In this part of your strategy, you need to envision how much seed financing your venture will require.
Some things to consider are the costs of interior designing, furniture, cutlery, and hiring staff.
After giving a high-level overview, you also want to include your go-to-market strategy and a detailed financial breakdown which lists your likely capital and operational expenditure, headcount, and when you project to break even.
Let's discuss the modalities of this strategy and what a typical structure looks like.
Your menu, pricing, and projected visitors should also be factored in.
Of course, you're in the business for the long run so try to estimate how much you will grow year-on-year in terms of revenue.
The introductory part of your plan will outline clearly the mission statement you see for your restaurant.
Perhaps it is to create a culinary experience like no other.
How will your restaurant set itself apart from others?
What are your key goals and objectives within a specific timeframe?