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combatives496   , 45

from Grand Forks

Management :: Restaurant Start Up Costs - How Much Money Will You Need?

One of the biggest reasons restaurants fail is because there was never really enough capital to start the restaurant in the first place. If you are planning to open your restaurant, you will need enough capital to start up and then enough money to cover about two to three years of expenses because this is usually about how long it will take before you start making any real profits.

For now let's just focus on the restaurant start up costs - money you'll need to go from the idea stage to actually opening your restaurant. These costs can vary depending of the style of the restaurant, location you have chosen, and the type of cuisines offered. It can range between one hundred thousand dollars and three hundred thousand dollars depending on where you live, what type of restaurant you're opening, and a variety of other factors.

From the outset you're going to shell out money to get all the proper licenses and permits. Then you'll also have to either spend a good chunk of cash on slightly modifying a place, completely renovating a space, or absolutely starting from scratch. Obviously, the more you want to do to the space then the more money you'll have to spend.

Then you're going to have to look at the restaurant start up costs to purchase the equipment you need for the restaurant. This includes things like the ovens, stoves, freezers, refrigerators, stations for cutting, heating, and cooling, ventilation equipment, tables, chairs, and possibly bar stools. Of course you may be able to find a place where many of these things are already present. However, even though you'll be saving money at the outset, you may actually lose money in the long run because places that are fully equipped usually are much more expensive than places that aren't furnished or equipped at all.

In addition to the items listed above, you'll also need to buy an outdoor sign, menus, glasses, china, silverware, and many other smaller items. You need to make sure you plan out every little thing you need to get started including things like napkins, light bulbs, and toiler tissue.

Part of your start up costs will also include money for buying point of sale equipment such as cash registers, credit card machines, etc. You will need a way for people to quickly and easily pay for their food (this is how you'll make money).

You will also need to plan for buying food and drinks, as well any other thing that will be an ongoing expense. Don't forget to include anything and everything. Any unexpected expense that crops up later will hurt your bottom line and threaten to blow apart your budget. So be very careful.

Restaurant start up costs can be very pricey, The average cost to start up a restaurant is often right around a quarter of a million dollars. In addition, a very common reason why people fail with their restaurants is because they don't have enough money to shell out for the initial cost of opening the restaurant and then to continue to spend the money to keep the restaurant operating. So just to be sure, always make sure you have the capital to start up the restaurant and then to keep it going for a couple years.

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Five Hot Real Estate Markets

If you're looking to make some money, consider investing in real estate. According to the National Association of Realtors, 23 percent of all homes purchased in 2004 were acquired as investment properties. But real estate mogul and "Good Morning America" contributor Barbara Corcoran has one of the sharpest eyes in the field. Here are her picks for the Top 5 hottest areas across the country.

Enid, Okla.

6000456106258330030.gif Average home: $99,000

6000456106258330030.gifWhat makes it great: If you want a big house for a small price, go to Enid. Nationwide, the average home price is $216,000. In Enid, you can pay less than half of that for a nice, spacious house. The town is experiencing a business boom -- in the last three years, private business has brought in 900 new jobs. The downtown area has recently been rebuilt, and lots of wealthy families from Austin, Texas, and Houston have moved there for the small-town charm.

6000456106258330030.gifWhat you can learn: Look for an upturn in rental prices. If they're going up, then that means people are moving there because they have jobs and they're renting first and then buying. So, you should buy now.

South Bronx, N.Y.

6000456106258330030.gifAverage home: $380,000

6000456106258330030.gifWhat makes it great: The South Bronx is the last housing frontier close to New York City. It lost 57 percent of its population in the 1970s; now people are coming back. Public money is flowing in, and developers are really starting to lay their bets. Most importantly, it's attracting creative energy -- artists and musicians are moving there -- which can really revitalize an area.

6000456106258330030.gifWhat you can learn: Here are three tips from the South Bronx that apply to any depressed area. One, track the number of classified ads selling property each week. They should double every month. Second, assess an area at night. A night life -- like clubs and cafes -- is a good sign that a neighborhood is on the rise. Third, look for the price of a cup of coffee to rise. Up-and-coming neighborhoods draw expensive coffee sellers.

Sitka, Alaska

6000456106258330030.gifAverage home: $331,000

6000456106258330030.gifWhat makes it great: Sitka's scenery is breathtaking -- you can actually see whales from the town's boardwalks. It also offers charming houses, some of the cleanest air and water in Alaska, and great health-care facilities. The town has a terrific vibe and offers a great mix of people -- young families and retirees.

6000456106258330030.gifWhat you can learn: The tip here is all about land. Sitka is an island, and only 5 percent of its land can be developed. Most of it has been built on already. So, real estate is a scarce commodity that's only going to become more valuable. Looking for similar situations in other areas is a good strategy.

Jacksonville, Fla.

6000456106258330030.gifAverage home: $166,000

6000456106258330030.gifWhat makes it great: One of the last affordable markets left in Florida, Jacksonville is really gaining momentum. The city is split by a river and surrounded by the ocean, so there is a waterfront on three sides and miles of beach. Check out the Springfield neighborhood. It used to be called "Pornshop Row." Now it's a hub of arts and culture.

6000456106258330030.gifWhat you can learn: Go dump-hunting: Go to an undesirable area that's next to a prestigious area. Soon, the neighborhoods' lines will get blurred.

Oxford, Miss.

6000456106258330030.gifAverage home: $214,000

6000456106258330030.gifWhat makes it great: Cheap but chic, Oxford is full of university-town charm and Southern graciousness. It's still quaint enough to be considered a small town, but it's distinguished enough to become a vacation destination. Mississippi is about 10 percent cheaper than the rest of the country, so your dollar goes further.

6000456106258330030.gifWhat you can learn: Oxford is one of the Top 3 places where wealthy people from New Orleans moved after Hurricane Katrina. Anytime there's been a mass migration like that, a real estate boom is bound to follow.

6000456106258330030.gifAnother tip: When vacant lots start selling like hot cakes, the market is ready to take off.


Lifestyle News, Photos & Videos


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Brief Tips and hints About Content Marketing

What is content marketing and do you know the benefits of it? If you wish to discover this, then continue reading. We'll also present you with marketing points, to get the best from it.

1. What exactly- It is when you market content with the goal to attain a wider audience. It requires creating content of value after which distributing that content. The information created is carried out so together with the targeted audience at heart. For instance, if you are a sporting goods store, you would create content linked to sporting goods and then distribute your posts.

A variety of story channels can be leveraged when it comes to marketing content. These channels include online, social and mobile to name a few. Nonetheless, there is lots more to marketing content than building a few articles and publishing them in various places, this is why many individuals hire a professional.

2. Great Things About This Sort Of Marketing- There are many benefits, using one of them being increased brand awareness. The greater number of content you possess out there, as well as the more useful it can be, the better people will share it. This may lead to more and more people understanding your brand name and company.


Creating content and distributing targets the audience you want to target and then in a cost-effective way. If you do it yourself, you don't must pay anything. Not only that, but you'll build trust among your loyal readers and new readers, who may eventually become customers of yours.

It can help you increase sales and expand your business. Furthermore, you can use it to grow your following and presence on various social media marketing sites. Those are just some of the countless benefits this kind of marketing offers.

3. Tips- Just about the most important tips is usually to always create quality and different content. You don't are thinking about creating a write-up that may be of poor after which publish exactly the same exact article on a large number of website. The greater quality the articles you write are, the greater interaction you'll receive.

To spread the phrase relating to your content fast as well as to your targeted market, use social websites ads. You will find places including Facebook where you may advertise content for only a few dollars. Give it a shot if you want to get a number of people reading your content.

Long content tends to work well in the various search engines, so when creating your posts, try to really make it between 500 to 1000 words. You don't are thinking about creating a number of short posts simply because that's the simpler course of action. Take your time to create long, but informative and useful content as well as the results you may achieve will likely be better.

Content marketing could have a very positive effect on a business or website, which explains why you should implement it with your current marketing strategy. When it's done the right way, you'll get great results. You may want to refer straight back to this post when you want to refresh yourself on this particular marketing.

If you want to know how to gain money by means of article marketing, get details from the top rated internet marketer such as Anik Singal.