BUSINESS PLAN

Working hours and new styles

With pleasure.
Restoration is a business 'sensitive' that requires constant dedication and cust
omer service. The value for money is crucial, but your best weapon-mouth adverti
sing will be heard.
Life favors the growth of restaurants
The table is
Dedicate to the restoration can be a worthwhile investment if you choose the rig
ht place, you have reasonable culinary expertise and above all, offer an exquisi
te service to the customer. Yes, get ready to run a business many sacrifices.
Decoration
s is essential to capture the public if your establishment is aimed at medioalto
segment of the population, but also has great importance even if your shop is g
oing to be a restaurant menu. Why it is always advisable to make a big bet by th
is factor. There are companies specialized in decoration of restaurants that can
make you a good job. If you do not have budget, get ideas from the competition.
With imagination you will find economic solutions.
S
Let you know
s good reasons
site.
If you stand on a street known and well attended by the public, word of mouth wi
ll be enough to know, and the departure of advertising is minimal. If not your c
ase, you can serve the new technologies that facilitate effective promotion meth
ods and free. María José Pérez, Vineyard Association, explains that it "offers i
ts members appear
Workers
s salary adjustment. Need to
The minimum to open
These figures refer to the costs necessary to open the restaurant. The section r
eflects the first month's rent plus two as a deposit, so in the coming months wi
ll be only 2404 euros. With regard to contracts, they also included telephone an
d insurance.
Rental costs of providing local Reform, interior furniture and gas contracts, li
ght ... Staff
902 euros. 7212 euros. 21 035 euros. 1502 euros. 5620 euros.
TOTAL:
36 271 euros.
least one waiter and a cook. According to María José Pérez, "salaries, according
to convention, are usually situated between 720 euros and 900 euros, but, as no
ted by Ricardo Villanueva," if you find a good employee,
can pay higher wages to retain, as the mobility sector is large and not always g
et competent professionals. " Many entrepreneurs complain about it. Another opti
on is to train workers if you're sure to retain them.
free on the website of the association. " Similarly, the leisure and tourism por
tals can include directions and characteristics of local restaurants. Another wa
y is to use the mailing advertising, magazines, neighborhood or electronic maili
ngs to area businesses. However, the best advertising will be what you make your
clients. Therefore, pays special attention.
i want to open a restaurant, the first thing you should do is assess the potenti
al business success. Do not vacuum sets without achieving this step, most compan
ies tend to fail precisely because not validate the feasibility of the idea. To
do this, we must take into account the characteristics of the hospitality indust
ry and, above all, the investment required to finance the business. Make a busin
ess plan at least one year, will help you set the items you need to start and re
ach the point of equilibrium. The purchase or rental of the premises will be the
initial expenditure will require greater investment. Ricardo Villanueva, tax th
e Madrid Association of Restaurants and Cafes, says that "if local purchase, inv
estment will rise considerably, depending on the area and size. If you choose to
rent, rent can be about 3,000 euros. " Villanueva believes "it is advisable, if
possible, buy local." On the con-
contrary, José Luis Casero, legal adviser to the Young Entrepreneurs Association
, advises "rent to avoid running out of cash to enable us to address other expen
ses." Ultimately, the decision will depend on your chances and risks you are wil
ling to assume. If you decide to hire, assess the reforms that have to perform (
multiple budgets calls) and consider whether you can develop the idea you had in
mind. Another major expense to face is the purchase of machinery. Need industri
al-type items such as refrigerators, kitchen, freezer, oven, cooking utensils, c
offee maker, register, etc.. According to María José Pérez, tax and accounting a
dvice of the hospitality association, the Community of Madrid's Vineyard, "all m
aterials, including furniture, can cost between 42 070 and 60.100 euros, even ch
eaper if it is second hand. " The business plan must take into account other cos
ts such as incorporation and agency, acquiring ®
A special VAT system
hen we give up for a catering business, finance us directly included in the entr
y for this sector are included in the simplified VAT regime. But we can give it
up and welcome the general arrangements
C
although this requires meeting many formal obligations. As the simplified scheme
, this requires: a) Keep a log book of invoices received for acquisitions or imp
orts of goods. b) Preserve evidence
payment of rates or modules applied. c) Keep in order of date of invoices and do
cuments relating to the tax assessment for intra-Community acquisitions of taxab
le investment and imports.
Entrepreneurs
Entrepreneurs
BUSINESS PLAN
Your first year, in figures
* Unless these concepts, the rest in euros
hard cash
June 1955% 2310 5619 90 3125 3471 13 883 701 876 19 263 13 883 June July 1950% 2
170 3260 13 042 10 187 90 701 4322 3125 18 030 13 042 July August September Octo
ber November December 3260 50% 2170 13 042 5619 -55 701 391 55% 3125 13 883 3471
 2310 5,619 90 3,125 701 876 53% 2,300 13,824 3,456 5,619 90 3,125 701 832 55% 2
,310 13,883 3,471 5,619 90 3,125 701 876 55% 2,387 14,346 3,587 10,187 90 3,125
701 -3,344 51% Total 25,897 155,645 38,911 76,569 1,382 41,590 8,414 -11,221 Tot
al s In our case, during the first year of the restaurant is recorded losses (11
221 euros in this case). In early losses are higher, mainly because the local o
ccupancy rate of less than 50% as the business s occupation represents the perce
ntage of meals served for the amount that could have been achieved if the restau
rant had always been at full capacity. At first, it is normal that this rate is
not very high, with
Business Profile
l financial plan has been developed for the following course: This is a family r
estaurant in a neighborhood more or less central Spanish city of a half (Sevilla
, Valencia, Bilbao). The initial investment needed to create it is 42 070 euros
(12 020 of which would be obtained from a bank loan, and the rest of the contrib
utions of several members of the family). The rent of the premises is
INCOME STATEMENT
Occupation * Number of services * Sales Purchases Financial Staff costs Other co
sts Depreciation (42 071 euros to 5 years) RESULTS
January 1940% 1736 5619 90 7212 2608 10 434 701 5798 0 10 434 January 30 051 12
020 52 504
February 1945% 1764 5619 90 3125 2650 10 602 701 16 594 10 602 February 1585
March 1947% 2040 5619 90 3125 3065 12 259 701 15 933 12 259 March -341
April 1950% 2100 5619 90 3125 12 621 3155 -70 701 16 887 12 621 April
May 1953% 2300 5619 90 3125 3456 13 824 701 832 17 248 13 824 May
Occupation
least until the publicity and word of mouth begin to take effect. On the other h
and, there is always a major occupation for more benefits. Sometimes it is prefe
rable to have fewer customers to avoid having to hire more employees.
E
Euro 2404, although the first month will be disbursed in two installments over a
deposit. The item "Other expenses" referred to includes both the rental and oth
er not insignificant: light, water, gas, phone (it has been estimated an average
of 751 euros per month). Regarding advertising, the event does not include any
action in this regard. The restaurant would have 10 tables with capacities
ity for 35 people and is estimated to offer four daily shifts divided between lu
nch and dinner. To assist you, be hired four employees and the owner would also
work on the premises. The relationship between purchases (food, drinks, etc..) A
nd has established sales by 25%, ie, bought and sold 25 per 100 (not including g
as or electricity, which are reflected in the "Other expenses").
CASH BUDGET
Capital Sales Treasury Loan Charges TOTAL CASH
August September October November December 7197 6371 13 042 13 883 13 824 3244 4
402 14 346 13 883 1472
Results
still in the takeoff phase. Once over the threshold of 50% occupancy, we see tha
t increase the benefits, except in July and December, because the employee bonus
es increased staff costs.
27 196
28 192
29 508
31 073
33 146
31 072
5845
7513
9422
10 639
12 875
155,645 30,051 12,020 197,716
PAYMENTS
Reform and furniture safety Stock Shopping Cart Staff costs Other costs Repaymen
t loan financial TOTAL END OF MONTH BALANCE PAYMENTS 3005 4568 21 035 35 910 16
594 90 7212 90 3125 5439 January 2608 February 2650 11 263 15 933 11 305 16 887
3125 5439 90 March 3065 90 3 125 12 260 17 248 5980 90 5439 April 3155 May 3125
19 263 11 810 90 3125 3456 5439 3005 3471 15 116 18 030 21 035 10 548 90 June 31
25 July 7197 38 269 391 3125 12 216 3260 5439 6371 3260 5439 4402 3471 90 3125 5
980 11 915 12 666 90 3125 90 3125 3244 3456 5439 12,111 -1,472 3,471 10,007 90 3
,125 16,693 -3,819 42,071 3,005 35,325 75,157 1,382 41,590 3,005 201,535 -3,819
Related Searches
s are included in this chapter, the amounts of purchases and those relating to e
xpenditure on local reform and procurement of furniture. In general (although so
me providers are somewhat reluctant to do so on the first order), purchases are
usually paid monthly in arrears, ie do not have to pay the amount up to thirty d
ays after the acquisition. For this reason, the supplier has a funding source is
free and can be very useful when you start the journey of a restaurant.
Shopping
s In this section we include all the raw materials involved in the preparation o
f the dishes. The cost we have assumed is that corresponding to 25% of the sales
price, that is, multiply by four the cost of products (to pass to the whole rel
ief for expenses).
PROVISIONAL BALANCE
Fixed assets depreciation Product Stock Boxes and banks Personal TOTAL ASSETS LI
ABILITIES, SS and Finance Capital Bank loans Providers Profit for the year TOTAL
LIABILITIES
August September October November December
'Stock' product
s stock management of a restaurant has a twist: many of the supplies are perisha
ble, so you have to tread carefully when calculating the appropriate amounts. On
 the other hand, it is little or no store perishable products such as canned foo
d and especially wine and spirits, provided that we can enjoy special offers or
promotions from the manufacturers or distributors.
42,071 -701 3,005 16,594 60,969 1,052 23,644 12,020 30,051 -5,798 60,969
42,071 -1,402 3,005 15,933 59,606 1,232 23,686 12,020 30,051 -7,382 59,606
42,071 -2,104 3,005 16,887 59,860 1,412 24,100 12,020 30,051 -7,724 59,860
42,071 -2,805 3,005 17,248 59,519 1,052 24,191 12,020 30,051 -7,794 59,519
42,071 -3,506 3,005 19,263 60,833 1,232 24,492 12,020 30,051 -6,962 60,833
42,071 -4,207 3,005 18,030 58,899 1,412 24,506 9,015 30,051 -6,085 58,899
42,071 -4,908 3,005 -7,197 32,971 1,052 3,260 9,015 30,051 -10,408 32,971
42,071 -5,609 3,005 -6,371 33,096 1,232 3,260 9,015 30,051 -10,463 33,096
42,071 -6,311 3,005 -4,402 34,363 1,412 3,471 9,015 30,051 -9,586 34,363
42,071 -7,012 3,005 -3,244 34,820 1,052 3,456 9,015 30,051 -8,754 34,820
42,071 -7,713 3,005 -1,472 35,891 1,232 3,471 9,015 30,051 -7,877 35,891
42,071 -8,414 3,005 -3,819 32,843 1,412 3,587 9,015 30,051 -11,221 32,843
Vacation? No thanks
s at least the first year, it is unthinkable to close a month (not even a week)
for a vacation. Could be put all eggs in one basket, especially given that other
institutions already established cast closing. It is a good time to take advant
age and make ourselves known among the regulars of the competition. In addition,
the first three years of life are often a business loss, so close a month just
serve to increase them.
® furniture, gender and purchase of stock,
Staff costs and social security, taxes and working capital that you should keep
until you start earning. Therefore, the initial investment must add at least 20%
of these costs to cover contingencies. But do not be discouraged by the amount
of payments you have to start. Some 36,000 euros plus the cost of alquiEmprended
ores
ler of the premises may be sufficient to create a cozy restaurant seats about tw
enty.
Calculate the profitability
Once certain expenses, you have to estimate the benefits you will get to calcula
te whether the business will be profitable or not. A restaurant is profitable if
you get at least double the income
expenditure invested in the products needed for cooking. To calculate the necess
ary provisions, determine the number of local tables, shift meal if you only off
er also service restaurant or cafeteria, the number of hours that will open for
business, etc. First things first: Supplies. In hospitality, the daily supply of
products is fundamental
such, so you should be watching what you eat every day for a replacement. Howeve
r,€Some products may be kept in stock for not being durable. Ricardo Villanueva
advised "to buy the largest possible stock of certain products such as alcoholic
 beverages, when achieved an attractive price." The room, tables and shifts. Mar
ía José Pérez explains that "at least the
local should be about 50 or 60 m2, while smaller local have been licensed. " But
to recoup the initial investment, it needs at least five tables (for four peopl
e each), and fold at lunch and dinner. Characteristics of the business. Open a r
estaurant that offers only mixed meals or cafeteria-restaurant business depends
on the audience you go,
the premises and the area where it is located. Experts advise to maximize busine
ss opportunities and diversify the services. For María José Pérez, "the more ser
vices and longer hours we are open for business, the easier it will cover fixed
costs." However, if you want to create an upscale restaurant, it should also giv
e snacks or tapas. No ®
Entrepreneurs
BUSINESS PLAN
Paperwork, paperwork, paperwork
HACIENDA
Added to individual
Trade tax (mod. 845). Census declaration start of activity (mod. 037).
CITY COUNCIL
Application for building permit
Be presented to the relevant District Municipal Board. Standard forms of applica
tion for planning permission. Project in triplicate signed by a competent techni
cian. Fee for urban services (reverse).
The mouth-ear is the best advertisement for the restaurant business
® golden rules for success in this
business, it all depends on what you offer and to whom you offer it. The menu. R
icardo Villanueva explained that "you can put a price to raise the margin of the
menu after subtracting the cost of preparing, without losing sight of the power
to not lose potential customers." It is a mistake to charge the eleven euros me
nu if in the area rarely exceeds seven. The best weapon, especially in the begin
ning, it is good value for money. So, you will acquire a reputation among custom
ers.
Added to civil society or community property
Contract formation of civil society or community property. CIF Application, high
in the Census (mod. 036). Trade tax (mod. 845). Census Request individual or co
mmunity partners (mod. 037). Presentation at the Community of Madrid contract ci
vil society or community property with the Transfer Tax and Stamp Duty (mod. 600
).
Business license application or expansion of activity
Be presented to the relevant District Municipal Board. Standard forms of license
application to open or expand their activity (if you have a previous license).
Project in triplicate signed by a competent technician and medical direction sig
ned by him and endorsed in the College of Experts. Fee for urban services (rever
se).
Added to limited partnership or limited liability
General Registry of Companies: negative certificate name. Notary public notarial
instrument of incorporation and bylaws. Finance: the same documentation as in s
ection 2. Register
Single Application
If you merge the two applications for license (works and activity) ask a single
license, providing: standard 'single license. Fee for urban services (reverse).
Opening projects and works in triplicate. Photo of façade to the third floor in
triplicate and in color.
Accounting
If you have no accounting knowledge, it is best to entrust it to an expert, agen
cy or administrative autonomous expenditure will not be too high. This is especi
ally advisable if the restaurant is constituted as a society because their accou
nting is more complex. If you run a stand-alone houses depends on whether the in
come tax system or direct estimation of modules, since, says Villanueva, "in the
first case, more complex, you have to keep track of daily expenses and income f
or work does not build up before each quarterly statement. The accounting is sim
pler modules, enough to have counted the bills at the end of the year. " But if
you want to take the accounts yourself, your computer should have a spreadsheet
and a program of invoicing in euros. Although the best accounting program is upd
ated annually.
Maribel Gonzalez
TOURISM, Restaurants and Cafes
File is complete (standard form of the Community of Madrid).
Opening
DNI / CIF, as an individual or legal entity. Lease or deed. Floor plans of the p
remises. Price-lists of the activity. Getting the complaint forms.
Communicative performance rename license
If we are going to open this business in an establishment that already have appr
opriate license to open the restaurant business, this will serve for us, but we
will inform the City Council by: Printed standardized signed by the new City Hal
l and previous owner. If the previous owner can not sign, provide a lease or dee
d. National Identity Card of both. If the previous owner is a corporation, pleas
e provide the deed of incorporation, the CIF of it and the legal representative'
s ID card.
Change of ownership
DNI / CIF, as an individual or legal entity. Lease or deed. Published in two loc
al newspapers. Price-lists of the activity. Getting the complaint forms.
OTHER WORK PROCEDURES
Printed standard opening. Obtaining and legalizing guestbook. Collection and Reg
istration Book legalization. Getting the work schedule. Approval of contracts of
employment. Processing of approvals of gaming machines. Processing watchmen ter
races, the availability of public land annexed to the facility for installation.
Deposit bonds leases.
Entrepreneurs 'on line'
On the website ENTREPRENEURS, www.emprendedores.es, you can consult the main con
cepts involved in developing a financial plan.
Entrepreneurs