Before embarking on your journey of establishing a food and drink business, equip yourself with the essential knowledge you need to have in order to run a successful and viable hospitality establishment.
Explore the best ways of testing your business idea and challenging it with all the available financial information. Learn how to prepare a competitor analysis.
Learn about the numbers that you should have in mind in order to make the business a profitable one. We will also talk about the process of choosing suppliers, effectively managing the stock, and talk about staffing and building a team amongst many other aspects of your business.
There is also an opportunity to find out about the necessary legal requirements and the importance of finding a suitable property.
The event will cover:
- Coming up with the idea
- Market Research
- Generating a Plan
- Suppliers and Stock
- Legal requirements
- The basics of choosing the right property and how to negotiate the right terms
- The customer service journey
- Apps and technologies
- The important numbers and percentages that you need to know
On the day, we will endeavour to answer your questions as well.
The workshop is run by Vasken Jermakian of Foodication Restaurants.
About the BIPC
Don’t forget we have over £5m worth of online market reports from top publishers Mintel, Frost & Sullivan, Euromonitor amongst others, company data for over 144 million UK and global companies, over 60 million patents and more. With a Reader Pass you can access all of these resources for free before or after your workshop (or in the break if you can’t keep away!) and get your business ahead of the competition.