You might think it’s crazy to follow those dreams you’ve always had, and open a restaurant during these uncertain times. Or you might think it’s crazy enough just to work at all. But, maybe it’s not such a bad idea to open a new place to eat, right now in the middle of the Coronavirus pandemic. Here are five signs that the timing is right for you to follow your dreams, and if you’re reading this article, something tells us that you’re gonna make it happen regardless.
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Your credit score is high.
Right now, that fickle color-coded number between 300 and 850 matters more than ever. In the midst of the COVID-19 pandemic, lenders are looking at borrowers with greater scrutiny, as they can’t afford to take risks, (just like you can’t either). As a result, it’s harder to get a loan, unless you have an excellent credit score. Since loans are still being given, it follows the logic that the doors are wide open for low-risk loans. If your credit score is in the green, and you’ve got enough cash stash away for a down payment, then take out a small business loan and get going.
You find affordable equipment.
It costs a lot of money upfront to open a new restaurant, and one of those largest costs is financing your restaurant equipment. You don’t need to buy everything in your kitchen, (i.e. the refrigerators, stoves, pots, pans, dinnerware, glassware etc.) to be top-of-the-line and brand-spanking-new, but you also don’t need to buy it scratched and dented neither. You can find high-quality used restaurant equipment in Seattle or use commercial financing and leasing. Making a couple of quick phone calls is a great way to find a restaurant equipment company with years of experience working with new business owners like yourself. Buying or leasing restaurant supplies shouldn’t be a major headache, so first focus on finding the right company for you in your local area, and then your purchases will lift the weight off your shoulders.
Your psychic says so.
If you’ve never seen a psychic, tarot reader, or astrologer, then maybe this is your sign that it’s time to try something new. Professional psychic advisors and mediums can help you find clarity on anything that’s going on in your life, including your career, love life, family, friendships, or any specific question you may have. Daily horoscopes that you find in a magazine only scratch the surface of the spiritual realm, whereas tarot cards, dream interpretations, and natal chart astrology readings can all be a part of your multi-faceted psychic reading. Find a psychic source who offers a free psychic reading if it’s your first time trying out a spiritual advisor. You can even try a phone reading, video reading, or chat reading instead of a live reading if that makes you more comfortable.
Your staff is small.
Do you already know who your chef is going to be? Your bartender? Do you have a couple of teenage children who could use a job as a dishwasher or server? Great, stop there! That’s your staff. Restaurants always start small, and one of the huge issues many restaurants have struggled with during the pandemic, is scaling down their operations. You don’t have to have numerous staff that you’ll potentially need to furlough as nor do you don’t have an expensive lease on a huge space yet. Plus, you should already know that your takeout options will probably be the primary income for your business right now, so design a menu and a business plan to support a delivery service. The main takeaway here is that you know what you’re getting yourself into, so you’ll be better prepared to make it succeed.
Inspiration is flowing.
Your heart will tell you when it’s the right time. Sure, you can go to a psychic to answer your life questions, and they will either confirm or deny your suspicions. Regardless, the most important thing is to follow your own intuition. If you have a business plan that you visualize succeeding in our current economy, then go for it! Times like these call for innovation and creativity. If the inspiration is flowing, and you’ve got ideas aplenty, then our economy needs people like you to keep it in motion.
