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How Much Does It Cost To Get An Exterminator – If you’ve been harboring the desire to open a restaurant for a long time, and you know there’s no stopping your ambition, you might have a big question on your mind.

It’s a question every entrepreneur and business owner asks themselves during those formative years. But when it comes to restaurants, the number of expenses involved is quite daunting.

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However, in the UK (if we turn this rhetoric around to be more positive), approximately 80% of start-ups survive after their first year. Regardless of the abundance of start-up costs you’ll face if you’re looking to break into the restaurant industry, it puts you in a great position.

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Make your restaurant a success, no matter how challenging the economic backdrop. And it all starts with getting a handle on restaurant start-up costs.

There’s no shying away from the fact that your restaurant will need space, and it could be your largest monthly outgoing.

Unless you’ve inherited property or have enough cash to buy your own place (few people do), you’ll probably need to rent.

Rental costs will vary depending on your location and market at the time you decide to open your business. It is therefore difficult to provide guide prices, as every restaurant is different, but you can expect to pay between £12 and £20 per square foot in popular cities.

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When serving hot food in the UK, you will also need what is known as an A3 planning licence. They are in high demand and sometimes come at a premium depending on your location.

The license is paid to the landlord and covers fixtures and equipment already on site. Expect to pay anywhere between £5,000 to £100,000 (if you’re working in a particularly popular city like London).

Tellingly, more restaurants than ever are adding a delivery option to their list of services, and are able to do so because of the relative ease with which it can be implemented.

However, this comes at a price, as you might expect. In addition to commissions to food delivery companies, you have to account for a number of internal overheads that will make the delivery arm of your business a success.

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Fortunately, it’s all pretty standard and relatively straightforward. As you would expect, a lot of it focuses on the insurance you have.

That’s it. A solicitor will be worth its weight in gold, both in time saved on your part and in the savings they will likely offer when recommending the right insurance and licence.

Along with your premises costs, it will also be one of your biggest overheads, but you’ll get the most value out of it if you spend your staff budget wisely.

You’ll need front of house staff, a management team (unless it’s just you for starters), cleaners, chefs and additional kitchen staff.

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The average chef salary ranges from £22K to £30K depending on your location. Indeed, the average salary for typical restaurant staff in the UK is less than £9 per hour.

It’s also important to consider recruitment and training costs, so we recommend talking to a recruiter to get a handle on what you’ll be paying to get the best people and be equipped with the right skills.

Starting with your WiFi, it’s important that you choose a service that offers super-fast Internet access and is easy to connect to and that offers you behavioral marketing opportunities.

A point of sale (POS) system is also an absolute necessity. Fortunately, these days, the cost of entry for such systems is much lower than ever. Most providers now offer some sort of fixed monthly fee which includes terminal rental and software support which can be as little as £30. If they ask for an upfront fee for the POS hardware, expect to pay between £1,000 and £1,500 per unit.

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You will also need a mobile payment terminal to accept contactless and chip and PIN payments. Start by talking to your bank – they should be able to offer a solution or point you in the direction of a partner. Each device will cost around £50, and transaction fees are usually between 1.5% and 2.5%.

If you find a place with a kitchen that’s pretty much ready to go, you might be lucky enough to invest in a few pieces of equipment that aren’t already there.

However, sometimes, this is not an option. Instead, you will be presented with an empty room that needs to be converted into a kitchen. A customized commercial kitchen can cost anywhere up to £190,000, so it’s important to keep that price in mind during the top end of your initial budget.

Franchises are incredibly popular for restaurateurs. They represent a faster route to market, a pre-existing audience and immense support from a much larger organization.

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However, as you might expect, running a franchised restaurant comes with its own costs, beyond those we’ve already explored in this guide.

Get it right, and it can be very profitable; A network of UK franchise businesses worth over £17 billion.

The average cost of setting up a new franchise restaurant business is around £42,000. This includes the initial impression (which ranges greatly depending on the franchisee in question), setup costs and legal advice. The link above provides much more guidance which is definitely worth a read.

You’ll need to get the word out about your new restaurant, which is where good, old-fashioned marketing comes into play.

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Most businesses follow the rule of thumb to spend between 3% and 6% of sales revenue on marketing. It doesn’t have to be gospel, but if you already have your forecast for sales, it’s a great place to start.

Although there are some rules you will need to follow as a restaurant owner, the good news is that not all come at a significant cost (if any).

During your planning phase, take a look at the following licenses and list what they might cost:

Some of the above licenses can be easily obtained by filling in an online form, but it is advisable to check with your local council to see if there are any additional licenses or regulations you need to comply with for this area.

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We’ve covered the essential start-up costs for UK restaurants in this guide, but it’s important not to overlook some other essential elements.

Management Questions for a Business Plan Essential questions for a business plan to help any business get on track and succeed. Read 18 minutes Read more

Management How much does it cost to open a cafe in the UK? For many, opening a cafe is a dream; It is both a lifestyle and a career choice. But how much is that worth in the modern hospitality industry? We have the answers! Read 11 minutes Read more

What are the different types of management menus? When there are more menus than food types, how do you choose the right menu for your business? Here’s what they all mean and how they differ from each other. 14 min Read Read More As game developers we are sometimes asked how much it costs to make a game. This is not an easy question to answer as we have to figure out what we mean by ‘game’ and what it means to ‘make’ it. If you really want the short answer, it would be somewhere between $0 and $265 million. Yes, that’s a wide range of answers, so our CEO, Dr. Tomas Rawlings delves into the details.

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Anyone can download some free gamedev tools and create a game for fun. It can be seen as a game being made for $0 (although, of course, there are other costs to consider – time, powering the computer, internet access, not to mention labor hours).

At the other end of the spectrum, Grand Theft Auto V cost about $265 million to make. That’s equivalent to teams of hundreds of developers working over several years, all of which need to be paid, plus office, software, taxes, support staff, outsourcing, etc. costs. But given that GTA V grossed over $6 billion, this particular game has seen a very good return on investment (although developer Rockstar has continued to spend money on the game since its release.)

As seen in the two examples above, there is a wide spectrum in what constitutes a game and the costs that can be incurred to develop it. For our purposes, it’s best to explore that spectrum by breaking down the different levels of games and what they typically cost at each level.

Part of the marketing for Mars Horizon included astronaut Tim Peake playing our game on the official Xbox Twitch channel.

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Before putting some numbers on the cost of developing games at each of those three levels, let’s learn more about what we mean by ‘make’.

But there is the actual game creation – design, code, art, sound, etc. – that’s what we think of as development. But the cost would have been incurred before development began.

Maybe you want to create a demo, or before that

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