Restaurant Business Plan Template

Restaurant Business Plan Templates

Quality Business Plan has two restaurant business plan templates (a basic restaurant template and an advanced restaurant business plan template) and financial projection templates ready for restaurant entrepreneurs to customize in about 30 minutes! 

Before starting a restaurant, whether it be a quick service, casual dining, or even a food truck, entrepreneurs should have, at the very least, a basic restaurant business plan with up-to-date proforma financial projections.  The important sections of a restaurant business plan template would include the restaurant's executive summary, company description summary, current restaurant industry research, marketing section describing at least three marketing channels, a categorized funding request section, and pro forma financial projection including month-to-month profit and loss for the first year and subsequent 5 year proforma income statement financial projections (1/23). 

Unfortunately, most restaurant business owners have no clue how to write a well-prepared and structured business plan for the restaurant.  From this, the need for a restaurant business plan template and customizable proforma financial projections model is critical.

Benefits from Usine Our Restaurant Business Plan Template

Restaurant entrepreneurs may enjoy numerous benefits from the use of our customizable restaurant business plan template and proforma financial model.  For example, restaurant entrepreneurs often face constant variable cost changes daily, weekly, and monthly.  An example of this would be when container or marketing prices increase moderately or even substantially.  When this happens, inevitably, the restaurant's net profits will be impacted.  However, with our customizable restaurant pro forma financial model template, restaurant business owners can estimate specific menu price points or average dining revenues per customer and then change the number of customers needed daily to achieve the required net profits.  This flexible strategy may be utilized until a target number of diners, and price-per-customer figures are achieved to ensure adequate sales and net profits for the restaurant (1/23).

A second of the numerous benefits of our flexible restaurant business plan template and financial model is that we include a table of contents at the beginning of the template.  Most professional restaurant business plan writers and even novice writers all too often fail to fully appreciate the benefit of having a table of contents for the restaurant business plan.  A table of contents will help the reader quickly identify critical parts of the restaurant business plan which they want to review.  Not only is this convenient for the reader, but it also shows foresight and attention to detail for the restaurant entrepreneur (1/23).

A final benefit of using our restaurant business plan template and restaurant pro forma financial model is that we separate the executive team salary, manager salary, and employees' hourly pay into different line items in the financial model.  By separating employees, managers, and executives, the restaurant business plan writer is able to show labor costs in detail.  This is helpful not only when the owner needs to control costs but it is also beneficial for scheduling and for hiring purposes.  Finally, hourly rates, monthly hours worked, and even the number of employees may be changed in this model to ensure accuracy of the business owners vision (1/23).