According to statistics last year, housing costs averaged CZK 5,706 per month per family, which is approximately 15.9% of total income. However, more than 40% of their net income is spent on housing, including electricity, by 10% of families.More
Business in Hospitality
Quality comes first profit is its logical sequence.
Cyril Northcote Parkinson
Tourism is one of the most prosperous industries in the World. For examle, the Czech Republic and its big towns have traditions and architecture embedded in deep history. Visitors from both near and remote countries visit local regions due to sightseeing and specific Czech meals. Hotel business, restaurant facilities, bars – demand continues to exceed space and we can show you how to gain visibility not only in your country.
Running a café or a restaurant is not just a question of space and several employees. If customers are to feel comfortable at your place, you need an idea, style and heart. Our experts with extensive experience in restaurant business will help add soul to your facility. A different entrepreneurial intention is required for a restaurant, and then something different again for a café; however, we are able to advise you in both cases. You do not have to be worried about furnishing the facility or about bureaucracy and paper work – this sphere is natural for us and we will arrange everything for you. We will help you optimize your plans, introduce you to the market and help you gain publicity. We are happy to advise you how to establish and then open and operate a café which will earn money plus we can give you advice when setting up and subsequently running a restaurant.
We will identify holes in your business and rectify these. We will find holes in the businesses of your competitors and we will help you use them to your advantage.
Implementation example: EACA ASBL – manual for opening a restaurant and marketing research
Customer: a foreign investor who would like to open restaurants offering Thai cuisine in Prague.
Project goal: Create a manual for opening a Thai restaurant (legal, financial, tax and registration processes), marketing research (economic competition, habits, supplier analysis).
Final solution: Research on competitors and development of a future concept for the restaurant. Suitable forms of a legal entity for carrying out this type of activity in the territory of the Czech Republic clarifying organizational questions when establishing a company were covered; the processes of taxation, financial and government controls were described; suppliers on the market were analysed; a “customer portrait” was created. This kind of manual provides a detailed profile of all the important steps including a detailed description which the investor needs to know to take a decision about the necessity and feasibility of opening a restaurant in Prague.