November 12th, 2008
The first step in opening a successful restaurant business is writing a comprehensive restaurant business plan. Almost everybody has a rough idea of what basically constitutes a restaurant business plan sample. But there are many things which you need to pay attention to, as most people often miss to include them.
So here’s a head start […]
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Filed under: Buy a Restaurant, Cost Of Food, Doing It Right, Loans & Investors for, Loans & Investors for Restasurants, Loans & Investors for Restaurants, Starting a New Restaurant | No Comments
October 13th, 2008
As you may have guessed restaurant loans are taking a serious beating in the current credit crisis. A year ago, and even 6 months ago there were many options. In fact, 30 year fixed programs on restaurant loans where an option, stated income commercial loans where available, borrowers with very low and or no net […]
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Filed under: Loans & Investors for, Loans & Investors for Restasurants, Restaurant Business Management, Restaurant Business Plan | No Comments
October 13th, 2008
Restaurant owners have limited options for commercial mortgages, relative to other businesses and building types. One of the most common options is the SBA loans. Although not perfect, they can be a viable option. For one, they are still reliable and are still closing. Two, they do offer some of the lowest fixed rates available […]
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Filed under: Ideal Location, Loans & Investors for, Loans & Investors for Restasurants, Restaurant Business Plan | No Comments
October 13th, 2008
Examining options on a restaurant loan? Due to the current credit crisis you might want to take a look at the SBA programs first, as they are currently the most reliable programs. Not only do they have the highest probability of closing, they also boast some of the lowest rates, highest leverage, and longest fixed […]
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Filed under: Loans & Investors for, Loans & Investors for Restasurants, Loans & Investors for Restaurants | No Comments