Starting a Profitable Restaurant Business

Restaurant business is no doubt a lucrative business in Nigeria it is an all season business. Everyone needs to eat at least once a day, while most people eat three times or even more every 24  hours. Nigeria been a country with a huge population and large middle class earners contributes to the potential success of starting and running a restaurant business.

Restaurant business is one business that has been creating millionaires in Nigeria for decades. They will always be the need for places to eat out. You can take advantage of this opportunity and start your own restaurant business in Nigeria today.

Small Scale Restaurant is very easy to start and low capital intensive. It can even go together with  Beer Parlour Business but I prefer it as a stand-alone business because, not everyone is comfortable eating in a beer parlour. Being one of the few businesses that is not affected by any economic meltdown  People must eat no matter how poor they are, no matter the situation they are, even if unemployed. Anyone can eat even if it is with the last penny he or she can afford, that’s what make restaurant business very lucrative. I think serious investors should give it a serious look.

Good Space For Your Restaurant

Everyone likes to enjoy his food in a spacious laid back environment. Make sure you get a place as nice as possible you can afford – In fact, your major investment should go into this. If it’s going be a shop, let it be the one with extended frontage so that you can build canopy to afford your customers more seating space.

Learn everything you can about the restaurant business

In business, knowledge is power and the application of knowledge is advantage. To start a restaurant business and succeed, you need to know everything about running a restaurant business and the entire food industry.

Furnish Your Restaurant

You can hardly eat in a place that doesn’t look nice and so do many; make sure your restaurant is well furnished to taste. The quality of your food and the type of cook you are can be perceive through your restaurant furniture

You can get a local carpenter who (with proper supervision) will do very good furniture at lower cost for you. I wouldn’t recommend plastic chairs and tables, it makes your restaurant look unorganized, cheap, and untidy. But if that’s what you can afford, then you go for it.

A restaurant business plan must contain the prospective location where you will build your business establishment. The location must be void of competitors, and filled with people who usually visit other areas just to eat.


Restaurant Utensils and Accessories

Ceramic and Breakables are the preferred type you should go for and they are not very expensive. Feeding is a very sensitive thing and a lot of people don’t take what goes into their stomach lightly, it’s not just about filling the stomach, it’s about satisfaction, health, and enjoyment. While you make effort to prepare good foods for your customers, make sure you don’t ridicule your effort with cheap plates because, food look and taste better when served in a better plate.

Employ Good Cook

People will fall in love with your food if they are well cooked and taste great, make sure the Cook you intend to employ knows how to cook different types of meal very well. If you wants to do the cooking yourself, don’t just do it because you want to work hard and minimize expenses, do it because you can cook very well.  I wouldn’t waste my money twice in a bad restaurant.


Create the restaurant menu

Of course, you should never forget to write down the menu of your restaurant in while writing your business plan. It is advisable that you should create a menu that you can surely serve once you launch your business.

Also, the menu should include the special dishes your chefs and kitchen personnel can provide to your potential consumer. Together with the specialty dishes, you must include some national or local dishes in your menu to attract customers immediately.

Now you must bear in mind that the menu of a restaurant can either make or break the restaurant. The menu of a restaurant should be in accordance with the overall concept of the restaurant.

Employ people

Lack of qualified or experience work personnel is one of the greatest challenge restaurants face. When advertising for employees, make sure your advert clearly states the exact character, qualities or skills you are looking for in an employee.

This strategy will help you to get and retain qualified employees. Specifically state the job duties and responsibilities of an employee when caring out your adverts. Also, try to find out what other restaurant are paying their employees.

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