABOUT WILSON:
I’m Wilson, your new food business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success.
I have got nothing to sell you as I’ve left the food industry as of 2022.
My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through.
If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them.
All that I ask is if you find the content valuable, please smash the LIKE button and consider Subscribing. Share with a friend who can benefit from this so we can continue to spread more positivity around the world.
I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. You don’t have to take my word for it. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member.
Find more great resources, check out www.wilsonklee.com/
All Comments (21)
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Here is the list: 1. Concept 2. Sample Menu 3. Management Team 4. Design 5. Target Team 6. Location 7. Swot Analysis 8. Marketing 9. Financials It's impressive how you sharply explained those in less than 30 minutes! This content is noteworthy indeed. ✍ Thank you for sharing, Wilson. 🙏
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Can you make a video about equipment one needs for a restaurant kitchen
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Hey Wilson great and helpful video. Keep up the great work and thank you!
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This was super helpful.. I started a restaurant b/s in 2018 and it failed within the 1st year I gave up and closed down am learning soo much that I did wrong planning to start one some day I hope and trust that it will work am investing alot of time learning about how to run a successful restaurant business
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Hey Mr. Lee! Thank you so much for making this video! very helpful! Bless!
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Thanks brother your channel has some great playlist!
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This video was awesome! Thank you for such detail. ALSO I LOVED that you put up the text pop ups which allowed me to pause the video to think and write down!
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I really appreciate you for taking your time to explain and educate us on this basic elements. It really helped. I am a student from university of Ghana. I want to have my own restaurant and I have been browsing to learn on how to go about things. Hopefully with time and God I will accomplish this big dream 🎉❤. Love to everyone reading this ❤
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Super helpful …thank you so much ! 🙏🏻🙏🏻🙏🏻
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Had a meeting today with my mentors and your video was a much better explanation regarding "the why and how" to projections. TY much!
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Thank you for showing this.. Helped me a lot on getting started on my restaurant idea.
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thank you!!! you helped me a lot with a lot of ideas ,keep the videos coming .
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Thank you so much, been following you just yesterday but I learned a lot, Binge watching your videos. Thank you so much!
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Great content very helpful as always. thank you
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This helps so much . Thanks Wilson! all the best;)
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Thank you, Wilson! I have an assignment due tomorrow for a program I was fortunate enough to be accepted into. We have to present what we think a business plan for a food business should be. This helps me a lot!
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The longest video i watched from start to finish. Made me learn a lot 🤙🏻
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great videos. very informative. i have been watching all your videos repeatedly because they inspired me a lot.
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I love your videos man very helpful bro
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Your video is really helpful, easy to understand and inspiring specially for new /aspiring entrepreneur like me. Very well explained. I stumbled on your video trying to search for a business coach for our milk tea business plan here in Italy. Looking forward to hear more ideas and strategies. Thanks so much and more power to your channel.
