Since you already have access to the Internet, the best way to begin is by offering to cater office lunches in your city - where you will have to invest only in the actual items needed for each day, plus packing material. Cooking and packing can be done at home, and initially you can even deliver the food yourself : This should not be too much of a financial strain on you.
...You can begin 'operations', by sending individually addressed mailers (never opt for group mails, because it makes the recipients feel that you do not particularly care for their order !) to various offices - outlining the types of lunches you can offer.
...In all modesty, you can claim that you offer 'home-cooked food that will beat any 5-star restaurant's cuisine, at very affordable prices'. Make sure, that you clearly mention your price for each set-lunch in the mailer.
At first you might not any responses. Please do NOT lose heart, and send a second reminder after about 2 weeks.
...Once you get your first order, it will upto you - to make a name for yourself, with every lunch you serve the Customers. When you have proved that you can deliver even MORE than what you promised, the customers' word-of-mouth publicity will spread - and fresh orders will start pouring in.
You can then rope in a friend, or two, to assist you - and even hire a delivery boy/girl to ensure the timely delivery of your lunches.
...Only when you are confident that you are assured of regular orders for at least 100 lunches each day, should you approach a bank for a loan - and convince them into giving it to you !
...With that loan, you can rent extra space to do the cooking - and invest in larger and better utensils, better custom-designed packaging, plus labour-saving equipment.
Soon, you will be asked by some customers, to cater snacks in the evenings, plus provide even multi-course dinner spreads for office/business parties.
And you can expand, as the orders flow in - investing a part of your profits in finally setting up the full-fledged restaurant of your dreams.
...'Slow and steady will succeed', dear.
Best of Luck.
2006-07-11 22:09:07
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answer #1
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answered by Anonymous
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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:
Restaurant Specific:
* 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
Financial Specific:
* Free Money for Small Businesses and Entrepreneurs by Laurie Blum
* Finding Money: The Small Business Guide to Financing (Small Business Series) by Kate Lister, Tom Harnish
* Financing Your Business Dreams With Other People's Money: How and Where to Find Money for Start-Up and Growing Businesses by Harold R. Lacy
* No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen
* Starting on a Shoestring: Building a Business Without a Bankroll by Arnold S. Goldstein
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!
2006-07-12 09:51:46
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answer #2
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answered by TM Express™ 7
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Get a job as a cook, make some money, get some industry contacts. Then go to chef school, become a chef. Then get a job as a gourmet chef. After a few years you may be able to start your own restaurant.
Success takes a long time, don't be in too much of a hurry or you will fail.
2006-07-12 04:41:16
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answer #3
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answered by Idunno 3
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Compared to offline businesses, the investment required to start an online business is minimal. A popular way of earning money on the internet is by providing information and services. This can be monetised by advertising or charging a subscription. You can also make money online by selling products on auction websites like eBay or through your own website. More information available at http://tinyurl.com/syw6m
2006-07-18 14:13:04
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answer #4
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answered by lalraniusha 3
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Start from your own kitchen, take out, 'chef on demand'. Make a name. Money pours in and you can 'make' a restaurant and even get bank backing because of the business you already made.
2006-07-12 04:41:08
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answer #5
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answered by Puppy Zwolle 7
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Go to your local bank and apply for a Small Business Loan.
2006-07-12 04:40:01
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answer #6
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answered by gaby1120 2
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You could set a little mini resturant at your house.
2006-07-12 04:40:13
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answer #7
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answered by Yandel 2
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