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SVTPerformance's Chain of Restaurants
Road Side Pub
Any Entrepreneurs In Here?
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<blockquote data-quote="Last" data-source="post: 10988297" data-attributes="member: 47180"><p>Good to hear that you have one of the more important things (Capital) on tap, now the MOST important thing must be found (business plan). Outdoors stuff is way too broad, Construction, Landscaping, Roofing? Or maybe Septic tank, Propane delivery, Well drilling, geothermal air conditioning installation? </p><p></p><p>Find something people NEED, not want, (food/fuel/utilities) because you will always have business. The worse the economy became, the more business poured into my store (pizza place).</p><p></p><p>Honestly if I had the capital to push around, I would find someone to be the operating partner and just finance them to open up a franchise of some sort (chik-fil-a/Qdoba/pizza place, etc...) Franchises have a much, much lower failure rate, but you do have to pay royalties to corporate, and also have to run it the way they tell you. You could be the 51% partner, and get in your contract stating that if the business starts to fail, you can step in as operator and your partner has to forfeit his 49% ownership.</p><p></p><p> I've been thinking of getting rid of my franchise and moving to open an outdoor shooting range... There is a lot of gun enthusiasts in Florida isn't there?</p></blockquote><p></p>
[QUOTE="Last, post: 10988297, member: 47180"] Good to hear that you have one of the more important things (Capital) on tap, now the MOST important thing must be found (business plan). Outdoors stuff is way too broad, Construction, Landscaping, Roofing? Or maybe Septic tank, Propane delivery, Well drilling, geothermal air conditioning installation? Find something people NEED, not want, (food/fuel/utilities) because you will always have business. The worse the economy became, the more business poured into my store (pizza place). Honestly if I had the capital to push around, I would find someone to be the operating partner and just finance them to open up a franchise of some sort (chik-fil-a/Qdoba/pizza place, etc...) Franchises have a much, much lower failure rate, but you do have to pay royalties to corporate, and also have to run it the way they tell you. You could be the 51% partner, and get in your contract stating that if the business starts to fail, you can step in as operator and your partner has to forfeit his 49% ownership. I've been thinking of getting rid of my franchise and moving to open an outdoor shooting range... There is a lot of gun enthusiasts in Florida isn't there? [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Any Entrepreneurs In Here?
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