![]() |
|
![]() | ||
|
Subject:
Restaurant Idea Needs Funding
Category: Business and Money > Finance Asked by: soonerce-ga List Price: $10.00 |
Posted:
28 Mar 2005 08:23 PST
Expires: 28 Mar 2005 10:32 PST Question ID: 501390 |
I have an excellent idea for a restaurant. However, I do not have the money necessary to begin the venture. Hence the following questions: 1. What do I need to get together in order to present my idea effectively? (ie, verbal description, slideshow presentation, etc) 2. What company (if any) should I contact to sell the idea to? (ie, venture capitalists, investment firms, etc). I need a large financial power to be able to see my idea and believe in its promise. I basically need to know how to turn the idea into my head into reality, and I have very little money to spend. I have time, computers and printers to help get the vision across but that's about it. |
![]() | ||
|
There is no answer at this time. |
![]() | ||
|
Subject:
Re: Restaurant Idea Needs Funding
From: thelameduck-ga on 28 Mar 2005 10:04 PST |
congratulations on your entrepreneurial spirit. I hope your plan goes well, however i'll warn you that venture capitalist avoid investing in food businesses, because statistically speaking, they are nearly the least likely to become a fortune 500 company. From that standpoint, professional VC's will avoid restaurants because they'll never see millions of dollars within 5-7 years. However, if you are to succeede, it will probably be with someone not investing to make windfall profits, but because they too have a passion for the industry. To meet an Angel investor, you'll need to actually start meeting with VC's and Angel investor's in your area for advice. Build a social network around people with money in your area of interest, and keep talking about your idea, and asking for suggestions. This is how most connections are made on the level that you're looking for. Again, good luck |
If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you. |
Search Google Answers for |
Google Home - Answers FAQ - Terms of Service - Privacy Policy |