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The Top Five Startup Costs Restaurant Owners Need to Know

Modern Restaurant Management

Food and Beverage Inventory and Paper Supplies. Similar to your payroll expenses, your food and beverage expenses are going to vary depending on the type of restaurant you run. In general, overhead expenses related to food and beverages should be between 35 and 40 percent of your total revenue. Licensing and Permits.

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Going Mobile with Contactless ID for the Post-COVID Restaurant Experience

Modern Restaurant Management

To date, a thorough look at an ID requires handing over a physical credential – but now, the prospect of mobile driver’s licenses (mDL) opens the potential for accurate contactless ID checks as an important part of the overall move towards safer transactions. Every effort is being made to ensure customers feel safe and protected.

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How to Buy a Restaurant: An Ultimate Guide

7 Shifts

You have the advantage of a built-out kitchen with equipment, bars and dining rooms, technology, parking lots, and more. Tack on obtaining permits and licenses, and you could be in for a pretty big check. Equipment Costs and Condition More than likely, you’ll be purchasing all of that equipment when you buy a restaurant.

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How to Open a Coffee Shop: The Ultimate Guide

7 Shifts

Obtain Permits and Licenses. Sourcing Equipment. This includes but is not limited to your equipment, permits, menu, and marketing. Rent, equipment costs, supplies, marketing, and paying staff are among the costs you'll incur when just starting. Business License. Liquor License. Research the Market.

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How AI Is Enabling Restaurant Labor Compliance

Modern Restaurant Management

In addition to more wide-ranging compliance requirements like general health & safety guidelines and local labor laws, there are food and beverage-specific safety regulations , requirements for specialty licenses (such as those to serve alcohol), and unique stipulations on labor compliance, many related to the employment of minors.

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Owning a Bar: Everything You Need to Know

7 Shifts

Equipment : What equipment will you need? Sourcing the Right Equipment Your budget, target market, and concept will dictate your equipment needs. The size of the space is important, as you'll need enough room for customers and all of your bar's equipment. Your team : Who do you need to make this work?

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The Ultimate Guide to Restaurant Costs

7 Shifts

Not only do you have to manage many costs including, labor, equipment, and food—but you have to do it while dealing with inevitable price increases. In this guide we won't worry too much about the differences, but in general: A restaurant cost is a one-time expenditure on a material resource like food, liquor, dishes or kitchen equipment.

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