Hospitality Concepts is presenting a two-part webinar, Building Financial Wealth, How to Open a Restaurant 101, this Saturday December 6th from 10:00AM-12:30PM. This webinar explains concept development, menu research and development, kitchen/bar equipment selection, and square footage requirements. The webinar will also touch on the nuances of real estate lease negotiations as well as how to budget for restaurant build-out, kitchen equipment and start-up capital.

In the second part of Building Financial Wealth, How to Open a Restaurant, the lecture will go over how to budget for non-kitchen equipment and start-up capital and how to target revenue generators. By the end of this lecture, the goal is to be capable of preparing 3-year sales projections, an operating budget showing net profits and assess labor needs for a business. The webinar will also explain how to identify the breakeven point in sales volume and customer count as well as profitable concepts and losing concepts.

The cost of each segment of Building Financial Wealth, How to Open a Restaurant 101 is $49.95, and you can register now by clicking here for part one, and here for part two.