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The journey from your wonderful and exciting restaurant idea to serving your first customer is a trek that requires commitment, stamina, willpower, and creativity. It also requires a plan.

This journey can be one of the greatest learning experiences of your life, and it can also be difficult. If you don’t have a plan, it will be painful as well. Many aspiring entrepreneurs have great ideas and set out on their journey without a road map. They open up shop without preparing themselves for the many aspects of business ownership. And then something they didn’t expect destroys them, and they close the shop. Those with a plan end up in much better shape. This chapter will help you develop a business plan so that you don’t get lost on the way to achieving your dream.

Why Build a Business Plan?

Building the restaurant of your dreams requires a sound plan, but creating a business plan is not an easy task. The best way to approach it is to write down everything you want to accomplish with your restaurant and proceed from there. Treat the business plan as a road map to your business.

By writing down your intentions, you will know what you expect of yourself and your business, and you will make decisions accordingly. If your plan is well done, you will be able to use it to make the right decisions for your business.

Your attitude has plenty to do with the effectiveness and efficiency of your business plan. If you understand why you need a plan, you will have a better chance of making it work. If you don’t understand why you need a plan, keep studying until you do.

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