Business Plans & Financials

The Business Plans that we build for our clients become utilized in four primary functions:

1. To solidify the detail of your concept and ensure that it gels – brand, concept, menu and atmosphere. 
2. To give you a clear understanding of start-up costs related to your concept as well as provide a picture of the potential Return on Investment.
3. To help you get financing for your venture – whether equity financing or bank financing.
4. To be able to present to landlords of potential spaces to assure them that you are the right candidate for the location.

Our Business Plan process varies depending on your plan's exact needs and how far along you are in the concept development. Generally, the timeline ranges from 2 to 8 weeks.  What makes us unique in our Business Plan development is that we involve all aspects of our diverse team in the development process – branding, Chefs, marketing, operations and finance.  All of those aspects need to work in harmony for a concept to be successful.

Our process always begins with a 60-90 minute meeting with you and all of our key people. In that meeting, we will discuss your concept in great detail and try to extract as much information from you as possible so that our entire team understands your vision.   From there, over the proposed timeline and several follow-up discussions, we will bring your plan to life, ensuring it makes sense operationally and in terms of profit.

If you are opening a new restaurant, CONGRATULATIONS!! Check out our Opening Handholding Package, outlined below, which can incorporate the Business Plan Development component.

Assisting clients with their restaurant launch is approximately ½ of what we do at The Fifteen Group. Whether for hotels, golf courses, or individuals, we have helped develop and launch over 75 new restaurant concepts since our inception in 2001.

We do this through our Opening Handholding package. This package allows us to assist you with all aspects of the launch while focusing our resources primarily on areas where you may need more assistance. For example, some clients may require us to develop the menu for their restaurant, while other clients—such as a Chef—might not need as much assistance in that area. Often, we will completely develop the concept and launch the restaurant on behalf of the client.

We will customize the Opening package to suit your needs with a focus on where you need our expertise the most.

The only aspect we aren't able to completely do in-house is Interior Design and Construction. But we have many companies that we can refer you to and will assist and advise you through that process.

To start, if it suits your needs better, we will break the Business Plan Development into a first phase before moving on to the full Opening Handholding. This phase could help you secure equity or bank financing or simply flush out your idea and ensure that it makes sense.

The areas of restaurant launch provided by our in-house team include:

• Marketing / PR
• Site Selection
• Staff Training
• Systems & Procedures
• Bookkeeping 
• New Concept Development
• Business Plan /
  Financial Model
• Brand Development
• Kitchen / Bar Design
• Equipment Selection
• Menu Development

 Interested in learning more about how we help? Contact us to find out more.