Thursday, August 19, 2010

I would like to start my own Chicago style hot dog stand/restaurant, any advice?

I'm in a city that has everything but a hot dog stand. People love sports and drinking at the clubs and bars, so I'm thinking that there should be a hot dog stand to accommodate these peoples hunger during the day and late nights after the bars close. Just wanted to see if anyone had any experience in opening a business and had some advice. Should I seek out investors and how?I would like to start my own Chicago style hot dog stand/restaurant, any advice?
No don't seek out investors. You should be able to start-up a hot dog cart business for the price of a car, far to small of an investment to want to bother with a partner. The beauty of a hot dog cart is that you can be your own boss, so you'll want to avoid the whole franchise route as well. There are a couple of places where you can get a world of advise from guys who've been in the trade for many many years. First of which is Roadfood.com, do a search of the forums there and you'll find answers to just about every question you might have and of course if you don't you can post a new thread. Next is the site Hot Dog Chicago Style .com, you'll learn more about ';Proper'; Chicago Style Dogs than you ever thought possible. Finally there's a book that can give you one heck of a head start and it's darn cheap. It's called ';The Hot Dog Book'; and the third link below will take you to it.





The only other advise I can offer is be prepared to work harder than ever before and also be ready to be happier than you have with any other job. Good Luck.





And, by the way, no I'm not affiliated with any of the sites I've listed. They just helped me do what you're wanting to do.I would like to start my own Chicago style hot dog stand/restaurant, any advice?
Do your market research very carefully. Leave out no details or possibilities. You may want to think about a franchise. They sometimes can help you with credit and start-up costs.


You will need more cash than you think. Keep a cash reserve.


Be prepared to lose money for the first 1-3 years. See if you qualify for any government assistance in starting a business.

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