Investigation of Restaurant Finance Essay Example | Topics and Well Written Essays - 4500 words

investigating of Restaurant Finance - Essay ExampleThe restaurant has to offer high quality dishes as per cuisine menu because they are tested and people have gained trust to them.In this restaurant, range of products will be offered including, POSTRES and DESSERTS, ALA KARTA dishes, PLANTAINS and FRIED TANGS, HOT and cold salads, SANDWICHES, BEVERAGES among other acceptable dishes as per cuisine menu. Having decided on what oddball of the restaurant is needed, the remaining part is getting the funds from most effective sources that will facilitate in any way possible to the success of the restaurant.Personal deliver in this, some wizard needs to consider of the idea in quite reasonable time and develop an account of saving towards the venture. The magnitude of saving depends mostly on the size of restaurant cardinal want to start and one will economize proportionately towards the venture approximated cost. This type of funding is most convenient because one is assured that th e fund is there. wizard may also save with the intention of getting more pay from a financial conception that offer loans on the basis of saving in the account. One of the challenges of this form of financing is that it may fool away centuries before one accumulates enough funds to start off the venture.Bank loan- the second option on hand(predicate) as a source of fund is acquiring loan at the bank. With bank loans, one asshole be able to acquire enough capital to start off at age. It also gives one ample time to repay the loan as per agreement. The challenge of this form of finance is that limited to the insurance of the bank and in one case or another one may qualify at a lower place the policies, one may not be granted the funds. Some limiting factors in this form of finance are needed for a guarantor, the need for collaterals that can be taken to repay the loans and also one may be required to have saved with bank some amount and for a special(prenominal) time. If one d oes not meet these entire requirements, automatically one disqualify from getting the