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6 Replies Last post: Mar 25, 2009 5:42 PM by OccasionsByJC

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Where can I find funding when my personal investment is gone

Jan 4, 2009 11:57 PM

Professional

OccasionsByJC 5 posts since
Jan 4, 2009

I would like to open a Hoagie shop. The business plan is not long (2 pages), but it is done. I have done all the foot work and received prices from Sysco and US Foodservice and I have also researched the prices for the equipment that I will need. I have the Ideal area that I would like to open the shop and I have an almost guaranteed location with not much competition. I have the money for the equipment and the first order to get started. I have also opened the bank account already and registered the business as an LLC where I would like to open the shop. But with all of this being done I have no working capitol and I need funding to get the location. The only down fall is that I do not have perfect credit, but nowadays how many people do. Can anyone help me with any suggestions on where I can go to get help with startup funding that I will get some results

I also am looking for a small space to open the shop. If you are a realtor in GA please contact me. I could also use some marketing help. I have some ideas but need to know if they will be effective.

Tags: business_start_up_, funding_needed, starting_a_new_business, money, marketing Report as inappropriate

SCORE

LUCKIEST 7,938 posts since
Aug 6, 2007

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1. Re: Where can I find funding when my personal investment is gone Jan 5, 2009 7:15 AM

Funding, Welcome Patrece

How soon do you plan on opening this Hogie shop?? When I went to Members page it says that, "We are a wedding and event coordinating firm".

*I am a SCORE Counselor with GREAT marketing skills and ideas. I would
like to read your business plan.*
My email address is " pdeig@juno.com "

Good luck and talk to me, LUCKIEST

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Mogul

caffeinated 176 posts since
Apr 29, 2008

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2. Re: Where can I find funding when my personal investment is gone Jan 5, 2009 9:45 AM

Hi OccasionsByJC and welcome to the SBOC!

Is it too late in the game to look into a franchise? Subway was the No. 1 franchise last year according to entrepreneur.com, http://www.entrepreneur.com/magazine/entrepreneur/2009/january/199092.html

Best of luck,
caffeinated

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OccasionsByJC 5 posts since
Jan 4, 2009

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3. Re: Where can I find funding when my personal investment is gone Jan 5, 2009 12:29 PM

in response to: LUCKIEST

In my description it says that I have 3 businesses. The hoagie shop is the third business that I am trying to get started within the next 3 to 6 months in Atlanta, GA. I have my business plan for the Wedding planning company done and will email that to you as soon as I finish this reply, but the Hoagie shop plan is only about 3 pages including the cover and very basic. I am fine tuning it now. Do you think that will be a problem because it is so short?

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OccasionsByJC 5 posts since
Jan 4, 2009

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4. Re: Where can I find funding when my personal investment is gone Jan 5, 2009 12:31 PM

in response to: caffeinated

I really don't want to do a subway...they are not REAL HOAGIES...and the place where I am opening it would appreciate REAL HOAGIES and not what subway has to offer. Thanks for the suggestion though...

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ICM_LLC 6 posts since
Jan 8, 2009

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5. Re: Where can I find funding when my personal investment is gone Jan 11, 2009 6:04 AM

in response to: OccasionsByJC

I'm from Philadelphia where we do "real hoagies", I am concerned because you mentioned getting food from Sysco and US Foodservice. To be honest, those two names make me feel like you are not getting the correct ingredients to make a "real hoagie". I am not sure what audience you intend to cater to (work ground, neighborhood deli, eat in sandwich shop, etc) but I would encourage you to look into a local bakery for rolls, a well known meat producer with quality cuts, and go with locally grown produce or even organic produce. Combine all those ingredients and you will have a home run hoagie and a far superior final product to anything you could make with Sysco and US Foodservice's goods. Just my two cents from someone that eats an Italian hoagie (w/ luttuce, tomato, oil, vinegar, and sweet peppers) at least once a week from some of the best hoagie shops in the country. The hoagie was invented in my city after all.

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Professional

OccasionsByJC 5 posts since
Jan 4, 2009

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6. Re: Where can I find funding when my personal investment is gone Mar 25, 2009 6:43 PM

in response to: ICM_LLC

thanks for the reply and am from NJ so I know a thing or two about hoagies also...lol...great minds think alike...I am definitely going with a local bakery and fresh produce and the meats that I am going to be getting is D&W...I too love an Italian Hoagie (with extra mayo, oil, oregano, pepper, and hot peppers...with a pickle and some chips on the side of course...lol...)

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