The key to any successful business begins with a sound business plan. This links back to the idea of planning to sell your business before you start. Don’t spend hundreds of thousands of dollars on a project that may simply not have foundation. Get it right before you delve into any significant investment.

You should be asking yourself these sorts of questions:

• What is my budget?
• Can this concept work?
• What are the demographics of the area?
• Do I have the right location?
• What licences and registrations do I need?
• What type of Liquor Licence do I need to serve my clients need?
• What type of premises do I need and will this preferred site do what I want it to do?
• What compliance issues need to be considered?
• How should I structure and the menu content?
• Is the design scheme functional as well as aesthetically pleasing, and is that what you, your designer or the customers are looking for in your area?
• Is the kitchen design based on the menu, chef or a qualified person and is it practical and will do what it is intended to do? Should I get a second opinion?
• Where do I source the right equipment for the project?
• Should I buy new, second hand or leased plant and equipment?
• What small equipment do I buy and how do I go about it?

As with any new project, there seems to be endless array of questions to be answered and issues to be resolved. Don’t feel concerned. Close Encounters Trading Network has the answers and we have done it all before. Our consultants have been instrumental in developing small to large projects get off the ground and stay there.

We offer you peace of mind by working together to enhance your strengths and support you in the areas of entrepreneurship, business and technical skills for sustainable growth, development and profitability.