Cooking Up Your Financial and Business Plans

By Erik Hammond

  Most aspirants of the restaurant business get excited with the hustle and bustle of the kitchen. Beginning restaurant entrepreneurs brace themselves for the clashing and banging of pots and pans and the action on the restaurant floor. However, preparing for the feats in a restaurant isn’t enough, many who attempt to start a restaurant fail to do so because they overlook another important, albeit less exciting, portion of the business, and that is the finance part. Many fail to realize that a restaurant is after all a business, which requires careful planning. Here is an overview of how preparing a business and financial plan is done.

A restaurant’s business and financial plan is usually composed of eleven sections that cover the projected operations of a particular food service being developed.

1. Company Description – the business plan begins with an overview of the entire profile of the restaurant being developed. This section describes what business entity that will operate the particular restaurant. Necessary information such as the company’s founders, assets, type is stated in this section. Supplementary information is also stated such as the company’s goals and visions, the company’s identity, and so on. This section would also describe what kind of restaurant is being developed, as well as its location, size, general target market and other information will provide the identity of the restaurant.

2. Industry Analysis – this section provides a general overview of the restaurant industry. Careful research is needed for this section in order to provide accurate figures regarding the past trends as well as projected performance of the industry. This section gives justification as to why developing the restaurant is a worthwhile endeavor.

3. Products and Services – this section describes what the restaurant will offer. Here, the general theme of the menu will be described. This section will also provide the prospective general production scheme, stating how the food will be prepared and how other necessary measures in the production would be carried out. The manner upon which the service will be delivered will be described here as well.

4. Market Analysis – this section describes the targeted market. This will provide the profiles of the projected customers, as well as the location where they will be coming from. This section will also include a description of the observed trends in the market, such as the population growth, and other factors that might affect the restaurant’s operations.

5. The Competition – this section describes the potential competitors’ profiles. Other restaurants within the area will be described. The particular restaurants that have the same target market will then be discussed furthermore. The planned competitive strategy will then be described, stating how the planned restaurant will be different from the existing ones.

6. Marketing Plans and Sales Strategies – this section the plan of action to make the restaurant thrive. A description of how the market will be penetrated will be provided here. This section will also state the channels that will be tapped for advertising and generating awareness of the restaurant. The budget allotted for the marketing strategy will also be stated.

7. Operations – this part will give the details of the operating scheme. This section will describe the restaurant’s facilities and equipment. The hours of operation as well as the projected holidays will be stated as well. The employee training and other aspects of human resource management will be described. The systems and controls, food production, and other services will be expounded.

8. Management and Organization – this section will give the profiles of the managing arm of the restaurant as well as its ownership. The primary employees and key managers will be described here as well as its board of directors. The compensation and incentive scheme will be explained. The management style and structure will be further expounded.

9. Long Term Development and Exit Plans – this section will provide the goals, strategies, and milestones of the restaurant. This will also predict possibilities of expansion. Risks will be evaluated.

10. Financial Data and Projections – this section will provide the current information about the company’s assets at the beginning of the restaurant’s development. It will also forecast projected figures in sales, expenses, profits and so on.

11. Appendices – this will give the actual data being described in the body of the business plan. The actual menu, financial statements, declaration of assets and other important information will be included here.

Having a restaurant doesn’t only entail work in the kitchen or on the floor. A restaurant is primarily a business, and the business aspect of its operations should also be emphasized.

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Heartburn Causes and Prevention Tips for Heartburn

By Dr.Charles Buchar

  Heartburn is an uncomfortable but common feeling of burning or warmth in the chest. Although the pain of heartburn is felt in the chest, heartburn has nothing to do with your heart. Instead, heartburn is caused by stomach acid.

Read more on Home Remedies for Acidity and Herbal Remedies for Heartburn and Herbal Supplement

Causes of Hyperacidity and Heartburn

The two problems have been associated with anxiety, tension and worry, constipated individuals, those with flatulence, those who do not partake of food at regular intervals, and those whose food habits are abusive to the body, some medical conditions and systemic illnesses like hyperthyroidism.

Alcohol abuse, smoking, carbonated drinks, fast and fried foods, hot and spicy foods must be particularly noticed as causative in nature. Tomato sauce, citrus fruits and chocolates have also been deemed as possible causative factors.

Lying down immediately after meals, wearing uncomfortably tight clothes or belts or drinking orange juice on an empty stomach are probable reasons too.

Symptoms

The symptoms of heartburn are very easy to spot. That is because you do not see them, you feel them. Thus, they are very hard to turn a blind eye to. Most of the time, you will feel burning pain in your chest at the onset of your heartburn. This is a feeling that is most likely going to be felt just under your breast bone. This is a pain that may just get worse if you lie down or bend over. Eating more food is always a bad idea as well. A lot of people get heartburn at night if they eat too close to bedtime. When they go to lay down, the onset of their heartburn starts up.

Treatment

If your heartburn is not too bad, then heartburn treatment is easy to find. In fact, you can go to your local store and find some heartburn relief. These are known as antacids. They are used to neutralize your stomach acid which will keep it from burning your esophagus. If that does not work, then your doctor may have to give you H 2 receptor blockers. These are taken to actually reduce the amount of acid your body makes.

Heartburn Diet Tips

Heartburn Diet Tips to make necessary dietary modifications:

1. Decrease total fat intake – High fat meals tend to decrease LES pressure and delay stomach emptying thereby increasing the risk of reflux.

2. Avoid large meals – Large meals increase the likelihood of increased gastric (stomach) pressure and reflux.

3. Decrease total caloric intake if weight loss is desired – Since obesity can promote reflux, weight loss may be suggested by your healthcare provider to control reflux. Reducing both total fat and caloric intake will aid in weight loss.

4. Avoid chocolate for healthy Heartburn Diet- Chocolate contains methylxanthine, which has been shown to reduce LES pressure by causing relaxation of smooth muscle.

Prevention Tips for Heartburn

1. Monitor which foods cause you to suffer heartburn. Often times, eliminating certain gas forming foods (such as beans, cabbage, cucumbers and onions) from the diet, brings an end to suffering.

2. Eat at a dinner table in an upright, sitting position.

3. Go for a small walk after eating, which will help stimulate the digestive system.

4. Don’t chew gum before meals, which also causes one to swallow air.

5. Never exercise following a large meal.

6. Avoid wearing tight or restrictive clothing.

7. Chew food thoroughly and slowly, allowing for a leisurely meal.

8. Don’t consume alcohol with food.

Read more on Home Remedies for Acidity and Herbal Remedies for Heartburn and Herbal Supplement

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Decreased level of Progesterone

Decreased level of Progesterone

Medical practitioners throughout the world have experimented long to know about the cause of infertility in women. Various symptoms of infertility have been studied collectively. The most abundant and highly vulnerable of all the reasons is the decreased level of Progesterone in women . Hormone Infertility is also one of the reasons for this ailment. This happens when the level of hormones in body, decreases.

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Unique Gift Ideas

Unique Gift Ideas

With Christmas gifts and New Year’s Resolutions only a few weeks away, fitness and fat loss expert Craig Ballantyne sent me his top 5 gift suggestions to share with you.

It doesn’t matter if you’re buying for someone or if you want to know the best fitness gifts to ask for, Craig has the 5 best fitness present suggestions.

#5 – A Kettlebell

With a kettlebell, you can burn calories, do intervals, work your abs, build strength, and completely sculpt your body. Beginner women should start with a 12-18 pound kettlebell while beginner men can start with an 18 or 35 pound bell.

#4 – A blender to create delicious blender drinks and meals
For about $60-$100 you can get a machine to blend up fruits, veggies, nuts, protein powder, and seeds to create a nutrient dense complete meal to overcome busy mornings or to create the perfect snack or dessert. Once you get started “blending your nutrition”, you’ll be
amazed at what you can create.

#3 – A Gymboss Timer

This little timer allows you to set two different intervals and will alert you when each interval is up. It’s a cheap – $20 – tool that will help you organize your workouts and maximize your results.

#2 – A Stability Ball

The stability ball is one of the most versatile fitness tools, and it allows you to exercise your abs and back of your legs better than any bodyweight only exercises.

#1 – The Turbulence Training Fat Loss System

With Turbulence Training for Fat Loss you can lose fat and sculpt your body in the comfort of your own home, without doing long, slow, boring cardio. It is a proven, guaranteed program that will help you lose belly fat and get a lean, hard, flat stomach.

This is the #1 home Abs workout Program and perfect for your New Year’s fat loss program, especially if you hate going to busy gyms.

Plus, you can even try out Turbulence Training for less than the price of a giant, fancy coffee at Starbucks.

Click here to give Turbulence Training a 21-day try-out for less than 5 bucks:

Unique Gift Ideas

So those are the 5 best fitness presents you can give – or receive – this year.

Happy Holidays!

Daniel Brown

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