Thinking of establishing a restaurant business, here at things you must know.

[TOZZIBLINKZ]

We all know what a restaurant is but for more explanation every student is defined to be a place where cooked food and assorted type of meals are being sold so as to make profit and ascertain business income . In Nigeria the establishment of restaurant business is considered to be very lucrative this is possibly because we Nigerians have adopt the culture of cooking and majority of individuals over here are good at doing so . Establishing a restaurant business is quite profitable and very lucrative but it totally depends on how you manage and run it . Some newly-established restaurant business have totally shut down while others have gone bankrupt as a result of poor management and wrong funds facilitation .

If you are the business idea to establish a restaurant business it is first of all advised to consider the area in which you want to see to it the restaurant business . The ability and capability for a restaurant business to make profits totally depends on the population of the area in which it is situated . If you situate a restaurant business in an area with low population , possibilities are you will not make enough restaurant business sales , so it is advised to situate a restaurant business in an area with high population so as to make enough and efficient sales .

 

[CALVINDOL]

It is almost hundred percent accurate and effective to say that there is absolutely no streets or major road in Nigeria that you would pass possibly inside a car or on foot that you will not come across a restaurant this is because restaurant business is actually one of the prominent and well-known business establishment in this part of west Africa which is Nigeria my country . Establishing a restaurant business could be pretty easy but it totally depends on the area and location in which you sit with the restaurant outlet . Managing and facilitating a restaurant is definitely another thing that the business owner must never fell to know because the ability for his restaurant business to flourish thereby improving totally depends on how he manage and facilitate it .

One Factor to take to mine like I already mention is the location in with your restaurant business is situated . Population really matters for a restaurant business to make profit and if you sit with your restaurant business in an area with low population possibilities are you will make no profit but establishing it in an area with high rate of population where individuals go to and fro all the time could simply boost your business productivity . Another thing to take to heart is that your restaurant business shouldn't be hidden but whether established in an open space so that it could be widely seen by people . Finally , the quality and taste of your restaurant delicacies should be perfect an appealing because that is another factor that determines how profitable the restaurant business would be .

 

[Holicent]

Restaurant business is one of the most profitable businesses in Nigeria as it has been estimated that Nigerians spend a lot of money in restaurants and eating places every year. Hence, it is a good business opportunity to exploit. There are some things you must know when thinking of establishing a restaurant business in Nigeria.

The first thing to be aware of is the fact that the restaurant business is capital intensive and so you need enough money to start your own if you planning to stay in urban area like lagos. The amount needed for this venture may depend on the size and location of your restaurant.

The second thing to know is that you need a good culinary skill since you will be preparing foods for your customers yourself or you can hire a chef to do that for you. You need the right utensils, equipment, and manpower required to run your business successfully. You also need to invest in marketing strategies such as online advertisements, flyers, etc., while you can also open accounts on social media platforms like Facebook, Instagram and Twitter to make yours unique. You might not need to go this far. A City like Lagos is congested, if you know how to cook well, you will surely have slot of people to patronize you.

 

[Augusta]

For food business, from experience I think 3 hings are involved give customers better quality, good amount of quantity and find a populated location then selling becomes very easy. I see a lot of people here finish their food even before noon even with the quantities they had. Infact, some start cooking new ones because here is the urban center with a lot of people. So it is better to know what works for you and go with it.

In my location with the three factors I have mentioned above, anybody can succeed with a restaurant business. If one have money can add drinks to it too. People loves to take their meals with drinks so to make the business large it will be good to add drink selling to it. When once all of these are in place and you add good customer delivery to it, then you are sure making money off the business

 

[Chibson]

Restaurant business is very lucrative if you can be able to put the right things in the right place. One of the major things you need to look out for whenever you are starting a restaurant business is the location.

Your location can determine if you can be able to succeed running a restaurant business or not. It is always important and advisable for you to locate your restaurant in areas where by there is high concentration of people who do not have the time to cook for themselves.

That way you can be able to get a lot of patronage.

Another important thing you need to put into consideration whenever you are starting a restaurant business is the variety of foods in which will be cooking. It is always very important for you to specialise on a particular set of dishes. Having enough capital before establishing a restaurant business is also very important and necessary.