Your assignment is to prepare and submit a paper on running dining restaurant and bar. Bar and restaurant managers oversee daily operations in an establishment, managing inventory, executing staffing decisions and making sure customers are satisfied with the dining experience (Krezz, 2012). As the manager, you’ll need to have strong math skills to handle large quantities of cash. Although the food service management field was expected to experience relatively slow employment growth from (bureau of labor statistics, 2008-2018) reported that the outlook for job opportunities would be good during that time, due to the number of managers who will leave the food service industry (US Bureau, 2008). Food service managers, which include a restaurant and bar managers, made a median annual income of$48, 130 in May 2010. They often have the benefit of free meals from the restaurant for which they work. Some restaurant gives a bonus to managers who meet certain sales quotas.
Although no educational requirement for opening your own restaurant and bar is necessary, you should be able to educate yourself in various aspects of the business operation in the food industry to increase your chances of success. You must meet state and local requirements for operating a food and alcohol-serving the business. In addition, you must stay in control of your employees, chefs, bartenders and accounting books ensure a smoothly operating business.
One should be able to take a business class that familiarizes him or her with the specifics of starting a business in your own state. These classes often teach people how to write a business plan, how to file your taxes with internal revenue services, how to network and how to find your ideal location for your business. Experts often teach these courses, so use the opportunity to get professional advice directly from the state.