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Checklist For Opening A Restaurant Part 1

A checklist for opening a restaurant is critical in minimizing expenses and maximizing  future profits.

21 Things You Should Have On Your Checklist

• Create a business plan
• Read up first on what a good layout for a restaurant floor is, consult with other restaurant owners that will share their experience, consult if necessary with a consultant, look for samples that will allow you to maximize your future sales
• Prepare your restaurant layout and design - How you layout your floor plan Is crucial if not super critical, being that if you do not layout your concept correctly it can be a very costly mistake period. Be very careful with this step which can cost you heavily in future restaurant daily sales and future profits over the life time of the restaurant.
• Determine restaurant start up costs
• Research alternative ways of restaurant funding understand the various ways of getting financed especially any dealing with alternative financing.
• If you are opening a restaurant and will have a liquor license you may qualify up to $50k additional alternative financing
• Seek financing - obtain loan
• Form your legal entity
• Seek out a great location with proper zoning ( contact your local commercial realtor in the area you are seeking to open your restaurant and get advice from them )
• Go back to your business plan and make changes to it based on location selected
• Call for initial inspections find out what has to be done call 311 in nyc info line to find out whom you have to call if not in nyc call your city hotline ( Fire marshall, building inspectors, health inspectors, etc )
• Go back and make changes to your budget based on requirements to set up and open
• Now get your lease or sales contract and negotiate your best deal you can
• Get a building permit
• Get FEIN # ( Federal Employer Identification Number )
• Get Sales tax Id
  
• Go to bank and open a separate business account
• Get city and county business licenses
  
• Get all paper work for liquor licenses and fill out if you are getting a liquor license
• Sit down and now create a Master List for furniture, equipment, decor, everything from table settings to pots and pans and number of each items needed.
• Seek out where you can pick up equipment at a fair price even used restaurant equipment is an option, all equipment must be working and in place before inspections take place

( Apply now )

Call now: 718-512-8587