Is it posssible to start a small business (cafe, pub, bar) or somethin else for only $15,000
Answer1:Do I need money for my business? – by BluedollStarting a business is not about money it is about the person that is creating a business. In fact to start a business does not require money at all but determination, a good attitude, confidence and a sound business idea. You must prove to your self and others that you can deliver a product or service and make money doing it before you start.In opening a cafe, bar or pub the same applies as anywhere else. Your idea of working perhaps tickles your fancy but what makes you think your establishment will be successful? Do begin by writing down where, how, what, why, and who is involved. For example, is there a need in a specific area that you are aware of? Where will your place flourish?After you do your initial homework and research you can begin to formulate some kind of plan. Yes, you will need money for out of pocket expenses so keep your money for that.Anyone starting out that does not have financing or investors for a their business (assuming your business start up has sufficient start up expenses) will be required to find it. You need a solid plan.The only other opinion potential business people have is to run an already existing business by purchasing, partnering or ‘leasing to own’ from someone that no longer wants to manage their own business for ever reasons that they have to end it.
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