Quote Originally Posted by Greyblades View Post
Well... I've been thinking over the last 2 days, there was this chinese buffet that had recently closed near me, maybe I should get a loan; buy it, open a restraunt. It's a really good area: it's part of the bus station across the road from the rail station, 15 minutes from the mainstreet and there's a mini tesco right next to it. high traffic and easy access to food if we run out some nights, I could see it paying itself off in a year or two.
Worth thinking about, I guess, though it will probably require loads of night classes on management.
Restaurants are one of the worst businesses to invest in. 90% fail within their first year.

In any case, you probably couldn't even get a loan to begin with. In order to get a loan, you need to have collateral or an income to offset it, preferably both. Banks aren't going to just give you money because you've got an idea.