Where do I find 1000000$ to begin my restaurant business in Moscow our banks very expensive 28-30%for year?
78915
Is the amount in dollars?
102755
A general rule of thumb for restaurants are\n33% for food cost\n33% for labour (inculding yours)\n33% Gross Profit which you will pay your fixed\nexpenses such as rent, insurance, etc.\nRemember these figures are just guides and they\nmay vary a point one way or the other.
154739
Entrepreneur.com releases an annual top 500 franchises, and you can find the list of the top franchises for 2006 in this URL:\n\nhttp://www.entrepreneur.com/franzone/rank/0,6584,12-12-F5-2006-0,00.html\n\nClick on any franchise in the list that interests you and you can get information about that franchise -- from costs involved, company background, franchisee requirements, and other information.\n\nAccording to the list, the top 10 franchises for 2006 and the start-up costs are as follows:\n\n1 Subway (Submarine sandwiches & salads) = $70K-220K  \n2 Quiznos Sub (Submarine sandwiches, soups, salads) = $71.7K-251.1K  \n3 Curves (Women's fitness & weight-loss centers) = $38.4K-53.5K  \n4 UPS Store, The (Postal, business & communications services) =  $138.7K-245.5K \n5 Jackson Hewitt Tax Service (Tax preparation services) =   $49.8K-94K  \n6 Dunkin' Donuts (Donuts & baked goods) = $179K-1.6M  \n7 Jani-King (Commercial cleaning) = $11.3K-34.1K+\n8 RE/MAX Int'l. Inc. (Real estate) = $20K-200K  \n9 7-Eleven Inc. (Convenience store) = Varies \n10 Liberty Tax Service (Income-tax preparation services) = ($42.3K-52.4K)\n\nGiven the $1=P51 conversion, choosing Jani King for example may cost you P1.734 million pesos. If cost is an issue, Entrepreneur.com has a list of low-cost franchises and home-based franchises that you may want to consider. You will have to show to them that even at your young age you are competent to run the business and has general business experience. Given that you will be coming from the Philippines, they may ask you for proof that you are legally able to work and do business in the US\n\nHope this helps\nIsabel Isidro\nFor information on starting a business, visit http://www.powerhomebiz.com
1028748
My guess is that the owners are not re-examining basic business plan assumptions.  Time to get creative, obviously something about the basic financial model of a chinese restaurant at this location isn't working.... so the cash flow isn't sufficient to sustain the operation.   Anyone taking over the location needs to check out the neighborhood, traffic patterns, demographics and develop a very specific financial plan that matches the facts.  A lot of people go in "with a hope and a prayer", and that's not a smart way to start a business.
1072595
I guess u could try working part time in the restaurant. For example, in australia, u r allow to work 30h/week but first u need a permit to work from the ambassy. rest pays like $8-14/hour taxable depending what kind of rest u work in. Find a roommate to share a room and that cuts rental by half already. A room rental cost averagely $80-120/week, so just divide by 2. If u work in a rest, ur meals are mostly covered and try cooking at home than eat out as it costs alot compared to eating out in Singapore. As for tuitiion fee, you just have to work and save the lot before u apply to go abroad. It's not really that easy afterall but with alot of determination and willpower, you can. How about getting a loan from the bank? Some of my friends did that and now, they are back servicing the loan comfortably. Just make sure u really come back with the paper!!
463022
1) The SBA does NOT loan money to anyone. Banks loan money, the SBA backs the loan...big difference. Even if the SBA did back the loan, it is still up to a bank to approve the loan.\n2) $1M in sales says nothing about profit on the $1M. Trust me, if it were profitable, the present owner would NOT be selling it for $75K...that is a simple fact of life. The present owner is trying to salvage some part of his investment, and is certainly taking a loss. Wise up! No one sells a valuable busines for nothing, and $75K is really nothing! \n3) IF you WERE to purchase this Res/BAr, think of the diffusion of your energies...your present establishment would go downhill in a handbasket while you were trying to establish a viable busines from what is apparently a shambles. Do not be a fool. Stick with what you have and make it bigger, better!\n4) You are recovering form a near disaster from you first business. Stick with it and repair your credit. IF you were to get this place, trust me, your credit will be ruined, you will probably have to put up the other business as collateral (I doubt that anyone would do that...res/bars are nothing but service, and service requires hugh labor management, constantly) and you could well loose what you have now...this is NOT very smart!\nSouth Beach is subject to tourism cycles...there are times when it is packed, but far more times when it is not. You already know that. Think of how hard it is in the slow times with what you already have. Do you want to multiply those problems with another larger problem?\nSorry to be so pessimistic, but all I am doing is injecting some realism here. You are on a high, thinking of the "glamor" of the new place...you and I both know that there is little glamor in the res/bar business...it is work, work, work...you have to be there when the waiter calls in 'sick,' when the bartender is on vacation, whatever. Back off and settle down. Get back to your valuable business and don't even think of saving someone elses a**!
1004382
Franchises are very expensive. Most require minimum assets of $350,000. McDonalds won't consider you unless you have a million dollars. You can open your own sandwich or pizza shop for as little as $10,000. Whatever you decide, keep in mind the unexpected and unforseen. Be prepared to spend as much as 4 times the amount you think you are going to need!
660987
I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.\n\nAssociations may be a good avenue to explore as well. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links. \n\nResearch, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:\n\n* The Restaurant Business Start-up Guide by Paul Daniels\n* Restaurants That Work: Case Studies of the Best in the Industry by Martin E. Dorf\n* Restaurant Financial Basics by Raymond S. Schmidgall \n* Opening a Restaurant or Other Food Business Starter Kit: How to Prepare a Restaurant Business Plan and Feasibility Study by Sharon Fullen \n* Upstart Guide Owning & Managing a Restaurant by Roy S. Alonzo \n* The Restaurant Managers Handbook: How to Set Up, Operate, and Manage a Financially Successful Food Service Operation by Douglas Robert Brown\n\nThere are plenty of free informational resources out there. Check the source box for links to articles.\n\nHope that helps! I wish you much success & happiness in all your ventures!
177322
Here are a few links I hope they are helpful!\n\nhttp://www.ice.gov/graphics/careers/invest/invest_ci.htm\n\nhttp://www.crimeandclues.com/\n\nhttp://www.bls.gov/oes/current/oes333021.htm
824616
i would say yes - of course that depends on what the nature of the business is. \nIf you wanted to open a first class restaurant and needed premises fitting out with kitchens etc, or a factory with heavy plant machinery needed to run the business then you might struggle! however, i have a services based business and work from home, it cost me around  £1k to get up and running and i have just passed my first year and am here to tell the tale.\nas long as you do the financial planning you need and feel you could do it for £10k then go for it! it could be the best thing you ever do.
678352
Go to Bank or as Money lenders are very expensive
460899
If you're looking to make your first venture into the business world as an owner, I suggest one of two things:\n\n1) Forget the food business, it's the most complicated industry out there. In no other industry are you expected to be a warehouse and a manufacturer, with parts that are perishable, be a retailer, run a delivery business, and sell service also.\n\n2) If you insist on the food business, especially with no experience, find a very, very well structured franchise to buy into. Forget the cost, it's a drop in the bucket when you weigh out the chances of success or failure compared to trying to build a concept from scratch.\n\nThe risks of getting involved in the food business are evidenced by the failure rate of restaurants. These failure rates don't even take into account all the country club, college and university food services that lose money every year and have to be subsidized by other departments. There are unsubstantiated rumors about the food industry that place failure rates as high as 90% in the first year. Though that is a gross exageration, the failure rate in the restaurant world is high, just ask your banker, accountant or lawyer. They deal with it every day. There's a reason restaurant loans are among the toughest to get approved for. According to a report in Restaurant Startup & Growth magazine, based on information gathered from the National Restaurant Association, it's estimated that around 57% of restaurants don't live past the five year mark. Of these, the main casualties are independent restaurants. While 7 of 10 independent restaurants will likely fail, 7 of 10 franchise restaurants will survive. As there are many, many people out there that don't realize the value that real structure will bring to their restaurant, and increase their chances of survival, the greater number of independent restaurants opening compared to franchise restaurants pushes the total restaurant failure rate to 57%.\n\nMost other businesses contain elements of only one or two different industries. With a simpler business, it is much easier to focus on marketing and growth than with a restaurant. Inside a restaurant, most your day is filled with operational procedures, and you CAN NOT work ON a business if you are working IN the business 60 hours or more a week.\n\nBrandon O'Dell\nO'Dell Consulting\nRestaurants/Retail/Bars\nwww.bodellconsulting.com
1185581
G'day,\n\nAt http://www.interchangefx.co.uk/currency_converter.htm they allow a conversion from American Dollars to Russian Rubles which suggests that they will do this. If they don't actually do it, they may be able to refer you.\n\nIf you have found an exhaustive online search yields no result, then you could contact your nearest Russian Consulate and ask them for assistance.\n\nGood luck with this.\n\nCheers\nAli\nhttp://www.MarketScience.com.au
58964
"$7,200,000 (approximately $134,000,000 in 2005 dollars)," in 1867 from Russia.\n\nSee the article below.
469231
1. Apply for positions in companies that DO hire foreigners. First of all these will be financial services (investment banks) and consulting companies. I don't know much about manufacturing companies. \n\n2. Another tip - if they don't want to fly you in just for the interview, maybe they have a subsidiary/branch in Russia and its HR people can interview you for the first round at least (I did a similar trick myself a while ago). Or tell them you'll be in the States and would like to talk to them. If you manage to combine  few interviews in the same geographic area, it might be worth the trip (I assume that getting a visitor's visa won't be a problem).\n\n3. Get a job with McKinsey in Russia. As far as I know after two years you can transfer to any other McKinsey office (after McKinsey everybody will hire you anyway!). Probably the same is true for other consultancies and big investment banks (CSFB et al) operating in Russia.\n\n4. Get a job with a Russian company which expands business to the U.S. (Lukoil, Gazprom, Renaissance Capital etc.)\n\n5. Does your school have a good alumni network? Try to find people from your school already working for companies you're interested in.
1174625
27.0900 rubles to the US dollar
264572
Depends. 30000 to 70000 dollars, depending on the number of years you work on... check it out on google thats what I did.  What cegep do you go to? I'm going to Marianopolis next year. Tell me if it's good, lol.