Should you use your money or the bank's money to open up a coffee shop? That's sort of a common question I get and I wanted to answer that today.
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Check out these popular restaurant business playlists
1.) Restaurant Management Basics To Open A Successful Restaurant - https://www.youtube.com/watch?v=TCHKzgZtcbU&list=PLC6rIoOO0LR5H5WGJF5uT39-9wBjsAk-U
2.) Restaurant Marketing Tips To Get More Customers - https://www.youtube.com/watch?v=FIuwy_gE7jo&list=PLC6rIoOO0LR7Q1gZ3gR65WSAXfJ4DJkoF
3.) How to build a successful restaurant business - https://www.youtube.com/watch?v=EtYzs-gHRok&list=PLC6rIoOO0LR5M8t4RFBWsLpDrD7nKHN2_
When it comes to opening a coffee shop, you have to figure out the financials. Will you be funding it all yourself? Or will you go through the banks? I recommend OPM - other people's money. You'd be surprised how many government and business grants and bursaries there are available in your country and city. You may be able to use that money to fund your whole coffee shop business or part of it.
Coffee Shop Business Funding: Your Money Or The Bank's?
#startacoffeeshopbusiness #coffeeshopbusiness #cafebusiness
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ABOUT WILSON:
I’m Wilson, your new restaurant business partner. I’m here to help turn your food and beverage concept into a reality with expert tips & tricks for success.
My videos are based on years spent in the industry building multi-million dollar businesses, including my own international dessert chain (https://720sweets.com/) with locations spanning the globe. Since my franchise was acquired (2020) it’s been my mission to share this knowledge with people like you who have great ideas, but just can’t seem to break through. If I did it all with no experience, so can you. I know firsthand the struggles and mistakes most entrepreneurs make, and want to show you exactly how to avoid them.
I’ve helped hundreds of restaurant owners and entrepreneurs create explosive Food & Beverage businesses. You don’t have to take my word for it. I’ve been awarded Top 30 Under 30, Young Entrepreneur of the Year, Top 10 Emerging Entrepreneurs, and recently a Forbes Business Council Member.
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