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Virtual Business Simulation: Restaurant

Virtual Business (VB) – Restaurant  features a social media advertising lesson, updated lessons and reading content, and a large, urban cityscape with multiple locations for students’ restaurants.

Virtual Business – Restaurant engages students in the fast-paced, exciting culinary world, and the very tough business decisions that go into running a successful and profitable restaurant. The online simulation offers an eye-opening window into the world of restaurant ownership. This sim is ideal for teaching business, marketing, hospitality, entrepreneurship, and restaurant operations.

Virtual Business – Restaurant introduces students to all the tough business decisions involved in running a successful restaurant. In the real world, restaurants are the most common new business started each year, but restaurants also fail at a higher rate than other businesses. With Virtual Business – Restaurant, students make a number of decisions large and small – picking menu items, laying out the restaurant’s floor plan, etc. Students learn what makes a restaurant succeed and what business decisions may lead to a restaurant closing down.

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Overview

Lessons Included

  • Social Media Advertising
  • Market Research
  • Location Selection
  • Financial Statements
  • Menu Design
  • Pricing
  • Purchasing
  • Layout
  • Staffing
  • Marketing
  • Turnaround
  • Restaurant Mogul
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