Special case: Taking over a bistro
Taking over an existing bistro can be an exciting opportunity, as many of the fundamentals are already in place - from the decor to the regular clientele. However, there are specific aspects you should carefully consider to ensure this opportunity is a success. These include:
Request the last three to georgia phone data five years of business records , including profit and loss statements, balance sheets and tax returns. This will give you insight into the financial health of the bistro. Pay particular attention to sales trends, fixed and variable costs and extraordinary items.
Review existing contracts and agreements , including leases, supplier agreements, insurance policies and employment contracts. It is important to know what legal obligations you would be taking on.
How well are the furnishings, kitchen appliances and other equipment in shape? Are repairs or renovations necessary? The costs of any necessary investments must be included in your financial plan.
The existing image of the bistro can be challenging, especially if you plan to change the concept. A thorough market analysis and customer feedback can reveal how the bistro is perceived and what changes are necessary to bring it into line with your vision.
Decide whether you want to keep the existing staff . The employees can bring valuable knowledge about the business and the customers, but it is important to check whether they also fit into your concept.
Negotiate a fair purchase price based on a solid assessment of the business value. And consider your financing options, including bank loans, grants or investors.
If you are opening a bistro, choosing the right POS system with TSE (technical security device, required by law since 2020) and a suitable payment terminal is crucial for the smooth running of your business. A modern and efficient POS system not only makes daily operations easier, but also ensures transparency and security in your financial transactions. This is where DISH POS and DISH PAY come into play - two solutions that offer you exactly what you need for your bistro.
DISH POS – The POS system for the catering industry
DISH POS is an advanced POS system that has been specifically developed for the needs of the hospitality industry. It offers an intuitive user interface that greatly simplifies the ordering and billing process. With the integrated TSE, DISH POS complies with the latest legal requirements, so you don't have to worry about the compliance of your POS system.
Opening a bistro: cash register system and payment terminal
-
- Posts: 490
- Joined: Thu Jan 02, 2025 7:24 am