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[Music] foreign [Music] today we will talk about restaurant business plan you need to present a compelling unrealistic business plan in order to convince potential investors that you are serious about starting a company besides a business plan you also need to demonstrate how the business will work and how it will be financed your business plan will include a requirement that UK for all of your food and drinks in-house this will set a standard for other restaurants the startup costs include the fixed and variable costs of operating this includes the rent staff costs and the average spend an analysis of the likely gross profit margin on food and wine as well as a sales and marketing plan are some of the factors that will help you determine if the business will break even a business plan is also important in securing loans grants and Investments which you will need when you start your company your business plan is the most important aspect of any new business it will help you establish