A friend of mine has a great idea of opening a small entertainment -and- dinner type restaurant or cafe. She already ran this idea to a few others including myself. Her parents have years of experience from opening their own restaurant. As of right now, we obviously cannot move forward in any way because we’re full-time University students. Also, it seems that only a quarter of us are interested in pursuing this idea in possibly ten to twenty years. The friend who proposed this idea really wants to open this restaurant business someday in the future and is extremely interested in making it happen.
So I thought this would be interesting to tie in to this business and environmental blog. My friend has discussed some ideas and for right now, there’s only a rough outline of what this business venture will be. For now, the majority of the group has made a decision not to move forward. The others that have taken an interest are already suggesting a creative twist that would be intriguing for people of all ages. Some of them have suggested a fancy theme that would appeal to a more specific age group. I have a suggestion for the restaurant to have a “green” theme and include decorations that are environ
mental-friendly and at the same time promote the idea of environmental awareness within the business. I have a neutral role in this business venture because I’m not against the idea. However, I think we should focus on our studies and make school our first priority. However, I’m bringing this up because this is an opportunity for me to explore problems that occur in businesses such as restaurants.
For example, in terms of this restaurant proposal, one of the greatest challenge is actually starting the business and making sure that there is enough profit so we can spend it on fo
od and materials such as menus and utensils. There are other challenges such as making sure that certain
health requirements are met and that employees
are well-trained and prepared for before serving the customers. I believe that customer satisfaction is really important and many times business entrepreneurs and managers
overlook this area. And then there are other dilemmas such as sharing the profit (if applicable) and maintaining a balanced cash flow. (more…)