A Step-By-Step Guide to Starting a Restaurant Pick a Niche. Write Your Business Plan. Choose Your Restaurant’s Name and Legal Structure. Get a Tax Identification Number for Your Restaurant. Register Your Restaurant for State and Local Taxes. Secure Permits, Licenses, and Insurance for Your Restaurant.
FSSAI License: FSSAI stands for Food Safety and Standards Authority of India. It is mandatory to obtain a license from the FSSAI to run a food business in India. A food business that has an annual turnover of up to Rs. 12 lakhs, only a basic FSSAI registration is needed.
If you have no experience in this business, then you need to do the following things first: Come up with a concept that is unique(but not too risky to begin). Assess the experience and skills you do have. Increase your knowledge and experience from people thriving in this business.
Food Safety and Standards Authority of India ( FSSAI ) lays down the hygiene and safety standards that ensure the availability of safe and quality food in any food business. It is mandatory for every restaurant owner to get the FSSAI License for their Restaurant from the State Authority.
On average, the cost to open a restaurant is between $100 and $800 per square foot, with costs varying based on location, concept, size, materials, new or existing location, and equipment.
While there are not any industry barriers, poor business acumen, no management, and lack of financial planning among first-time restaurateurs are some of the primary reasons why restaurants fail .
Eligible Food Business Operators like manufacturers, storage, transporters, retailers, marketers, distributors , etc. need to take a License from the State Authority.
10 Tips for Starting a Home -Based Food Business Learn the regulations and requirements for your state and county. There has to be a market for your business to be successful. You should conduct your business as a legal entity. Hire professionals when needed. Put everything in writing. Having a professional image goes a long way.
Yes, you need a food license from FSSAI to sell homemade food but if it is a small scale, only registration is required . Homemade food or Hotel food each and every Food Business Operator (FBO) is required to either register or get a Food License .
Not Having Enough Money There are the obvious food and drink costs, the utilities, the purchase of equipment and labor costs. There are also other costs associated with running a restaurant : insurance, licenses and certifications. The biggest reason that most restaurants fail is undercapitalization.
The restaurant venture is a powerful reward machine. You can easily make a lot of money in case you keep up with the top quality of the restaurant . Rewards keep everyone blissful. You should pay incentives to your employees and retain them a bit longer.
Payscale.com says restaurant owners make anywhere from $31,000 a year to $155,000 . They also estimate that the national average is around $65,000 a year. Chron.com estimates a similar range, between $29,000 and $153,000 per year.
Documents Required for FSSAI Registration
|Types/Category||Registration -1 year||Central – 1 year|
|New Application||Rs. 100||Rs. 7500|
|Renewal Application||Rs. 100||Rs. 7500|
|License /Certificate Modification||Rs. 100||Rs. 7500|
Obtaining an FSSAI license is mandatory before starting any food business operation in India. All the traders, manufacturers, restaurants who are involved in food business must obtain a 14-digit license number which is printed on their food products.
FSSAI stands for the Food Safety and Standards Authority of India which is an autonomous body established under the Ministry of Health & Family Welfare and the Food Safety & Standards Act of 2006.