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13 Tips For Attracting Finance

PATRICKHE
By PATRICKHE | self meida writer
Published 15 days ago - 0 views

13 Tips For Attracting Finance

To attract financing it pays to have the following:

1.sales goals

2.customer profiles

3.economic environment (is there an economic slump or boom?)

4.knowledge of trends in the restaurant trade

5.analysis of competition

6.marketing strategy

7.key person resumes - you and your partner's strengths and background;

8.your chef's background and expertise if you have a chef on board

9.cash flow projection

10.revenue projections

11.taxes -VAT included

12.financing requirements: amount needed, detailed budget, repayment and options

13.bank documents.

Again, this vital paperwork need to be well presented in relevant titled folders and handed out with confidence. If you feel you must charge for bread then make sure it is excellent bread. If you feel you must charge for any extras, do offer the very best produce if you want repeat business.

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