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3 Replies Last post: Dec 29, 2008 4:20 PM by Steve816

Starting a Business

Dec 29, 2008 12:37 PM

Steve816 2 posts since
Dec 29, 2008

Hello all,

I am starting a Lounge/Restaurant here in Kansas City, MO. I have completed most of my Business Plan except the financial part. Since I have never been in this industry before does any one have any Ideas of where I should get these numbers from. Also once I finish my Plan in a week or so, who should I contact in this area that provides loans if I dont have working capital or excellent credit already established?

Are there any investors who dont look for liquid assets but would loan money and tie the money to inventory or the building. If any one has information I would appreciate it.

Thanks,

Steve

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caffeinated 180 posts since
Apr 29, 2008

1. Re: Starting a Business Dec 29, 2008 3:38 PM

Hi Steve816 and welcome to the SBOC! You may not like my answer but I would suggest working in a similar restaurant in which you're trying to open in Kansas City to gain the experience in running one. Ask the manager or owner if they could mentor you. You can start filling in the blanks of your business plan pretty fast that way

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LUCKIEST 8,136 posts since
Aug 6, 2007

2. Re: Starting a Business Dec 29, 2008 4:12 PM

Starting a Business, Welcome Steve

One of the first places you should contact before you start your restaurant is SCORE.

You can meet with a SCORE Counselor in person or visit SCORE on line. SCORE is FREE.

SCORE can also help with the numbers for your Bus Plan.

Good luck, LUCKIEST

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Steve816 2 posts since
Dec 29, 2008

3. Re: Starting a Business Dec 29, 2008 4:20 PM

in response to: LUCKIEST

I have visited with the SCORE here in Kansas City, but they dont seem to know all of the information that I would need for my plan. They are advising me to do the research on my own because they dont have anyone on hand that has done this concept before. So any sugestions?

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ForumsStarting a Business

This Question is Not Answered

Starting a Business

Dec 29, 2008 12:37 PM

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