how do you go about starting a restaurant in Charlotte NC.?

Question

I am now residing in the DC area but want to relocate to NC and start my own buisness but do not fully have the funds, who do I turn toand or whats the best way to go about doing it?

Answer 1

I think you are biting off more than you can chew. Unless you have a tremendous support system in NC, you might want to rethink doing two serious decisions at the same time. Relocating is very difficult without starting a new business and without the financial resources. However, if you are moving home with family and will have free rent, food, and a time period to get your business going without financial pressures, then I suggest you go for it. If not, I suggest you get into a micro-lending organization in NC. North Carolina leads the nation with great micro-lending organizations. I suggest you get into a circle loan group where you will have support. I highly recommend both Good Work and Self-Help in North Carolina.

Microenterprise Defined
AEO and its members have defined microenterprise as a business with five or fewer employees requiring $35,000* or less in start-up capital. AEO estimates that there are over 20 million U.S microenterprises, which represent 17% of all private employment in the U.S. In addition, microenterprise represents a path from poverty to financial security for many low-income individuals.

* Loans of $35,000 and under are known as microloans.


Carteret Community College
3505 Arendell Street
Morehead City, NC 28557
Phone: [phone]
Fax: [phone]
Website: http://www.carteret.cc.nc.us

Good Work, Inc.
115 Market Street
Suite 470
Durham, NC 27701
Phone: [phone]
Fax: [phone]
Website: http://www.goodwork.org

Mountain Microenterprise Fund
29-½ Page Avenue
Asheville, NC 28801
Phone: [phone]
Fax: [phone]
Website: http://mtnmicro.org

North Carolina Rural Economic Development Center
4021 Carya Drive
Raleigh, NC 27610
Phone: [phone]
Fax: [phone]
Website: http://www.ncruralcenter.org

Self-Help Ventures Fund
301 W. Main Street
Durham, NC 27701
Phone: [phone]
Fax: [phone]
Website: http://www.self-help.org

The estimated 600 microenterprise development organizations (MDOs) operating in the U.S. exist to support disadvantaged entrepreneurs as they start or expand their businesses. MDOs can increase the chance of business success by bridging the gap between disadvantaged individuals and the tools they need to start and grow successful businesses. MDOs offer business training, technical assistance, access to capital, and other services to entrepreneurs to assist them in realizing their dream of business ownership. For many low-income entrepreneurs MDOs represent the only opportunity to access the capital and business tools necessary for business start-up.



Read the following on why you should consider starting small and growing slowly without a huge financial burden. You may want to start smaller with a brown bag business(lunch service to professionals), a catering firm, or a small specialty fine food company.

http://www.ladyandsons.com/paula.php
http://gourmetfood.about.com/od/chefbiographie1/p/pauladeenbio.htm

I hope you have done all your research on starting your restaurant and have begun your business plan. If not here are some books and websites that will assist you. Good luck!

http://www.bplans.com/sp/businessplans.cfm

These books can be bought new or used on amazon.com

1.Starting a Small Restaurant, Revised by Daniel Miller

2. The Professional Caterer's Handbook: How to Open and Operate a Financially Successful Catering Business by Lora Arduser and Douglas Robert Brown

3.Restaurant Site Location: Finding, Negotiating & Securing the Best Food Service Site for Maximum Profit (Food Service Professional Guide) (Food Service Professionals Guide to, 1.) by Lora Arduser

4. No Cash No Fear: Entrepreneurial Secrets to Starting Any Business with No Money by Terry Allen

5. From Kitchen to Market (From Kitchen to Market: Selling Your Gourmet Food Specialty) by Stephen F. Hall

6. Food Booth: The Complete Guide to Starting and Operating a Food Concession Business by Barbara J Fitzgerald

7. Start Your Own Restaurant (and Five Other Food Businesses) (Entrepreneur Magazine's Start Ups) by Entrepreneur Press and Jacquelyn Lynn

I sincerely hope some or all of this helps you in your business pursue. If you have any other questions, feel free to contact me. Good Luck!

Answer 2

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. 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

* Start a Business in North Carolina or South Carolina, 2E by Jacqueline Stanley, Jeffrey DeGood
* How To Incorporate and Start a Business in North Carolina by J. W. *****
* How to Start a Business in North Carolina by Entrepreneur Press

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!

Answer 3

My dad went to UNC... dont imagine of it replaced into Charolette although.. yet he's at present a marginally sucsesfull phycyatrist (exuse my spelling) I dont acctually stay in Charrolette, yet I pass to in many situations. Charolette is the most important city in NC, and it truly is a marginally good city. I dont pass to in many situations sufficient to appreciate how the human beings there are like. regardless of the straightforward undeniable reality that it has some ideas-blowing houses, and it has each and each dodge could immagine. UNCC is a marginally good college i keep in mind that, and what better appropriate position to income about structure than the position there are ideas-blowing buldings to income? it truly is a marginally ideas-blowing city, truly up-kind from what i have were given seen. i love it there, on a ideas-blowing sunny day it truly is a actual deal with. i'd say elect for it, UNCC isnt nicely worth lacking, in case you should get an further interest, probable promote countless your structure designs for some money. want this facilitates particularly, God bless. :)