Monday, May 18, 2009

Top 10 Starting a Restaurant Mistakes

Having your ideal blueprints of restaurant kitchen designs is but a step towards materializing the physical structure. Business proposals and business loan, should you need it, are easier to do when you have the material and the means. Starting a restaurant business, however, is the most critical stage in the whole set up. This is where you need to be wiser in your decisions because once the business is started, you can never simply step back. Unless you are willing to waste a good amount of capital investment, you must take into consideration the following top ten mistakes. These are the major mistakes committed by some restaurant owners:

Here are the common mistakes done by new business start-ups:

1. Disregard in coming up with an ideal business plan before pushing through with the business.

2. Lack of desire for perfection and what is considered to be the best.

3. Self-possessed and deaf to others' ideas and opinions.

4. Negligence to procure sufficient funds to last until the business is already self-liquidating.

5. Putting too much confidence and reliance in profits earned during the coming-out period.

6. Unavailability of operational system or organization and training materials for trainees.

7. Too pleasing towards every customer's demands, forgetting the identity of the company.

8. Incapability of looking beyond personal wants and likes.

9. Unrehearsed towards possible catastrophe during the launching period.

10. Absentee owner and too much reliance on employees

If you are set on making a complete success on your restaurant business, run it personally. Seek advice and be open-minded. Strive to achieve the best and not simply what is acceptable.

Starting a restaurant business is extremely hard in the beginning especially during this economy downturn. Being an entrepreneur in this restaurant business, you have to take risk at certain times. But, there are some risks can be overcome if you understand the common start a restaurant mistakes. For more information on starting a restaurant business, visit http://openrestauranttips.com

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