Mario Villegas Seattle - If this is your first bar
or restaurant finding someone to invest in your restaurant will be a
challenge. You may have listened or read about venture capitalists,
private equity firms, or angel investor organizations. In fact, do your
research on these terms and you'll find plenty of wealthy investment
groups looking for the next bigger ideas to invest in. If you're an
established restaurant with franchise or growth opportunity, then
pursuing these types of investment firms should be relative easier and
yield dividends. However, for startup restaurants, chasing these
professional investment groups is impractical.
If you want to increase your chances of finding an investor or partner you must have a strong and professionally done business plan should reflect your qualifications, experience and track record, and that of your proposed management team if already selected. The business plan needs to do a good job of detailing the restaurant concept and provide a convincing argument of how that restaurant concept can be successful in the local market.
If you want to increase your chances of finding an investor or partner you must have a strong and professionally done business plan should reflect your qualifications, experience and track record, and that of your proposed management team if already selected. The business plan needs to do a good job of detailing the restaurant concept and provide a convincing argument of how that restaurant concept can be successful in the local market.
