Restaurant Business Plan Example
can you give me your opionon on this business plan please?
i have good credit. i want to purchase a business that is up an running completely financing it. since sba loans are guarenteed i want to take a huge amount of money on a business and have the business itself pay it off. for example if there is a pizza restaurant for sale and the asking price is 75,000, i would take out a loan of 150,000 to buy the business and all the nesessary things i would need to run it. what ever i have left say, 40,000 dollars, i would pocket and let the business pay it off. assuming the business does good i walk away with a nice profit and a good business without investing a dime. since it is corportation if it does bad and goes out of business then my name wont be affected if it goes out of business. and i still walk out with all the money. am i missing something or is it just that easy
Missing something big. If you take out a loan in the company’s name (assuming it’s a corporation), then you pocket the difference between the loan and the actual costs, you have just pierced the corporate veil. This is because you have failed to act in the best interest of the corporation. Once that is done, you have opened yourself to all the liability if the company goes under. In addition, usually it’s difficult to get a loan for twice the value of a business.
Session 4 Market Analysis Teacher Example
|
|
Anatomy of a Business Plan: The Step-by-Step Guide to Building a Business and Securing Your Company’s Future $12.50 From envisioning the organizational structure to creating the marketing plan that powers growth to building for the future with airtight financial documents, this guide provides the tools to create well-constructed business plans. Beginning with the initial considerations, this handbook offers proven, step-by-step advice for developing and packaging the components of a business plan—cover … |
|
|
How to Open a Financially Successful Bakery : With a Companion CD-ROM $19.97 The small bakeries that are popping up every where in this country can be started with a low investment compared to other food business, and can be highly profitable! This is the A-to-Z guide to making it in your own small bakery! Learn the expert tips, tricks, and a vast gold mine of crucial how-to information you just can’t find anywhere else. This is a perfect book for entrepreneurs, schools, c… |
|
|
Hotel Design, Planning, and Development, New Edition $61.13 Hospitality is the world’s fastest growing industry, and businessâand pleasure travelers are demanding more diverse hotels, resorts and leisure-time amenities around the globe.This book explores the latest trends in hotel planning and design, capturing the vast range of today’s most imaginative creations, from tower-high guestrooms to lavish desert villas to exotic resorts nestled by tro… |
|
|
Business Plan Template for BBQ Smoker, Grill & Bar Restaurant $14.97 How would you like to start or expand your business with a professional business plan that’s designed to save you time and money and get your business started right? This business plan will provide you with incredible tools to forecast the finances of your business, secrets to generating and securing customers, powerful market and industry information, and more! Take the first critical step t… |
|
|
Business Plan: Hot Dog Vender Cart Service NEW! Complete Start Up Business Plan For 2008! -Sample Business Plan In Microsoft Word For EASY Editing! -Meets & Exceeds SBA, Lender, & Government Grant Agency Requirements -This Sample Plan Has Already Received FUNDING In 2008! Complete 7 Section Layout Including…. -Executive Summary (A brief general summary of the other 6 sections) -Products & Services (Technically Accurate Product/Service Descrip… |
You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
