Tuesday, July 14, 2009

How to open a restaurant in Philadelphia

We went to a meeting tonight sponsored by the Girard Improvement Corporation on how to open a restaurant in Philadelphia. Obviously, it focused on the Girard corridor - that no man's land where gentrification stopped - but it included a panel of four girard St. restaurant owners. They discussed what they went through opening their first businesses and all the pitfalls they went through.

I'll post more later, but generally the presentation gave us a little new information, and cemented a lot of what we're already thinking; make connections, do a detailed business plan, plan for 18-24 months of negative cash flow, etc. I have a slew of notes I'll put up in detail later on.

On the whole it was informative and very worthwhile. The GIC will also work with us on getting our business in and helping us navigate funding, zoning, etc, and will also refer us to the Fairmount Business District group if we do (as we're thinking) decide to go there.

Busy trip, and so far quite successful.
-Brett

PS- we went to the Ahmish country yesterday; tons of pics and info, and I'll post more tomorrow.

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