by 
The Curious Bag
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In today's economic times, starting up a new business can be both exciting and frightening. Making sure you are prepared and knowing exactly how much money you will need contributes directly to success.
Blank Slate
According to Forbes Magazine, starting from "scratch" will run you somewhere between $100,000 and $300,000 to begin. That includes build-out, equipment and furnishings.
Permits
Making sure your restaurant meets all local codes and inspections and applying for permits to run a restaurant will run you around $100. Some states require you to take a one- to two-day food safety class.
Alcohol
If you are going to serve alcohol, you will have to get a liquor license. Depending on where you are located, it can cost you anywhere from $100 to $100,000 for the larger markets like New York City.
Point of Sale
A point-of-sale system (POS) will track every order in and out of the kitchen. They can run anywhere between $7,000 to $12,000 depending on the model and features.
Percentages
You can anticipate shelling out 25 percent to 40 percent of your incoming revenue for food costs. Allocate 25 percent for payroll. Rent should only run you 8 percent of your outgoing capital.
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