It is reported that most new restaurants die out within two to five years. That won't be you!
As any seasoned restaurateur can attest to, the biggest expense that any restaurant starting out will incur is actually purchasing restaurant equipment. Whether it is brand new or used restaurant equipment, you can be ready to spend a great deal of money to fill your dining room, kitchen, backroom and other areas with the necessary supplies, machines and utensils.
Akin to other shopping behaviours, you need to do your research by shopping around, and determine what exactly you need and what exactly you do not need right away.
Restaurant equipment is essential to the success of any diner, café or fast-food joint. In other words, if there is something that is imperative for your business then you should have it. How you go about purchasing that piece of machinery will be entirely up to you. If you want more resources for purchasing kitchen equipment, you may be interested in checking out the Nella Cutlery catalogue for additional information.
Here are five tips for buying restaurant equipment when starting out:
Be Just Like a Consumer
Whenever you are about to make a big purchase - a television, a stove, a computer or a car – you perform the necessary research, make comparisons and shop around. This is a great thing to do.
Just because you are a business owner it doesn't necessarily mean that you have to drop your consumer hat. Simpy put: you must adopt many of the habits of smart shoppers and utilize them for your business. You must always negotiate better prices, you must read reviews on products and you need to make comparisons between other brands and other stores.
If you decide to squeeze every penny then you will have a much better business.
Purchase Only What You Need
We can easily fall into the temptation of buying more than what we need. It's just who we are.
Should you have $25,000 to play around with, it doesn't mean that you need to go all out and acquire every little thing that it not actually important to the success of the restaurant. Indeed, everything from top-of-the-line refrigerators to high-quality ovens are crucial are must haves. However, at the same time, you do not really need diamond pots and pans or fine China as plates for your guests.
Always be Aware of Warranties
When you own a restaurant, or even a business in general, warranties will be imperative. Let's face it: restaurant equipment is being used every single day for 12 hours. When equipment is used like that then it is quite likely that they will eventually disintegrate and falter.
A warranty can serve as your protection and a method of saving your money down the line. Whether it is free maintenance or free replacement, warranties should be elements you pay attention to as you go out shopping for restaurant equipment.
Always opt for the warranty, even if it costs a little bit more.
Understand the Long-Term Costs
Another pertinent aspect to hone in on are the long-term costs of the restaurant equipment.
Although there are numerous long-term costs, the one factor to really concentrate on are energy costs. Heavy-duty, commercial grade restaurant equipment will imbibe a lot of power so you will need energy efficient machines in your kitchen. Otherwise, you will open up your energy bill one month and be taken aback by the costs, which are more than all of the lobsters in your fridge.
Can the Restaurant Equipment be Maintained?
It is true that restaurant equipment can be hard to maintain. If you neglect even one day of maintaining your restaurant equipment – refrigerator, oven, stove, gadgets, etc. - then it will add another layer of dirt that can be difficult to clean. At the start of the day or at the end of your shift, you should take the time to clean and maintain all of the equipment in your restaurant. For more information on how to maintain your kitchen equipment, visit iFood.tv for a detailed walkthrough.
Next to purchasing the property and licensing your business, buying restaurant equipment is the next biggest expense for your company. At the same time, you should consider your restaurant equipment as an investment that will pay dividends in the future. You don't want shoddy equipment and you don't want weak supplies. Therefore, you will have to spend a bit more in order to boost your bottom line in the next couple of years.