I live on the ocean in RI. I am currently bored with my current job and I know I can do more than this. I would like to pursue my dream of owning a unique Surfshop/Restaurant, similar to that of the Rainforest Cafe. But completly different details of course. What do you think of the idea?
2006-07-06 08:37:20 · 5 answers · asked by Erin S 2 in Business & Finance ➔ Careers & Employment
The best routes to take are to research the process of starting a business as well as the industry you're interested in.
I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.
Associations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.
Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:
* The Restaurant Business Start-up Guide by Paul Daniels
* Restaurants That Work: Case Studies of the Best in the Industry by Martin E. Dorf
* Restaurant Financial Basics by Raymond S. Schmidgall
* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen
* Upstart Guide Owning & Managing a Restaurant by Roy S. Alonzo
* The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-07-07 03:11:11 · answer #1 · answered by TM Express™ 7 · 0⤊ 0⤋
If you have the capital go for it! If you don't have the capital but have good credit a small business loan will get you started.
However if you have neither of this then you may look at other options for you business startup.
One thing you can do is start a business you can do part-time(10 hours weekly) while you still keep your job to pay the bills. I'm currently doing that, if you're interested contact me.
If you are dead set on your restaurant, I wish you the best!
2006-07-06 17:34:50 · answer #2 · answered by steel 2 · 0⤊ 0⤋
This is a site to the Small Business Administration it will help:
http://www.sba.gov/starting_business/
2006-07-06 15:50:46 · answer #3 · answered by Sancira 7 · 0⤊ 0⤋
great idea...if you are very outgoing it will do very well but be aware it will be like purchasing a new home and you will need great credit to get a good loan to start. someone might even team up with you to make it easier on the pocket. good luck with your venture!!
2006-07-06 15:45:50 · answer #4 · answered by Cas813 3 · 0⤊ 0⤋
I think you're motivated and it's worthe a shot.
3 things you need....
Money
Motivation & Determination
Good location
2006-07-06 15:42:29 · answer #5 · answered by sudbury girl 3 · 0⤊ 0⤋