Business Plans Are Largely A Waste Of Time
Try A Blueprint Plan Instead
My years of experience in restaurant startups has led me to conclude that business plans are mostly a waste of time. What you do need is a blueprint plan.
I’m not saying you’ll never need a business plan!
Business plans take a long time to prepare, even if you use business planning software.
You don’t have a crystal ball, and making predictions or guesstimates during the startup will only take up your valuable time.
You need to use this time for vital startup steps necessary to open a restaurant.
Let’s face it; a startup has a lot of unknowns.
It’s a brand new venture.
The story is just beginning!
What is a Business Blueprint Definition?
Think of it like building a house. The blueprint is the strategic plan.
It directs the construction crew and managers the logistics necessary to build the house.
The plan helps them to maintain order as they build the house.
Similarly, a business blueprint is a strategic plan telling those starting and operating the business the responsibilities and expected outcomes.
A business blueprint is a plan for how you will strategically execute your restaurant startup.
What a Business Blueprint is NOT!
It is not merely a plan written to appease lenders and investors!
A business blueprint is a road map. It gives details and directions. It lists the steps you have to do to start and run a successful restaurant.
You’re going to explain how you plan on making money doing something you enjoy, feeding people, and running a popular restaurant.
I want to share with you the restaurant blueprint that worked for me in hopes it can also work for you.
Business plans can overcomplicate a startup.
I believe you must start with a simple, effective plan.
I know from experience new business startup owners don’t have time or patience to produce a lengthy business plan, they need an action plan.
Planning helps you to think things through thoroughly.
It’s a stepping stone to creating a business plan if and when you need one.
Think of your blueprint as a Startup communication tool.
You need to understand where you want to go before you can figure out how to get there.