How to become a restaurant owner: Tom's story
Meet Tom to find out more about life as a pizza business owner as part of our Bitesize world of work series.
The Maths I learnt in school definitely helped a huge amount with getting to this point.
Tom enjoyed Maths at school and had a head for business. At 15, he used all of his savings (£100) to buy some ice cream and sell it at a beach. Using the profit, he bought the first bits of equipment for his pizza business Stoned, which has been growing ever since.
Tom uses maths every day to run his business. For example, he calculates cashflow, profits, turnover, projections, how much stock to buy and how many people to hire.
He also saves a lot of money by being able to do his business accounting himself! Without his knowledge of maths, Tom wouldn't be able to keep his business running smoothly.
What to expect if you want to be restaurant owner
- Salary: Widely variable ranging from £18,000 to £45,000 or more
- Working hours: Include long hours, evenings, weekends and public holidays
What qualifications do you need if you want to be a restaurant owner?
- Entry requirements: GCSE or equivalent in English and Maths at grades 9 to 4 (A* to C)
- Restrictions and requirements: Get a food hygiene certificate and pass enhanced background checks
This information is a guide (sources: LMI for All, National Careers Service)