Hey there everybody! For this particular article I am going to provide some ideas that you can use in case you're struggling with getting some money that you can use to get your pizza business going.
Please note that this is a condensed version of an article that I have up on my website.
I chose this as a problem because it will be one of the first problems that you will encounter while trying to start up your own pizza business.
The first option that I will cover will be, going to the bank and getting a loan.
Although you can potentially get a good amount of money by trying to get a loan from a bank, this is also the most risky option and most challenging way to get money.
One of the reasons that makes this option challenging is the fact that banks are generally hesitant to offer a long term loan to a start up business.
A potential bank you can visit is "Bank of America "and they offer a couple different loans.
One loan they offer that could be useful for your business is an Equipment loan.
This money would be used to purchase all the equipment that goes into making the food you offer and the restaurant itself.
Bank of America offers equipment loans starting at $10,000 and up.
Maybe the bank loan frightens you though because of the long term commitment and payments that you will have to make, which is perfectly understandable.
Hosting a fundraiser of some sorts may be a good idea to generate some money to get your pizza business going.
One fundraiser you could put on would be a block party.
This would require you to rent out a lot of space at a park and order some bouncy castles, obstacle courses, a petting zoo, and prepare food for people to purchase.
Another possible fundraising event would be to put on a concert and book a couple local bands to perform for the show.
This would be a good option because if you really wanted to save money then you could host the show at your own or a friend's house and not have to worry about renting out a venue, you will have to get the proper permits though, but you won't have to worry about that costing you anything.
You will earn the least amount of money this way, but it is your cheapest option.