1. Write your business plan. Include your restaurant’s name, mission statement and objective, an itemized list for your startup funds, market research and analysis. Be sure to mention what’s your culinary focus like Italian or French.
2. Decide on the size of your restaurant. Do you want to start out with a restaurant that seats 80 to 100 people or more? To begin your business, start with your restaurant holding about sixty people. This way, your overhead will be moderate.
3. Contact a real estate agent specializes in selling commercial property. Your restaurant should be in area that’s visible to the public and in a moderately high traffic area. Look into downtown cities and metro areas.
4. Decide if you’ll be serving alcohol in your restaurant. If so, you’ll need a liquor license. Check your state’s requirements for a liquor license.
5. Go to your city or county’s clerk’s office to apply for your business license. You’ll need the lease or agreement on where your restaurant will be located and your driver’s license, Go to the IRS website to apply for your Employer Identification Number. To complete this process, you’ll need your restaurant’s business name and your social security number. Fill out the IRS-Form SS-4. Once you fill out the short application, submit it electronically to receive your custom EIN immediately,
6. Contact the Department of Health in your state to know the requirements for your restaurant.
7. Create your unique menu. Make samples of what will be in your menu. To calculate the cost of your dishes, think about the cost of the products, labor of cooking it and the employees, Making your prices competitive also helps build clientele.
8. Promote and advertise your restaurant in the local newspaper, radio stations and television commercials. Place ad coupons in the local publications near you like ten percent off the entire bill.