Business Plan (Restaurant) Essay Example | Topics and Well Written Essays - 2500 words

Business Plan (Restaurant) - Essay Example The main logistics issued discussed include outlining the processes for opening a restaurant in London, recruitment of workers, location of the restaurant and estimating competition from other restaurants in the area. Some possible future problems are highlighted and solutions needed to tackle them are presented. For example, the issue of credit or financial crunch is elaborately discussed and the managerial methods required to steer the restaurant into financial survival are clearly explained in the report. Setting up a restaurant in London City might be an interesting investment based on the teeming number of people that live in the city. London has been regarded as the most multicultural city in the entire European bloc: Most London residents come from a variety of backgrounds rich in local cultures and cuisines (Wilson, 2006). The importance of this status is that any restaurant opened in the city will definitely find buyers for its kinds of foods and drinks, be it African, Asian, European or Native American. As the cultural centre of the United Kingdom, London City also attracts a host of visitors from all over the world. These are potential customers who are willing and ready to order for any dishes that serve their best interest. This, in essence, is the most interesting part of the Cultural Revolution through diversity that London has been promoting for ages (Parijs, 2004). Starting a restaurant in London may not be an easy task: but, it could bring a satisfactory result if it is properly undertaken. There are some factors to consider: where to locate the restaurant? What kind of menu should be served at the restaurants that would be quite competitive to invite customers to the tables? How to go about hiring workers to help in the daily operations of the restaurant? What appropriate managerial policies to implement in order to successfully run the restaurant business? All these logistics requirements point to the fact that doing business in