QFO: What is the first step that I should take before I build my own restaurant?
Answer: Build your team.
First, hire a good consultant that has successful experience in doing what you want to do to help you navigate all the issues you need to address in order to build success from the beginning. You don’t have time/resources to play catch-up or start robbing Peter to pay Paul because you missed a step or two or that you didn’t understand the seriousness of the issues you’ll face. A good consultant will not only save you time and money but set you and the business up for long-term success.
The consultant will also help you round out your opening team by helping you retain a good attorney, an even better accountant (all with successful restaurant experience) and a General Manager.