The executive summary should end with a closing sentence or two aimed at showing the reader why the proposed business is a winning business.
Given that it is easier to learn how to do something by looking at example, below is a sample business plan executive summary that you can use as a guide as you write one for your business plan.
Startup costs vary widely depending on the type of restaurant.
Amounts and sources of necessary initial outside financing should be clearly laid out in the business model for a restaurant.
Part of restaurant marketing may include revenue-generating activities, for example, offering additional services such as catering.
If you take a look at any business plan, the first section you will come across is the executive summary.Already, there are a number of high end commercial and residential developments coming up in the neighborhood.The development of a state of the art mixed use estate in the nearby Bayside neighborhood is also well underway.There are a host of expenses associated with operating a restaurant.They include the cost of food as well as supplies such as napkins and silverware, furnishings, employee payroll, and advertising.Beyond this, there should be a clear analysis of expected ongoing costs, revenues, and profit margin that shows how the restaurant expects to sustain profitability.A restaurant business model must include a well-considered assessment of the population in the area where the restaurant is located, the restaurant's target market of customers, and competing dining establishments.Again, this may be a particularly important element in a restaurant business model.While some restaurants open with great fanfare and have regular customers from day one, others take some time to attract a regular clientele.The selection and pricing of menu items is an essential element in a restaurant's financial projections regarding anticipated costs, revenues, and profitability.Any business model must include both an estimation of necessary startup costs and projections for future revenues and expenses.