The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

Search results

  1. P

    Starting first business- a drive thru!

    EXECUTION 
    Hey I love all the suggestions! We actually looked at being near some schools for that very reason but all the land owners are holding out for a big time business or want a 10 year lease. I think you’re right though. Once we validate the idea, we can really dig deep.
  2. P

    Starting first business- a drive thru!

    EXECUTION 
    100% agree on all acounts. 1. While that may be the main target audience, we aren’t ignoring anyone. 2. We plan on starting with a simple menu and letting the customers dictate what else they want. 3. I’d love to go solo, but my career and risk tolerance with my family’s finances with my...
  3. P

    Starting first business- a drive thru!

    EXECUTION 
    I don’t disagree about how much it blows trying to pull out onto the road at a busy corner. The less busy location, while it is a corner, isn’t congested at all, doesn’t have a light or stop sign to slow traffic, and has 3 separate exits. I don’t see traffic flow as much of a concern. I hadn’t...
  4. P

    Starting first business- a drive thru!

    EXECUTION 
    Thanks for your comments and both bring up good points. I hesitate to describe either of us as great marketers but we will definitely need to sit down and come up with a marketing plan. I like the idea of working out some type of trade. I also agree that an intersection that is too busy can...
  5. P

    Starting first business- a drive thru!

    EXECUTION 
    Minor update: Found a new partner who is willing to help run the shop and also invest about 20k. He has entrepreneurial experience which is a huge plus. We are currently looking at 2 locations. One is absolutely prime but they are asking 4100 a month in rent, but the location is probably one...
  6. P

    Starting first business- a drive thru!

    EXECUTION 
    Thanks for your comments. I honestly don’t love soda either, and I agree it’s worth having some healthier options. Thanks for your comments and you bring up a good point. I think that whoever I bring on board, I will need to find a way to incentive them with either ownership or bonuses on...
  7. P

    Starting first business- a drive thru!

    EXECUTION 
    Update: My partner just accepted a job out of state, so he has backed out of the business. He offered to continue to help get it up and running, but I think they’ll be gone before we open. I’m torn on this because I like the idea of being the sole owner, but I have a full time job and dont...
  8. P

    Starting first business- a drive thru!

    EXECUTION 
    Thanks, and yeah convenience is the name of the game! That’s a great deal. I checked out upwork and it looked pretty legit. I’ll make an account and get a few bids. Thanks again for the heads up!
  9. P

    Starting first business- a drive thru!

    EXECUTION 
    I’ve heard of those bikini barista places. Sounds like they can do pretty well, but certainly an niche business. Haven’t seen any around here, but also not a coffee guy. I’ll take a look at upwork, I assume it’s another freelance website. I think that’s probably the route we will go as I don’t...
  10. P

    Starting first business- a drive thru!

    EXECUTION 
    Thanks for the input, that’s some good advice and probably something I need to think about. We have roughly figured out daily/monthly expenses, but we probably need to sit down and try and get as exact as possible. Are there any resources out there to help figure out expenses? We’re both...
  11. P

    Starting first business- a drive thru!

    EXECUTION 
    Little update: We have found a pretty good location and they have already pulled utilities to the site, which is nice. Just need to build the foundation and do some paving as the site is unfinished. They asked for a business plan, so I had to google that and hopefully they like it. Any advice...
  12. P

    Starting first business- a drive thru!

    EXECUTION 
    I think you need a strong presence of non coffee drinkers (Mormons) who get their caffeine from something else, like soda. Thanks for the interest, I’ll keep you guys posted
  13. P

    Starting first business- a drive thru!

    EXECUTION 
    I actually think I’ve seen that costume, so I know what you’re talking about. It is pretty sweet. This thread has me thinking about ways to make the place unique and interesting. I’m kicking around a few ideas, but am trying to focus on getting it up and running first.
  14. P

    Starting first business- a drive thru!

    EXECUTION 
    Good point about some of the factors that go along with owning. Didn't consider that. Never heard of twistee treat but i'll look into them. I like the idea of having something unique stylistically that makes you easily recognizable. We have the business name, which plays well with the actual...
  15. P

    Starting first business- a drive thru!

    EXECUTION 
    Lol, that's a crowded field around this forum for sure. Thanks for chiming in Kak, great to have the eyes of one of the big dogs around here. We briefly contemplated getting a place large enough for indoor seating and a drive thru, but decided we'd rather get people in and out and not have to...
  16. P

    Starting first business- a drive thru!

    EXECUTION 
    Those are some good ideas! We do plan on selling popcorn and I like the idea of a happy hour of some sort with free/cheap stuff. The report card idea is something I hadn't thought of, but I really like it. Uniforms are a must, as I think it goes along with having a congruent brand. While we are...
  17. P

    Starting first business- a drive thru!

    EXECUTION 
    Let me answer that last question again. Compared to other similar shops in other states, not much differentiates us, again, aside from branding. Compared to other options in the area, we offer drinks you can't get at McDonald's, gas stations, or grocery stores. Things like Dr. Pepper with...
  18. P

    Starting first business- a drive thru!

    EXECUTION 
    Great question, and honestly, not much. Different name and branding, but many of the same items. There simply aren't any of those shops around here, while there are many people here familiar with them (lots of out of state transplants here from utah, AZ, idaho), so we feel their is sufficient...
  19. P

    Starting first business- a drive thru!

    EXECUTION 
    Fortunately, the city has this information already for most areas around town. We just tell them the locations we are interested in and they can get us the counts.
  20. P

    Starting first business- a drive thru!

    EXECUTION 
    Hey everyone, As the title says, I'm starting a business with a friend/partner, which is new territory for both of us. We are starting a drive thru soda business. Anyone in utah, gilbert/mesa arizona, or idaho is probably familiar with these types of shops. Examples are swig, the soda...
Top