How do you finance your own restaurant?
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- bank loans, personal loans, collateral, family loans, second mortgage, pawning valuables, etc.
- ($_$)
- A business loan is prob. your best bet. If you own your own house and dont mind risking that, take out a heloc. Personal loans are also an option. But remember, 2 out of 3 businesses fail so dont put up anything you dont mind losing.
- Get a business plan worked out well and take it to a bank for a loan. Make sure you have the skills to open a restaurant first.
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