Bite-Sized Success: Funding & Financial Management of a Food Business

Join us for this 1-hour webinar on how to finance and fund your food business facilitated by Darrel Book from The Climb Fund.

Understanding Startup Costs:

• Breakdown of initial expenses, including equipment, lease/rental deposits, licenses, permits, renovation, interior design, and marketing.

Developing a Solid Business Plan:

• The importance of a well-structured business plan that outlines your restaurant concept, target market, competitive analysis, marketing strategy, financial projections, and growth plans.

Bootstrapping and Personal Savings:

• Tips on utilizing personal funds and resources to cover the initial costs and reduce the need for external funding.

Bank Loans and Financing Options:

• Understanding different types of loans available for restaurants, such as traditional bank loans, Small Business Administration (SBA) loans, and alternative financing methods.

Seeking Investors:

• Strategies to attract angel investors, venture capitalists, or private equity firms interested in the restaurant industry.

Franchising and Joint Ventures:

• Exploring the possibilities of franchising your restaurant concept or entering into joint ventures with experienced partners.

PAYMENT LINK

This event is in collaboration with the Small Business Development Center.