Author Archives | Eric Powers

Eric Powers - who has written 2 posts on restaurantacademy.com.

Eric Powers is a consultant with Growthink. To learn more about how Growthink can provide business planning help, prepare you to raise capital, and help you grow a successful business, call 877-BIZ-PLAN. Since its inception, Growthink has developed over 2,000 business plans. Growthink clients have collectively raised over $1 billion in financing, launched numerous new product and service lines and gained competitive advantage and market share.

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Restaurant Marketing Plan – 3 Key Concepts

Tuesday, July 14, 2009

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When writing a restaurant marketing plan, it is important to keep in mind why you are writing it. A marketing plan obviously outlines how your company will market its business but it is also important to keep in mind that marketing efforts are all created in order to generate business by articulating what and who [...]

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Restaurant Business Plans – Focus on the Financials

Tuesday, July 14, 2009

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Restaurant Business Plans – Focus on the Financials

The Financial Analysis section of a restaurant business plan consists of pro forma (projected) financial statements for the business. Before creating these statements, consideration must be paid to these three key concepts: Capital Expenditures Likely the most pertinent portion of the Financial Analysis section will be the statement of how much capital the restaurant will need in [...]

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