Forums: Discussions for entrepreneurs and small business.

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Hi. I’d recommend that you develop a business plan for your restaurant as doing so will in all likelihood answer most of your questions.

There is no such thing as a gold standard as far as capital requirements for opening a Chinese restaurant is concerned. Capital requirements for such an undertaking usually depend on a myriad of different factors, such as location, size and type of the restaurant (e.g. upscale, or take-out), staff, required capital investments, such as build out, kitchen, etc., and expected time to profitability, just to name a few.

Since restaurants are generally considered to be high risk, with most of them failing before their first year anniversary, I’d recommend that you do extensive due diligence on this undertaking to minimize your risk of failure.

I hope this helps.


Mark



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Jackson Steiner
http://www.JacksonSteiner.com

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