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The Risks of Opening Your Own Restaurant

Posted in: Catering in Raleigh NC

Many people dream of opening their own restaurant, diner, or cafe. While this type of endeavor can be a lucrative and passion-filled profession, there are some risks involved. By understanding what these risks are, you can better prepare for them before deciding whether or not to open your own restaurant. Let’s take a closer look. If you’re searching for affordable business catering Raleigh NC services this fall or winter, call Catering by Design. We keep our costs low and our clients happy. Let us help you find the right menu for your budget. Call now to learn more. Be sure to ask about our delivery services.

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Opening a Restaurant? Here Are Some Risks to Be Aware of!

Not Enough Money

Probably the biggest risk of opening a restaurant is not having enough money to operate efficiently and effectively. Many new owners will underestimate the costs involved to keep it operational during the first few months and years. It can also take a while to turn a profit running a restaurant so to reduce your risks here be sure to have several months of cash or credit reserves on hand to cover your salaries, food costs, and other bills.

Inexperienced Staff

Hiring inexperienced staff is another major risk. When you hire the wrong people to help you operate your business it can really cost you in lots of different ways. Be sure to spend time hiring quality employees that have food service industry experience.

Wait, there’s more. Head on over to our next post to read about even more risks involved in opening a restaurant.

The Best Business Catering Raleigh NC Services

Still looking for a catering service for a business function, wedding reception, social or community event for this fall? At Catering by Design, we have fully customizable menus for budgets of any size. Call us today and ask about our lunch and learn program for businesses. If you do not need full service catering, be sure to also ask us about our delivery options. This is an affordable alternative that really makes a positive impact on your friends, family, clients and staff. If you’re getting married, call us and schedule a free menu tasting. This is a free service we offer that many of our competitors charge you extra for.

We’re an award winning business catering Raleigh NC company that’s been providing smiles to people all over North Carolina for decades. We promise you’ll love our food, outstanding customer service, and unbeatable pricing. Call today to learn more.