Next step

So for my next step to my first restaurant is finance how to get the money price you need to keep in mind.  The biggest finance problem that most face is loan, to get this their is many things you need to consider before getting a loan.  First you will need great credit like about 700 or more by paying the credit card every month.  Next is to make sure you make enough to pay off the loan, for example what you spend on life needs to be smaller than what you make.  Another thing to keep in mind when trying to get a loan is to make sure that when paying your credit card you pay the minimum every month on the month.  Lastly when chating with the person giving you the loan for the restaurant bring in food from the menu, not everything but the best of the best.  Hope these pointers help you all get your first restaurant off the ground.  If their is a place you want me to eat at please leave a comment and I will post my review about it for the next blog.

Bars

Many restaurants have bars these days to increase their profit but it does not work for everyone.   Ever seen a fast food place with a bar?  No because it would be very difficult to maintain and to make sure the person know how to make the drinks.  Though McDonalds is open 24/7 so for them to add a bar would be profitable but they will lose the family type atmosphere.  So if you want to open a bar in your restaurant than keep in mind the coast, ecperience, and the posible change in the atmosphere in your restaurant.  I hope this post helps people who are thinking about opening a restaurant.  If you have any question please post or send me an email.