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Opening your restaurant: the 6 essential steps to follow

Every day, nearly three people in France take the plunge and open their own restaurant. Are you tempted by the adventure? FoodMeUp has listed for you the 6 stages not to be missed.

Hind Andaloussi03/14/2020

Every day, nearly three people in France take the plunge and open their own restaurant. Are you tempted by the adventure? FoodMeUp has listed for you the 6 stages not to be missed.

You will have to think about the concept behind your project: what will be the name of your restaurant? The type of dishes you will be offering? The price range in which you will position yourself? The desired atmosphere and decoration? This is how you will determine your competitive advantage. The key is to be consistent and to think about the restaurant as a whole: this is how you will build a real identity for it. Also imagine your target; her age category, her needs, and why she will be visiting your restaurant.

2 - Know your environment

To do this, establish a quick market study. Optimal, your market research will diagnose the current catering market (its nature, its trends), the potential clientele (its mode of consumption, its habits and behaviors) as well as your competitors (who are they? What is their strategy, their competitive advantage?). Market research is an important step because it will allow you to project yourself concretely.

3 - Choose your location carefully

Make sure you find the ideal room by asking yourself the right questions: is it in a busy place? Is the establishment visible from the outside? Is it close to a parking lot, to public transport? Where are your competitors? If your establishment is near other restaurants: is this a risk or an opportunity? You may also be considering taking over a business, in which case the same points will have to be raised.

Restaurant opening

Profitability calculation for your business plan, preparation of your card, global management to start with confidence...
Open with confidence

4 - project yourself financially

Build a file that will establish your financial assumptions and forecasts for the next three years. Expenses, loans, sales forecasts… These estimates, even minimal, will be very useful to you. They will force you to put your project flat and thus better represent it to you. Above all, it will also help you to present your project in a concrete and operational way to your bank.

5 - make sure you don't miss any procedure

Before opening your restaurant, you will be asked to complete a number of formalities.
In particular, you will need to obtain an operating permit, obtain a license authorizing the sale of alcoholic beverages and undergo hygiene training. Also, keep yourself well informed of the various safety standards, accessibility to respect and authorized opening hours. Above all, make your administrative opening declaration with your town hall (or at the police headquarters if you are based in Paris), and if your restaurant has a terrace, ask for authorization. These procedures take place at least 15 days in advance.
Finally, don't forget to register with the Trade and Companies Register and write your legal statutes.

6 - Have someone accompany you!

The profession of restaurateur requires a lot of versatility. It is not easy to manage all aspects of the profession, which is why it will be beneficial for you to equip yourself with a solid working tool, which will boost your efficiency. Our solution acts as a mentor: it will optimize your management and thus save you time and profitability.

Photo © Henry & Co. on Unsplash