At some point in their restaurant lives, most restaurant owners will either retain a restaurant consultant or work with one on a project.Restaurant consultant sells time, experience, credibility and the ability to find information. We can advise you on a variety of issues including concept development, interior design, development assistance, financial information system and real estate. Our product, or deliverable, can take the form of a written report or a hand-on approach.
The term restaurant consultant is a board definition encompassing a wide variety of discipline and areas of expertise. In our firm, alone we have expert in real estate, design, litigation, accounting and operations. While the type of consultant can vary widely, the selection process and client/restaurant consultant relationship are similar. Here is a primer to help you make profitable use of a consultant.
Once you have determined you need a consultant, begin the search process.
Begin a preliminary search. The goal of these steps is to locate different consultant who appear to be qualified to assess the problem. Similar to receiving quotes on products, it is better to identity more than one consultant. A great source is a referral from your business colleagues. Find out who they have used in similar situation and if they were happy with the consultant’s performance.
Discuss the project with finalist. Discuss the project with the winners of your preliminary search. The goal is to narrow the list down. If you only have two or three finalist.
Ask for written proposals and references from the top candidates.
Select the best consultant. Based on your analysis, pick the most qualified consultant to perform the project
You can pay in many ways to an outside consultant. When hiring a restaurant consultant, select the fee structure, which enable the consultant to produce the best results at the lowest price.
Corporate Finance and Taxation Consultant dealing with several multinational & Indian companies including Emaar MGF Land Ltd., Hewitt Associates Pvt Ltd., Iflex, Etisalat. His Services includes VAT/WCT/Entry Tax/Service Tax & Income Tax consultancy on retainer ship basis.