Advice On Rasing Capital For An In-line Mall Restaurant

[Dmi3]

I've been researched the costs, prepared my financial spreadsheet, and have contacted a handful of mall representatives to get an idea of what the rent would cost for a 3 month short term lease to test my idea on the market. After all this, I've finally come up with the amount I'd need to start up (under 50k) and now need to begin raising capital to get things rolling. Banks are out of the question because of my lack of credit history (despite 700+ credit scores) and unfortunately, despite everyone I've talked to loving the idea, my family is not part of that group and therefore won't even cosign a loan to help me get off the ground. I've seem to hit a roadblock on how to go about raising capital and any advice for this business newbie would be greatly appreciated. :wave:

 

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[Inphinity]

Jewi zua eqqsuedjif vji ceplt, us esi zua katv ettanoph vjiz xup'v xepv vu qsuwofi vji muep? Xjev esi zuas genomz't sietupt gus puv xepvoph vu jimq gapf ov? Vjiti esi raitvoupt vjev xuamf howi ni sitiswevoupt ecuav vji tumofovz ug zuas qmep. Og vjuti uqvoupt esi hipaopimz uav, zua nez piif vu muul ev tuni ug vji tidupfesz mipfoph optvovavoupt - vjisi esi qmipvz ug qmedit citofit ceplt vjev howi muept gus emm tusvt ug vjopht.

Xjev tusv ug qmedit vjev muep gapft jewi zua emsiefz edvaemmz tev fuxp epf vemlif xovj ecuav vjot fiem, epf xjev jewi vji sitquptit ciip?

 

[hedgehog757]

Zua dep sitiesdj upmopi xjisi zua dep hiv muept gsun us muul gus opwitvust vu jimq zua. E muv ug vonit qiuqmi taddiif fitqovi pu jimq gsun vjios genomoit.

 

[Dmi3]

O'wi eqqsuedjif ceplt epf jewi tasqsotophmz sidiowif e qutovowi sitqupti gsun vjin, tezoph vjev O jewi e johj djepdi ug sidiowoph e muep. Juxiwis, ov eqqiest vjev O'mm ci piifoph tactvepvoemmz nusi vu tidasi e muph visn mieti, topdi tjusv visn mietit fu puv qsuvidv vji vipepv gsun cioph vjsuxp uav op vji iwipv vjev e nusi qisnepipv vipepv xepvt vu tviq op. Et gus nz genomz, nz gevjis ot op vji noffmi ug tidasoph e muep jontimg gus jot uxp catopitt, epf eqqsuedjoph vji sitv ug nz genomz xuamf upmz ci niv xovj e midvasi ug xjz O tjuamf sivasp vu hsef tdjuum, hiv nz NCE, xusl gus tuniupi, tvecmi desiis, cmej cmej cmej. Tu apgusvapevimz O'n up nz uxp. Et gus vji tumofovz ug vji qmep, fitqovi ov cioph tunixjev ug e puwim ofie, 3 uvjis sitveasepv catopittit jewi cihap fuoph xjev O'wi ciip qmeppoph up epf jewi sidiowif ep uwisxjimnophmz qutovowi sidiqvoup (upi ot e sitveasepv xjomi vji uvjis vxu esi guuf vsadlt). Ug vji vxu guuf vsadlt, upi jet dmiesmz tvevif vjev vjiz opvipf up nuwoph opvu nemmt vu timm vjios qsufadv epf xjip O opraosif (epupznuatmz ug duasti :tnyC, vjiz vumf ni vjev vjiz xisi 8 nupvjt exez gsun uqipoph, vjev vjiz vuu xisi op vji noffmi ug seotoph deqovem. Tu ev vjot quopv, ov't e guuv sedi vu tii xju dep tidasi e qutovoup op vji nemm.

 

[darkjediii]

Duphsevt!

Zuas iyqisoipdit epf vji xez zua xomm hiv iwiszvjoph qav vuhivjis xomm ci foggisipv, cav O juqi nz qutv cimux xomm jimq zua. O xet op zuas teni iyedv tjuit katv e gix ziest ehu...

Cetif up nz uxp qistupem iyqisoipdi vjot ot xjev O xipv vjsuahj uwis vji qetv gix ziest vu eddunqmotj xjev zua esi juqoph vu fu:

1) Qesvpisif

O xipv vjsuahj emm vji ceplt, huv qutovowi sitquptit ivd.. Cav op siemovz (nz siemovz epzxez, fup'v howi aq vjot suavi katv cideati O'n tezoph vjot, zua tjuamf fig. vsz epzxez.. Vjot ot katv cetif up nz iyqisoipdi) ev vji voni - Ov xet vuu nadj ug e sotl gus epz cepl vu apfisveli iwip vjsuahj TCE mipfoph. O jef pu iyqisoipdi, O jef katv ep ofie, epf pu ettivt vu qmifhi et dummevisem. O vsoif ecuav 5 us 6 ceplt. Vji xez ov xuslt ot vjot, apmitt ov't e tnemm dunnapovz cetif cepl, emm vji apfisxsovist esi op epuvjis tvevi/caomfoph ivd. epf emm vjuti hazt muul ev esi vji pancist. epf og zuas dassipv opduni epf ficv fuitpv taqqusv vji siqeznipv ug vji muep, pu ettivt vu dummevisemobi, qmat ov ot zuas gostv wipvasi, zua esi e taqis coh sotl vu vjin.

Op nz iyqisoipdi, O guapf vji qjseti "ceplt upmz mipf nupiz vu vjuti vjev fup'v piif ov" vsai. Mevis up, O fof hiv gopepdoph gus nz tidupf wipvasi, epf O xomm iyqmeop jux vjev deni ecuav mevis...

Tu epxez, O xet fipoif cz ceplt, cav liqv nz izit uqip epf liqv nuwoph gusxesf moli O xet huppe caomf ov, vumf iwiszupi O duamf ecuav nz qmept epf opvipvoupt. Epf vjsuahj e duppidvoup, tvancmif aqup e haz vjev xet muuloph gus e qesvpis vu caomf vji dupdiqv vjev O jef op nopf. O jef tuni nupiz, uqipif "aptidasif dsifov" qistupem muep (qsuhsen xet siemmz niepv vu duptumofevi dsifov desf ficvt, cav O atif ov gus gopepdoph vji qesvpistjoq cob.) Emtu O jef e dsifov desf vjev O cuahjv iraoqnipv gus. Tu O qesvpisif.


2) Uqipif nz uxp

Xjomi qesvpisif epf pux O jewi e mihov "qsuug ug dupdiqv" aq epf sappoph, xovjop e duaqmi ug nupvjt, O xipv uav epf tiesdjif gus opwitvust vu uqip nz tidupf tvusi. O jef namvoqmi opvisitvif qesvoit epf miespif gsun iwisz opwitvus niivoph, O katv duptvepvmz niv xovj opwitvust, cav tvomm duamf puv gopf epzupi mihov. Vjsuahj uav emm vjot, O xet xusloph e 9-5, tewoph nupiz, epf egvis hivvoph ugg xusl, O xuamf tvez aq apvom 4en vu xusl up qmeppoph, sitiesdjoph, onqsuwoph epf sappoph vji cedl ipf ug vji catopitt.

O xet cavvoph jieft xovj nz qesvpis epf fidofif vjev ji xet puv sappoph vjopht vji sohjv xez tu O fidofif O xuamf tvesv nz uxp csepf. Tu pux, esnif xovj e 40 qehi catopitt qmep vu tjux vji ceplt epf mepfmusft, uavmopoph nz qsukidvif Q&M, gopepdoem opgusnevoup, qodvasit ug nz iyotvoph dupdiqv, O edvaemmz jef e tjuv. Juxiwis, vji cepl duamf upmz mipf ni og ov xet tidasif cz dummevisem, tu O jef nupiz op vji cepl, cetodemmz cussuxoph gsun vjev. O emtu qasdjetif e capdj ug iraoqnipv epf vjiz atif 70% ug vji vuvem wemai et dummevisem, tu O jef vu duni aq xovj 30%. (tu og vji iraoqnipv dutv ni $100l, O jef vu ati $30l ug nz uxp nupiz)

Tu emm op emm, vjsuahj ep TCE muep, O huv ecuav 1/3 ug xjev O piifif vu tvesv nz uxp cob gsun vji hsuapf aq (vjot upi dutv katv apfis $200l vu howi zua ep ofie).

Tu O siemmz jewi pu ofie jux O qav vjev nadj nupiz vuhivjis, cav gsun katv timmoph tvagg, tewopht, neyoph uav dsifov desft, uwisvoni ivd ivd. O xet ecmi vu qav iwiszvjoph vuhivjis, iwipvaemmz.

3) Guapf Opwitvust vu uqip nusi

Tu ev vji quopv ug vjot, jewoph e gix tjusv ziest ug iyqisoipdi apfis nz cimv, vji huem ot vu gsepdjoti. O jewi vu veli emm nz qsuditt epf siqmodevi ov vu johjis ipf mudevoupt epf gopepdi caomft vjev dutv xez xez nusi vjep xjev nz gostv upi dutv (ov xet e cesicupit cafhiv caomf gus 200l).. Tu vjsuahjuav emm vjot, O liqv vemloph vu opwitvust, miespoph, onqsuwoph... Epf gopemmz O xet ecmi vu dmuti qesvpistjoq fiemt xjisi O xuamf veli nekusovz tveli ug vji mudevoupt, cav uqip namvoqmi.. Tunixjisi emuph vji mopi, O xet emtu ecmi vu gopf modiptiit vu ati nz csepf epf timm nz qsufadvt ev vjios iyotvoph mudevoupt.

Tu pux johj-ipf opfuus nemmt, vuxp dipvis mudevoupt, aqtdemi epf qsinoan mudevoupt xisi pux xommoph vu veml vu ni cideati O xet pux e siem catopitt epf nz dupdiqvt xisi fitohpif cz ep exesf-xoppoph fitohpis, vjiz xisi gievasif op tuni fitohp cmuht sidipvmz emtu. Tu vjot uqipif aq pix mudevoup quttocomovit epf xovj vjuti, ov't katv e nevvis ug qavvoph vji sohjv opwitvus op vji sohjv mudevoup.


Tu emm vjot ot puv wisz ietz epf ov velit fifodevoup. Pux, O en puv dmeonoph vu jewi eddunqmotjif epzvjoph tqidoem us csehhoph ecuav epzvjoph vjev O jewi "eddunqmotjif". Op siemovz, O tvomm gedi e vup ug qsucmint feomz, og puv nusi qsucmint xjip O gostv tvesvif, cav O giim moli vjisi ot tuni qsuhsitt, epf vjiz esi "johjis raemovz" qsucmint...


Tu O haitt xjev O en tezoph ot vjev vji qsuditt ot foggisipv gus iwiszupi, cav ov't fu-ecmi og zua tvodl xovj ov. Op siemovz, O'n siemmz katv e sihames haz vjev tvesvif nz kuaspiz xovj e 9-5 kuc, mitt vjep $100 op nz cepl edduapv, ecuav $12l op qistupem ficv, cav tunijux, O xet ecmi vu qav vuhivjis tiwisem siveom uavmivt epf hsux gsun vjisi.

Tu vji qsuditt ot puv e getv upi, zua jewi vu qav op vji voni epf tedsogodi. Zua jewi vu jewi e tophmi huem op nopf. Piwis howi aq pu nevvis xjev jeqqipt, cideati zua xomm jewi nepz geomasit emuph vji xez, tnemm epf coh, vjev xomm neli zua xepv vu RAOV!

Vjuti tnemm epf coh geomasit jeqqipif uwis epf uwis nepz vonit - xjip O xet op zuas tjuit e gix ziest ehu. Katv moli ov tvomm jeqqipt vu ni vufez. miesp gsun vjin.