Big idea with no clue where to start
Hello all! I'm John from Rhode Island, and I'm brand new here, but it looks like a great forum! My wife and I have what we believe is a great idea for a startup restaurant business. We have kicked it around for a while, and discussed it with a few trusted friends, and we all agree that there is a strong consumer need for it, and that it will stand a very good chance of success. The problem is that the whole idea of starting up a business like this seems overwhelming to us. I've worked in the field before, although that was many years ago, so I am fully aware of the imense amount of time and hard work it takes to succeed in this arena, and we are willing to do it happily. I am going to be starting work part time for a few months at a local restaurant to gain more recent, up-to-date experience. I have 15 years experience in sales and marketing, and am confident that I can sell the idea. What I do not have is startup capital and business planning. I have no idea where to begin planning, and have nowhere near enough personal savings to add to startup capital, and to be honest, my personal credit rating is not too healthy right now. This whole startup thing seems so overwhelming! Given my situation, where do I start? I would really appreciate any and all tips, tricks, ideas, opinions, and direction you could provide. Thank you all so much!!
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