Hi there, I think “Boomerang” made a very interesting
Another idea would be partnering with your competition. I
know this sounds strange, but I saw this happening on a couple of different
occasions in Miami and NYC when two talented chefs with a unique concept
approached other restaurant owners and partnered with them. Some owners of
already established restaurants actually look for a way to diversify and are
not necessarily disinclined to discuss fresh and innovative ideas with the new
kid on the block.
As Boomerang already correctly pointed out, I wouldn’t worry
too much about spilling the beans about your concept. You will always need to
strike a balance between disclosing information to get the attention of
potential partners and holding back enough, so, your concept won’t become a
If you are interested in some hard facts and realities on
raising funds from investors, take a look at our white paper “Reaching High Net
Worth Individuals with Your Private Offering” at http://publications.fastventures.com/reaching-high-net-worth-individuals-with-your-private-placement
The paper merely includes first-hand experiences, accounts,
and strategies (including sample marketing material) that we used when we
raised $5.5 million from high-net-worth individuals for a distressed
residential real estate fund two years ago. It’s a detailed action plan that
explains the “Do’s” and “Don’ts” when raising funds.
I hope this helps. Good luck!
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