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Home › Forums › Restaurant Professionals Forum › Restaurant Professionals Forum › Business funding › Re:Business funding

June 20, 2006 at 8:22 am #2613826
balyhoos
balyhoos
Member

Food businesses can be very attractive to the people who have never been in that business.
What makes you think investors would put money into your business?
[If you are talking about your family/friends as investors, that’s a different option]
 
Here are the questions you may wan to ask for yourself:
Who else would be cooking with me?
How much food can I cook per day?
How many people love what I cook?
Do I need hire temp employees or call on friends to help?
 
Going to a bank for loan is hard these days.
But you need to have enough capital to begin with. This is a must for any business.
Then you must survive running your business the first year. – This is very hard if you took bank loans.
Most importantly you must find affordable marketing & advertising services to position yourself better.
 
Thanks,

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