A Restaurant
The decision regarding thegeneral concept of a restaurant business will be dependent on different major things. Listed below are some of these factors:
Location
The style of the restaurant will be dependent on the location ofthe restaurant. For example, if someone is thinking about putting up a Chinese-style restaurant in a place where this type of restaurant abounds. He might want to tweak some details about hisrestaurant to be able to have a competitive advantage against the other Chinese restaurants in the area. Perhaps he would stick with the general concept of having a Chinese restaurant because the place ispopular for this type of food but he might want to add different types of cuisine as well, perhaps go into fusion cooking.
Target Market
The target market is very important in determining whatstyle of restaurant to put up. A busy place where class B society thrives maybe an optimum location to put up a midscale fast food restaurant. Different restaurants cater to different types of people andno one restaurant aims at capturing the whole of the market because it would just end up in confusion.
Availability of Materials
If a person is thinking of putting up a restaurant, he might wantto look closely at the availability of the materials in the area. For example, a seafood restaurant will depend greatly on the availability of fresh ingredients and seafood in the local market. Ifnot, the owner will have to look for other alternatives which can cost him additional money.
Availability of good cooks
There are more than enough restaurants in many areas today. The only thing...
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