If it's something you can do from home and you have the credit score/credit history to get a $25,000 unsecured personal loan, then that's great. If you need a brick and mortar location or a lot of equipment, you can forget about that. Even if you are leasing space, opening a restaurant is going to carry the same price tag as buying a home.
Petite_Bait t1_ixvzij1 wrote
Reply to LPT: If you want to start a business, just get a $25k loan from the bank. by [deleted]
If it's something you can do from home and you have the credit score/credit history to get a $25,000 unsecured personal loan, then that's great. If you need a brick and mortar location or a lot of equipment, you can forget about that. Even if you are leasing space, opening a restaurant is going to carry the same price tag as buying a home.