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SHAKE the Money Tree: Funding for Your Restaurant
Imagine if you will. It is 1:30 a.m. and you have one more errand for the day. You need cash for your restaurant business. A simple $250,000 withdrawal from your ATM card and you should be good to go. The stinking ATM machine declines your request. Apparently, your $170.12 balance won’t cover that size of request.
Now what?
Well, keep your chin up. All is not lost. You have, in fact, achieved a wonderful threshold of the entrepreneurial life. You have just received your first financing turndown. This NO puts you one step closer to hearing your first YES! And that really is wonderful. Forget about the ATM machine. Much like many lenders and investors, they won’t be able to see the same vision you do anyway.
What’s next?
Well, you gotta learn how to shake the money tree baby.
Let’s start with the basics. There are three financing stages and each will require you to find money.
1) Seed capital. This is startup funds to finish preparing the business for launch and then actually beginning to operate the joint, or taking a business that didn’t really take off and trying to give it the electric shock treatment.
2) Growth capital. This is once your restaurant has proven it is a viable concept and ready to grow.
3) Harvest capital. This is usually brought on by the owner wanting his wealth out of the business, or possibly wanting to exit, or to bring on other investors.
Keep in mind, there is always money available. And there are plenty of ways to get money for wants and needs, but there are also plenty of money people who really enjoy saying the word, “No.” Get ready. Resilience is the theme for being effective at shaking the money tree.
There will be plenty of “No” in your future. To which, you can only say, “So,” and then move on.
In business, you cannot let a turndown deter you. If the plan is solid, the concept is viable, and you are passionate about the project, in time, you will certainly hear that magic word – whether it comes from your local banker, a venture capital firm, or even Aunt Emma.
The problem for some businesses, though, is they don’t know how to get the capital they need. Those businesses fail.
How do you get money?
■ Have a Great Restaurant Concept. You must be able to answer, “What sets you apart from the competition?”
■ Provide a Complete and Well-conceived Business Plan. Whether you are a start-up or have been in business for twenty years, a business plan is critical to securing funding of any kind.
■ Choose The Right Site. Great locations can ensure success for nearly any concept.
■ Offer A Funding Plan Schedule. This is a set of strategies for targeting the right amount of money from the right sources, at the right time, for the right price. Be sure to examine all the sources you can. Also, define the points in your plan when you will most likely need an injection of cash. Knowing ahead of time what you will need and when is much better than trying to take all your money at once or worse, going to the money well too many times.
■ Use Common Sense. Figure out how much money you actually need, not what you think you can get.
Falling short later can be more painful than not getting anything now. And greedily overreaching is just, well, bad karma.
■ Have a Strong Management Team. Can your team get it done? Often, a loan will be decided based on the level of experience, professional appearance, attitude, and the personal track record of success of your team, as well as your ability to engender confidence. So you want money for your restaurant? Surround yourself with people who cover any deficiencies you may have, whether it be leadership, accounting, marketing, etc. Once you have assembled your team, ask yourself- “Would I loan money to these guys?” If you have a team you believe in, that will shine through to a smart investor. Knowing WHO to ask and HOW to ask them is critical. You can beg and grovel, but that probably won’t work, so we will need to save that for next time.
Points To Ponder!
Carefully consider what the use of someone else’s money will cost you. What areyou willing to give up in ownership? How much are you willing to pay in interest?
Food for thought
Colonel Sanders, himself, spent seven years traveling the country selling his chicken out of the back of his station wagon before he found someone to fund his secret recipe. He didn’t care who said, “No.” He knew the only right answer was, “Yes!”
About the Author
Howard Cannon, CEO, Restaurant Expert Witness, www.restaurantexpertwitness.com and www.restaurantconsultantsofamerica.com, is the author of several restaurant industry books, including: The Complete Idiot’s Guide to Starting a Restaurant©, volumes I & II, found in bookstores in more than 76 countries around the globe, and the soon-to-be released: We Are a FOR-PROFIT Restaurant. Any Questions?© series of books. He has written and presented more than 200 industry articles, speeches and seminars and has spoken at industry events, corporate gatherings, high schools and universities across the country.
A renowned speaker, author, consultant, and advisor, Howard is considered by many to be a foremost authority and expert on Restaurant Start up, turnaround and profit improvement. He is called on by restaurant companies of all types and sizes, from Fortune 500 firms to independent owner/operators, to implement his strategies to improve day-to-day operational performance and profits within days. He has worked in every state across the United States and in several countries around the globe and has implemented his strategies and techniques in concepts ranging from quick service to fine dining.
His 23+ years of experience, also makes Mr. Cannon one of the most sought after Restaurant Expert Witnesses in the country. He has provided expert opinions, reports and testimony in cases involving wrongful deaths, slips and falls, FACTA, and franchise infringement – just to name a few. He takes pride in providing the most detailed, well-written, unbiased reports backed up by not only his vast experience in the restaurant industry, but also with the most current information and research available.
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RESTAURANT SCHIFF HOTEL $294.79 WE ARE A 3 STAR HOTEL AND RESTAURANT SITUATED IN THE OLDTOWN OF LUCERNE RIGHT IN FRONT OF THE RIVER REUSS. THERE ISA 2 MINUTE WALKING DISTANCE TO THE CHAPEL BRIDGE ONE OF THEMOST FAMOUS LANDMARKS OF LUCERNE. ROOMS ARE ALL EQUIPPEDWITH COLOR TV DIRECT DIAL TELEPHONE HAIR DRYER AND DIGITALSAFE. TEA AND COFFEE ARE COMPLIMENTARY IN THE ROOM. IN THEFIRST FLOOR YOU CAN FIND OUR WELL RECOMMENDED RESTAURANTAWARDED 13 POINTS GAULT MILLAU. WE SERVE TRADITIONAL SWISSAND INTERNATIONAL FOOD. DURING THE SUMMER SEASON THERESTAURANT DIE SCHIFFERLAUBE AND THE ANTIPASTERIA LA BARCABOTH SITUATED UNDERNEATH THE ARCHES DIRECT BY THE RIVER SIDEINVITE FOR A NICE APERO DINNER OR A WELL SELECTED COFFEEGRAPPA OR CIGAR. ADDITIONAL INFORMATION CHILDREN UNDER THEAGE OF 3 YEARS STAY FREE IN THE ROOM WITH PARENTS AND INEXISTING BEDDING. CHILDREN OVER THIS AGE WILL BE CONSIDEREDAN ADULT. THE HOTEL RESERVES THE RIGHT WITHOUT PRIORNOTIFICATION TO CANCEL ANY RESERVATION WITH AN INVALID ORINCOMPLETE CREDIT CARD NUMBER. BUDGET SINGLE ROOM D1SBUDGET SINGLE ROOM SINGLE BED SHOWER TOILET TV PHONE SAFE HAIRDRYER FACING OLD TOWNMAX OCC INCL CHILDREN 1.STANDARD SINGLE C1TSINGLE ROOM DOUBLE BED SHOWER TV PHONE SAFE HAIRDRYER COFFEE TEA FACING THE OLD TOWNMAX OCC INCL CHILDREN 1.SUPERIOR SINGLE RIVER VIEW G1QSINGLE ROOM SHOWER QUEEN BED REUSS RIVERVIEW SHOWER TOILET TV PHONE SAFE HAIRDRYERMAX OCC INCL CHILDREN 1.STANDARD DOUBLE C1DSTD DOUBLE MAX 2 ADULTS DOUBLE BED SHOWER TV PHONE SAFE HAIRDRYER COFFEETEA FACING OLD TOWMAX OCC INCL CHILDREN 2.SUPERIOR DOUBLE RIVER VIEW B1DSUP DOUBLE RIVER VIEW 2 TO 3 ADULTS DOUBLE BED EXTRA BED ON REQUEST BATH OR SHOWER TV SAFEMAX OCC INCL CHILDREN 2 |
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GRENZHOF HOTEL AND RESTAURANT $199.48 HOTEL GRENZHOF IS SITUATED IN THE CALMNESS OF AN OLDLANDMARKED NOSTALGIC HAMLET. YOU CAN FEEL THE TRADITION OFTHE SITE IN EACH ROOM OF THE COUNTRYHAUSE AND IT IS THECOMBINATION WITH MODERN STYLE WHICH ATTRACTS OUR GUESTS. INGENERAL IT IS THE THE TREMENOUS AND IDYLLIC ATMOSPHERE YOUWILL ONLY FIND IN A SMALL AND FAMILY BASED HOUSE WHICHDIFFERENTIATES US FROM OTHER HOTELS. YOUR OPTIMUM RESORT TORELAX FROM YOUR BUSY DAYS AND THE PERFECT PLACE TO RELOADYOUR ENERGY IN TRANQUIL ENVIRONMENT.. 28 ROOMS LEVELS INTERIOR CORRIDOR .. ROOM AMENITIES.AVAILABLE IN ALL ROOMS BATHROOM AMENITIES CABLE TV COLOR TV DIRECT DIAL PHONE ELECTRICAL PLUG ADAPTERS HAIR DRYER MODEM DATAPORT PRIVATE BATH RADIO REMOTE CONTROL TV SHOWER STALL.MEETING ROOMS 3 |
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HOTEL RESTAURANT SONATA $132.08 PROPERTY TYPEVACATION HOTEL BUSINESS HOTEL BED AND BREAKFAST HOTEL VACATION/SPA HOTEL VACATION/SEMINAR HOTEL BUSINESS/SEMINARHOTELYEAR BUILT 2005YEAR REMODELED 2009RATINGSSTARS 3 STARSADDITIONAL HOTEL DESCRIPTIONWELCOME TO THE HOTEL SONATA. ARE YOU MISSING THE NATUREAND FEEL TIRED OF STRESSFUL RHYTHMIC LIFE. TAKE A MINUTEAND ENJOY THE NATURAL VALUES IN BIRSTONAS DARESAY ONE OFTHE MOST BEAUTIFUL PLACES IN LITHUANIA IN THE HOTELRESTAURANT SONATA. THIS IS A HOTEL WITH 22 COSY ROOMSSITUATED ON NEMUNAS RIVERBANKS AND SURROUNDED BYPINEWOODS. IF YOU TAKE A LOOK THROUGH A WINDOW HERE YOUARE NOT GOING TO SEE ANY DARK CITY STREETS OR HEAR ANYURBAN NOISE EXCEPT FOR A SOUGH OF PINE TREES YOU WILLONLY CATCH A SIGHT OF BLUE RIVERBED OF NEMUNAS AND A WIDEWALKING PATH WAITING FOR YOU. GENERAL ROOM INFORMATION NUMBER OF ROOMS 22 NUMBER OF SUITES 22 NUMBER OF FLOORS 4 NUMBER OF NON SMOKING ROOMS 10ROOM DESCRIPTIONS ROOM CODE A1B BEDDING TYPE KING CLASSIFICATION STUDIO LOCATION/VIEW RIVER VIEW MAX OCCUPANCY 2 MAX NUMBER OF ROLLAWAYS 0 ROOM DESCRIPTION A1BFOR COMFORT AND HIGH QUALITY LOVERS APARTMENTS WITH ASITTING ROOM BEDROOM AND TERRACE WHERE YOU MAY ENJOY YOURCOFFEE AND ADMIRE THE VIEW OF NEMUNAS. AFTER LONG WALKS YOUARE WELCOME TO RELAX IN JACUZZI OR JUST WATCH A TV. YOU WILLALSO FIND INTERNET TELEPHONE MINI BAR IN THE ROOM.2 EXTRA BEDS ARE POSSIBLE IN THIS ROOM. ROOM CODE C1D BEDDING TYPE DOUBLE CLASSIFICATION REGULAR LOCATION/VIEW LAKE VIEW MAX OCCUPANCY 2 MAX NUMBER OF ROLLAWAYS 0 ROOM DESCRIPTION C1DSTANDARD ROOM WILL SUIT TO ANY VISITOR. IT HAS DIFFERENTROOM FURNISHINGS FURNITURE COLOR NICE WINDOW VIEW THAT YOUMAY ALSO ADMIRE IN THE BALCONY. HERE YOU WILL FIND MINIBARS TELEVISION TELEPHONE AND INTERNET LINE.WE CAN OFFER TWO STANDARD FAMILY ROOMS WITH ONE HALLWAY ANDSHOWER. ROOM CODE A1K BEDDING TYPE KING CLASSIFICATION REGULAR LOCATION/VIEW PARK VIEW MAX OCCUPANCY 2 MAX NUMBER OF ROLLAWAYS 0 ROOM DESCRIPTION A1KWE OFFER LUXURY SUITE FOR MODERNITY SEEKERS. THIS IS A ROOMOF NEW DESIGN WITH A ROUND GLASS WALL ORIGINAL ROOMLIGHTING WHICH MAKES THE ROOM EVEN MORE COSY AND SPECIAL.LUXURY SUITE HAS A MINI BAR TV TELEPHONE. |
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BOMANS HOTEL AND RESTAURANT $264.49 Forty minutes south of Stockholm lies the quaint coastal village of Trosa where pastel coloured wooden houses line the banks of the river and fantastic seafood restaurants cafes and galleries are scattered around the marina. This is also where you will find the eccentric boutique hotel Bomans. All 45 rooms are individually decorated with items the owners have acquired over the years mixed in with modern design pieces from Svenskt Tenn Fritz Hansen Philippe Starck and Ikea for some guests the bedroom will be secondary the Bomans are a family of restaurateurs just as much as they are a family of hoteliers and their ultra local fare stylishly prepared draws it share of dinner guests. More than anything its the atmosphere a sort of luxe pastoral by the sea that keeps them coming back. All hotel rooms have down pillows and down comforters shower and some of them also bathtubs. Nespressomachines with complimentary capsules Ipod docking stations. All rooms are indiviually decorated with different furnitures fabrics etc.Standard RoomOur smallest rooms that accomodate two people. All rooms are individually decorated and have small bathrooms with walk in showers. Nespresso machine with complimentary capsules Ipod docking station. Down pillow and down comforter Egyptian cotton sheets. Some of the rooms are facing the hotels garden and the harbour. Some rooms have queensize beds and some have two single beds. Bathrobe and slippers Complimentary high speed internet. Flat screen TV with satellite channels. Breakfast included. 14 m2/ 150 sq feet. Superior RoomsIndividually designed double rooms most of them with bathtubs. Nespresso machine with complimentary capsules Ipod docking station. Down pillow and down comforter Egyptian cotton sheets bathrobe and slippers Byredo toiletries complimentary high speed internet. Flat sreen TV with satellite channels. Breakfast included. 18 m2/ 190 sq feet. This room can accommodate a total of 2 guests but no more than 2 adults age 18 and over.Deluxe RoomsIndividually designed large de luxe rooms. Most of them with balconies or terraces. They all have bathtubs integrated in the room. Nespresso machine with complimentary capsules Ipod docking station. Down pillows and down comforters Egyptian cotton sheets bathrobe and slippers Byredo toiletries complimentary high speed internet. Flat screen TV with satellite channels. Breakfast included. 30 m2/ 323 sq feet. This room can accommodate a total of 4 guests but no more than 2 adults age 18 and over.SuiteIndividually designed suites one of them with a terrace towards the hotel garden. The other one facing the harbour. Bathtub and walk in shower. Nespresso machine with complimentary capsules Ipod docking station. Down pillows and down comforters Egyptia |
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The Complete Idiot’s Guide To Starting A Restaurant 2nd Edition $16.99 The recipe for a successful restaurant-now revised In this revised edition aspiring restaurateurs will find everything they need to know to open a successful restaurant including choosing a concept and location creating a business plan finding the cash and much more. New content includes information on tips tip-outs and reporting for the entire staff choosing the best POS system setting up a bar and managing the wine list and making the bottom line look good long-term. -Restaurants are a high-risk venture but starting a bar or restaurant is still one of the most popular new business ventures (Cornell Univ/Mich State) -Overall industry sales are projected to hit $476 billion for 2005 a 4.9% increase -The industry employs a workforce of 12.2 million in more than 900 000 restaurants nationwide (National Restaurant Assn.)The recipe for a successful restaurant-now revised In this revised edition aspiring restaurateurs will find everything they need to know to open a successful restaurant including choosing a concept and location creating a business plan finding the cash and much more. New content includes information on tips tip-outs and reporting for the entire staff choosing the best POS system setting up a bar and managing the wine list and making the bottom line look good long-term. -Restaurants are a high-risk venture but starting a bar or restaurant is still one of the most popular new business ventures (Cornell Univ/Mich State) -Overall industry sales are projected to hit $476 billion for 2005 a 4.9% increase -The industry employs a workforce of 12.2 million in more than 900 000 restaurants nationwide (National Restaurant Assn.) |
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Find Out Who&Apos;S Normal And Who&Apos;S Not $4.99 Do you have to worry about your co-worker, nanny, neighbor, or date? If you're concerned about a new relationship, or even an old one, you will no longer need to rely on instincts, hunches, or horoscopes. Even when interaction is limited to mere observation or a brief exchange, whether you're at a bar, restaurant, park, or even in an elevator, you can discover how to assess the general emotional stability of a person in just minutes. The legendary leader in human behavior, Dr. David J. Lieberman, shows you how to protect yourself and your loved ones –emotionally, financially, and physically–from unstable individuals who will inevitably pass through your life. |
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Complete Idiot’s Guide To Starting A Restaurant, 2nd Edition $14.59 The recipe for a successful restaurantnow revised In this revised edition, aspiring restaurateurs will find everything they need to know to open a successful restaurant, including choosing a concept and location, creating a business plan, finding the cash, and much more. New content includes information on tips, tip-outs, and reporting for the entire staff, choosing the best POS system, setting up a bar and managing the wine list, and making the bottom line look good long-term. -Restaurants are a high-risk venture, but starting a bar or restaurant is still one of the most popular new business ventures (Cornell Univ/Mich State) -Overall industry sales are projected to hit $476 billion for 2005, a 4.9% increase -The industry employs a workforce of 12.2 million in more than 900,000 restaurants nationwide (National Restaurant Assn.)The recipe for a successful restaurantnow revised In this revised edition, aspiring restaurateurs will find everything they need to know to open a successful restaurant, including choosing a concept and location, creating a business plan, finding the cash, and much more. New content includes information on tips, tip-outs, and reporting for the entire staff, choosing the best POS system, setting up a bar and managing the wine list, and making the bottom line look good long-term. -Restaurants are a high-risk venture, but starting a bar or restaurant is still one of the most popular new business ventures (Cornell Univ/Mich State) -Overall industry sales are projected to hit $476 billion for 2005, a 4.9% increase -The industry employs a workforce of 12.2 million in more than 900,000 restaurants nationwide (National Restaurant Assn.) |
Italian Menus In English
Mario Batali’s Babbo Restaurant In New York
Mario Batali is a famous and renowned Italian chef. He is also an Iron Chef on the Food Network channel. He is the author of many Italian cookbooks featuring his signature dishes. He studied at the Le Cordon Bleu and Rutgers University. He is of Italian, French, and English ancestry. Mario Batali lives in New York City with his wife and two sons.
He opened the Babbo Ristorante e Enoteca in New York to showcase fine Italian food. Babbo is located at 110 Waverly Place at the Northwest corner of Washington Square Park in New York’s Greenwich Village. The Gourmet magazine stated that this restaurant is forging the future of Italian cuisine. The Babbo Restaurant has 3 star dining and outstanding decor. Babbo is where Mario creates his signature dishes for the people of New York. People travel from all over the world to dine at Babbos.
Some of the Italian dishes that Mario serves are different types of Primi, such as Goat Cheese Tortellini, Bavette, Goose Liver Ravioli, Homemade Orecchiette, Gnocchi, and Lamb’s Brain Francobolli among many others.
Babbos also serves Pasta Tasting menus such as Black Tagliatelle, Garganelli, Castagnaccio, and Casunzei. They also offer Traditional Tasting Menus that feature Fico in Mosto, Chocolate Tartufino, Duck Tortelli, and Pork Tenderloin.
Babbos also has a scrumptious Italian Dessert Menu selection to choose from. They serve Biscotti and Cookies, Warm Apple and Fig Brioche with Crabapple Jelly and Cinnamon Gelato, Pistachio and Chocolate Semifreddo and Three to Seven different types of cheeses.
About the Author
L Robbins decided to create a website, which brings restaurants to the public in their own area. I was at work one day and we were looking for a restaurant that delivered food to our area, we couldnt find one, so we decided to create this.
I am a restaurant website owner for a few years now. Like to bring quality restaurants to your finger tips.
http://www.localrestaurantdirect.com>Italian restaurants
[Cloud Scene] Mancini the Magician reads the Italian Menu
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Cassell’s Italian Dictionary (Thumb-Indexed Version): Italian-English English-Italian $24.95 “Thumb-indexed edition > It takes its dignified place in the Cassell series, that fountainhead and model of “modern lexicography,” said “Le Lingue del Mondo.” “The compilers have given an excellent working tool to the English and ourselves.” > This entirely new dictionary is designed as a mirror of contemporary Italian life but it includes obsolete words and phrases which are recurrent in the works of classic Italian writers for the benefit of readers and students of Italian literature.” |
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Classic Songs — Italian, French & English $9.99 “(High Voice (French, Italian, English Language Edition)). Edited by Compiled by Ruth H. Taylor. For Voice (High voice (Medium-High)). Masterworks; Vocal Collection. Masterwork. Book. 48 pages. Published by Alfred Music Publishing” |
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From Italian to English $39.98 No Synopsis Available |
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Berlitz Italian-English Dictionary $5.96 This book is in New – Excellent condition |
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Italian Verbs For Dummies $7.99 Over 66 million people around the world speak Italian, and Italian remains a popular choice for American students studying a foreign language. Italian Verbs For Dummies is ideal for those who have a basic knowledge of Italian but wish to improve their fluency by mastering the nuances of Italian verbs. This plain-English guide provides coverage of basic sentence structure, moods, tenses, and regular and irregular verbs, along with exercises to make conjugating Italian verbs a snap. It can also serve as a supplementary resource for students to use alongside classroom books. |
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Classic Songs: Italian, French & English $7.95 Edited by Compiled by Ruth H. Taylor. For Voice (Low voice (Medium-Low)). Masterworks; Vocal Collection. Masterwork. Book. 48 pages. Published by Alfred Music Publishing |
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The Firefly Italian/ English Visual Dictionary $24.95 No Synopsis Available |
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Merriam-webster’s Italian-english Dictionary $4.75 No Synopsis Available |
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