Running a restaurant business is one of the most in-demand business opportunities. Besides being profitable, there are other opportunities that you can get, from practicing cooking skills, providing service to customers, to managing stock and buying quality raw materials from trusted suppliers. In addition, you will also have the opportunity to work closely with the staff.

 

Of course, in addition to providing many opportunities to grow, the restaurant business that you run can also experience unexpected things, such as a shortage of staff, a decrease in orders, to additional costs for operational purposes. Perhaps, these things are not included as things that you can control. However, to overcome challenges in the restaurant business, you can start from planning the right budget. Come on, identify the types of budgets that restaurant business owners must allocate!

[Also read: Having Trouble to Manage a Restaurant Business Budget? Here’re the Solutions!]

 

1. Budget for staff salaries

 

One type of budget that restaurant owners must allocate is the salary for the staff you employ, both part-time and full-time. In addition, you also need to allocate a budget if you work with a delivery service provider. You need to plan the budget allocation used for this salary on a monthly basis.

 

2. Restaurant needs and maintenance

 

You will of course need cooking utensils and utensils for washing dishes so that your restaurant business can run effectively. So, don’t forget to also consider how much it will cost you to buy the equipment and the estimated maintenance costs. Because as we know, every tool will certainly need maintenance in order to continue to function effectively.

 [Also read: Ensure Your Business Cyber ??Security Through These 7 Tips!]

 

3. Budget for business services

 

Because we have entered the digital era, restaurant business owners can also use various technologies to improve their business performance. So, make sure you also know how much it will cost you. For example, through the non-cash payment service from the Cashlez Application, you will not be charged a monthly fee, but there are different fees per transaction, depending on the type of payment feature used.

 

4. Emergency fund

 

Like any other type of business, restaurant owners are also required to prepare an emergency fund. You will really need these funds in urgent situations that were not previously anticipated, for example if there is an increase in the price of basic commodities or there are additional costs that cannot be covered by operational costs.

 

5. Budget for promotion

 

How do you get potential diners to come to the restaurant? Of course, one way that you can use is through promotions, such as discounts for a minimum order of IDR 500,000 or free certain menus. Because it is included as a type of expenditure, the promotion that you will later make must also be determined based on the availability of the budget first.

 

6. Cost to get certified

 

Business reputation is one of the most important aspects that make visitors decide to place an order. So, so that the reputation of the restaurant you open increases, you also need to improve your service and get a certification that proves that the quality of the menu and service at your restaurant is guaranteed. Of course, you also need to allocate separate funds to get the certification.

 

Restaurant owners who know what the types of restaurant budgets are will find it easier to manage the available funds. They can predict which things should be prioritized and which things can be postponed first. So, what kind of budget have you prepared for your restaurant?

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