Calculating Your Restaurant’s Start-up Costs
Understanding your start-up costs is important to ensure that your restaurant is successful. There are certain costs that are necessary before your restaurant opens, such as outdoor signs, construction, payroll, equipment, and dishware. Other costs—like fancy cooking equipment—may not be necessary until your restaurant is making regular profits. Here is a quick look at calculating your restaurant’s start-up costs:
Keep a detailed record of every cost you make prior to the opening of your restaurant. Payments to your sign company, advertisements, construction costs, and employees should be documented to ensure you are not going over budget and spending money that could be spent elsewhere. Watch the short video for a detailed look at how to calculate your restaurant’s start-up costs.
Trust Olympic Signs with your commercial signs, sign design, and sign installations in Chicago, IL. We can help you plan and execute a successful restaurant opening once you call us at (630) 413-1198.