The restaurant industry presents many challenges such as addressing high food costs, finding staff members and standing out from the competition.
Luckily, there's one simple solution to all of the above– getting investors, landlords and potential customers excited about your restaurant with a restaurant feasibility study.
In this video, we’ll define a feasibility study, outline the sections it should
have, and identify the best practices you should follow when conducting one
0:00 Introduction
1:40 Defining a feasibility study
2:20 Questions when running the study
3:09 Go or no-go decision
5:17 Market overview & analysis
7:54 Business explanation
8:49 Financial projections
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Guided lessons for restaurant workers, owners and operators to get the knowledge they need to grow their businesses and succeed in their careers.
7shifts is a team management software designed for restaurants. We help managers and operators spend less time and effort scheduling their staff, reduce their monthly labor costs and improve team communication. The result is simplified team management, one shift at a time.
7shifts also offers free mobile apps (iOS and Android) allowing managers and employees to have everything at their fingertips.
Start your free trial or request a demo at www.7shifts.com
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