business

United States
May 18, 2009 3:44am CST
Does anyone know of any resources out there that are good for learning how to open and run your own business, specifically a restaurant? I'm having a hard time weeding through all the crap to get to the good stuff. I'm wondering about regulations, zoning, taxes, payroll, costs, anything on loans and/or grants, etc. I would really appreciate any knowledge you have about owning your own business. Thanks!!!
1 response
• Philippines
18 May 09
I suggest you learn the ins and outs of the business trades by taking the short courses on your area... Then, you can make a business plan especially on the equipments on what to purchases, and many more...so that you know how much money do you need, how much money do you spend. But before that, you should familiar with the regulations and laws of running business otherwise, you will end up in jail if you violated the laws... There are some books too on how to run business but I suggest that you read the simplified ones and complete discussion. Or you may work for someone else's company for experience, for this, you will learn faster than studying... It requires hardwork. If you plan to read book, I suggest you read the Rich Dad Poor Dad books. Here are the things you need to understand: 1) management 2) operations 3) purchases 4) accounting- in and out (buy office supplies and equipments and sell products: purchases and selling) 5) taxes 6) inventory Thanks!=) Hope it helps