Remove Bookkeeping Remove Construction Remove Marketing Remove Training
article thumbnail

How much does it cost to open a restaurant?

7 Shifts

Don’t forget to budget for training, installation, and support costs. You’ll likely need the help of legal counsel, a business strategist, accountant and bookkeeper, and marketing and PR consultants to set yourself up for success. We recommend setting aside a marketing budget of at least $1,000 to launch your restaurant.

Budgeting 141
article thumbnail

The Ultimate Guide to Restaurant Costs

7 Shifts

For example, you may choose to lease and not incur construction costs The cost ranges are only guidelines and your cost will differ The suggested expense to sales percentages are only recommendations Some costs will be both startup and operating costs. Construction and renovation costs differ by location and contractor.

article thumbnail

MRM Franchise Feed: TCBY at 40 and, Mr. Potato Spread to Franchise

Modern Restaurant Management

Construction is expected to take place throughout the summer, with a potential opening date in late August. Among the new openings in 2021 so far, Freddy’s has celebrated new locations in key markets such as Florida, Tennessee, and Georgia. ” Franchise opportunities remain in areas across the U.S.,

Marketing 172