Tuesday, January 26, 2010

"I Want to be a Chef" - Build A Business Plan

My 9 year old is determined to be a chef when he grows up. He has been interested in cooking since he was 2 and I perhaps fueled that energy by allowing him into the kitchen and ‘cook’ dishes with real pots and pans.

He feels that serving people food is the best way to make them happy. And he wants to ensure that he has good and tasty meals and more importantly is that everything served at his restaurant must not cost more than a dollar! He reasons that everyone must be able to afford and enjoy good food. He has got the name of the restaurant, which every now and then changes as his experiences change and develops. He had started with “The White Restaurant” and stuck to it for a few years, until recently, he wrote up his menu with name of restaurant changing to “The King’s Restaurant”. He says that anyone who eats at his restaurant is a king. (He did not mention about the queens though!)

I realized that perhaps I should document his thoughts down. I drew up a business plan for him and asked him to put his dreams, plans and action steps.

I thought to myself that he should be reminded of his young thoughts when he grows as well as for my husband and I to reminisce on our young son. It reminds me to say that the internet is a wonderful thing to allow us to pen and share this information with as many people as possible. And who knows, these ideas may just become real someday.

It is a simple plan, I asked him to complete a template with his ideas. It looks something like this. I have summarized it with the items that I asked him to think about. I helped him with it and it now runs to about 4 or 5 pages.

Name of Restaurant/Café
How will your menu look like
What is your theme
Building/corner shop/near a school/city?
What will you sell - Food and Beverages
Who will be your cook?
When do you want it open
What will you price your food and beverage?
Where will you open your restaurant
How many people will work for you
How much money will you need

Children can be taught from young the importance of planning and such and to articulate their dreams. These plans will change over time. But I realized an important aspect of this exercise – which is that getting him into the kitchen and cooking taught me to teach him other things, like thinking about his ambitions, penning them down, to be as specific and to have the entrepreneurial mind set.

I look forward to hearing your views and feedback. I am so quite happy to draw up a
business plan
for the mums out there – just drop me your email in the subscription button to the left.

Happy cooking and teaching your kids to have an ambition while cooking