Vintage Restaurant (Startup Finance - Business Planning - Coaching)
You love good food and beautiful settings? It might be the perfect time to launch your own vintage restaurant business! The restaurant industry is not an easy world to strive in, but start your business idea with a clear differentiation strategy and you will definitely succeed. If you value a dynamic career that is community-focused, opening a restaurant is the right next step for you.
01 Startup Financing
Business Titans will help you to choose the best-matching financing method to your situation and to prepare you to get a good deal with the right partner. Speak to us about your idea and situation and get a free proposal how Business Titans could help you. Below is a preview of few possible financial solutions for your business project.
1. Bootstrapping: The right and wrong ways to set up your Startup with your own money.
2. Equity Partner: Money from equity partners can be good or bad for your project
3. Bank Loan: Be prepared for the tough due diligence checks of the banks. Get help for Due Diligence and KYC.
4. Friends and Family Loan: A sensitive topic with many attention points.
02 Business Planning
Business Planning is a continuous process of assumptions, risk assessments and revisions. It is not about the Business Plan but about the thinking process while you are setting up a new venture. Any serious business partner will challenge your assumptions and assessments. With Business Titans you get a diversified and professional sparring partner to brainstorm and starburst your business model until it is waterproof.
We help you to get the documentation you need in the right step with the right quality and format. Equiped with Business Titans certified documents, you will stand off in any forum.
03 Weekly Coaching
When the financing step is done and your business documentation is complete, it's time for action. A Senior Consultant will be accompanying you in a weekly personal coaching session through the milestones of your business. Your Consultant will check for examples and inspirations that match your unique situation. You will be supported with a personalized feedback to every aspect of your company: Legal setup, marketing plan, budget management, business development steps, sales pipelines, recruitment needs, product development, etc.
Business Titans will push you to achieve your milestones, stay in-line with your Business Plan and make you aware when and why a revision is required.
Check Out our New Starter Kit!
-
Strategy Roadmap - Your compass during the startup phase (6 pages pdf)
- Tools of Business - A collection of 80+ tools for any entrepreneurial situation based on 6 years of trial-error experience and lessons learned (14 pages pdf)
- Smart CEO Guide - Ways to raise efficiency and stay focused on the Strategy Roadmap (15 pages pdf)
- Social Media Marketing - A checklist with industry-standard best practices on social media (3 pages pdf)
- Customer Journey Stations - A one-pager exercise guiding you through the critical moments of dealing with customers (1 page pdf)
THE BUSINESS IDEA
As the vintage trend is thriving, don’t miss your chance to open your own vintage-themed restaurant. A vintage and cozy atmosphere is very easy to achieve with subdued lights, the right furniture (mismatched or antiques), a few chosen objects, and warm colors.
As a restaurant owner, you will have to work at non-standard hours, but your daily life will be exciting and rewarding as you will fill a need in your community.
Starting in the restaurant industry demands a high investment, but make sure to define a clear strategy and action plan focused on the vintage restaurant business idea to quickly earn back all that initial capital. The first steps will be the most important as you will have to choose a concept and brand that stand for the cozy style of your vintage restaurant.
Moreover, the restaurant business can generate a 15 percent profit-margin and much more depending on your niche.
YOUR MARKET
At first, your restaurant will mostly be visited by locals from your neighborhood. Focus on quality and on offering a unique experience to your customers to become the next gem to visit in town.
- Young Professionals:The vintage trend is the most popular with 20-30 young professionals. Transform your restaurant into a cozy Instagram paradise to attract your ideal target market.
- Festivals & Markets: With a well-defined brand, you will be able to promote your business and sell your specialties outside of your restaurant. Go to markets and festivals to attract new customers.
- Weddings: Host vintage-themed wedding banquets at your restaurant. Pictures and word will naturally spread about that perfect wedding place!
INVESTMENT
Opening a vintage restaurant demands a high startup cost, but the profit potential is important if you adopt a strong strategy from the start. Also keep in mind the following fees: business license, legal fees, kitchen and cooking equipment. Consult Business Titans to support on setting up your restaurant.
THE KEY BENEFITS OF THIS PROJECT
- Day-to-day life will never be boring with this exciting business opportunity.
- Meet many interesting customers and be a key player in your community.
- With a strong marketing strategy, generate an important return on investment year after year.
- Diverse branding possibilities and customer markets to target.
