APPLICATION CRITERIA
This program is for businesses located in L.A. County ONLY.
Open to all start-up businesses or existing businesses that have been established for less than 12 months.
Must be able to commit to attend all 4 Fundamental Courses and 1 Elective Course. (You may take more than 1 Elective Course.)
Must be able to commit to 3 follow up technical assistance sessions with a business coach.
CORE COURSES
1. Vision to Conception: Restaurant Business Plan Writing-participants will be provided a business plan template and coached through completeing pages 1-10. Required Permits, Licenses and Registrations for operation. Homework: complete the 4 worksheets from the business plan template.
2. Understanding Your Profit: Restaurant Accounting and Budgeting Basics. Restaurant Accounting and Budgeting Basics. Introduce Start-up Expenses Worksheet. Homework: Complete start up expense worksheet and determine capital needed to open.
3. Food & Labor Costs Explained: Review Food Cost Formulas. Create a mock schedule to establish labor costs. Strategies to manage high food cost/high labor costs and eliminate them. Homework: Complete mock schedule, determine weekly payroll costs.
4. Menu Engineering & Menu Marketing: Understanding the dynamics of a profitable menu. Making your menu pop with PopMenu software. Homework: Create a menu using free Canva software.
ELECTIVE COURSES
Elective 1 / CFO Licensing-How to Start a Home Based Business
Guidance on completing the CFO application. Tips on passing a home kitchen health inspection. Provide vendor referrals for ingredients and packaging. Seasonal Marketing Tips.
Elective 2 / Food Truck Ready!
Where to find new/used food trucks and food trailers. Vehicle Plan Check Preparation. Commissary Kitchen locator. Seasonal Marketing Ideas.
Elective 3 / Sidewalk Strong – Small but Mighty Business Model
Street Vendor permitting regulations. Marketing and growing your local presence. Vendor referrals for ingredients and packaging. Seasonal Marketing Best Practices.
