I've broken the story into several parts to keep byte levels reasonable for
downloading.


Business plan pays off with $225,000 loan for restaurant startup
by Rolf Boone

The true test of any business plan is whether it is good enough to be
financed. The next test is seeing if the business can live up to its goals
as outlined in that plan.

For the moment, David Bugg has accomplished the first part. The research and
time he spent on his business plan has resulted in $225,000 in financing for
a startup restaurant to be called Dave's Pit Smoked Bar-B-Que, a
Southern-style BBQ joint.

Experts say that the effort Bugg put into his business plan could be a model
for others wanting to start a business of their own.

Jim Fletcher, who worked with Bugg as a counselor at the Small Business
Development Center, said "Bugg's business plan showed that he had spent some
time on it - that it wasn't written one night at the din*ner table."He did
far more work than what I typically see", Fletcher said. "Bugg's business
plan is an example of what we ultimately want to get to."

Up until last fall, Bugg had spent 17 years coordinating health education
for the Chelan-Douglas Health District, but for the past few years, Bugg had
been wondering why the Valley had no barbecue joint. "I crave [barbecue].
It's like an addiction. We want others to get addicted, too," said Bugg
about the business he is starting with his wife.

Bugg has had an interest in barbe*cued food for some time, studying cooking
styles and even doing some informal catering. He also has trav*eled to 27
different barbecue restau*rants nationwide, compiling a list of successful
restaurants to use as a model for his own business. In some cases, he spent
from one day to one week at these restaurants, studying customer
interaction, the product, how the food was stored and how it In some cases,
he spent from one day to one week at these restaurants, studying customer
interaction, the product, how the food was stored and how it was prepared.
"I took what was highly successful at these other places," Bugg said.

In 2000, he was ready to take the first steps toward starting his busi*ness.
He began by conducting a mar*keting survey. Bugg created a five* question
questionnaire and selected a sample size of 100 people. He then opened the
phone book and called about every 20th name. "You have to know what other
peo*ple want," he said. Bugg said he didn't want to get feedback from
friends and family because, "They'll tell you what you want to hear."


The article continues in "Business Journal article about my 'Q joint -- Part
two"

Dave Bugg wrote:
I've broken the story into several parts to keep byte levels reasonable for
downloading.


Business plan pays off with $225,000 loan for restaurant startup
by Rolf Boone

The true test of any business plan is whether it is good enough to be
financed. The next test is seeing if the business can live up to its goals
as outlined in that plan.

For the moment, David Bugg has accomplished the first part. The research and
time he spent on his business plan has resulted in $225,000 in financing for
a startup restaurant to be called Dave's Pit Smoked Bar-B-Que, a
Southern-style BBQ joint.


Snipp

Dave, the more you post, the more it sounds like you've really done *ALL* of the
homework. Who'd a thunk that it would be so much work just to start a
restaurant? Sounds like you've got all your ducks (butts?) in a row!

Best of luck, and one of these days (years?) I'll have to take you up on that
meal...

BOB
about as far from Wenatchee as you can get in this country

BOB wrote:

Dave, the more you post, the more it sounds like you've really done
*ALL* of the homework. Who'd a thunk that it would be so much work
just to start a restaurant?....

Boy, is that the truth. Of course, the process of writing the plan and doing
the research was actually enjoyable for me. And perhaps the nexus of
success when you've not done something before, is to know what you're
walking into and do as much planning as is reasonable. Setting up a
roadside concession-style business would've been much quicker.

Best of luck, and one of these days (years?) I'll have to take you up
on that meal...

Definitely. And the sooner the better :-)
Dave

Dave Bugg wrote in alt.food.barbecue

I've broken the story into several parts to keep byte levels
reasonable for downloading.


Business plan pays off with $225,000 loan for restaurant startup
by Rolf Boone

Dave, that's a great article. I wish you the best of success.
I will one day get out that way and eat at your restaurant.
Just wish it could be sooner rather than later. Good luck

--
BigDog
To E-mail me, you know what to do.

BigDog wrote:

Dave, that's a great article. I wish you the best of success.
I will one day get out that way and eat at your restaurant.
Just wish it could be sooner rather than later. Good luck

Whenever you get here, I can guarantee that we'll fill ya up and the wallet
stays in yer pocket. :-)
Dave

Dave Bugg wrote in alt.food.barbecue

BigDog wrote:

Dave, that's a great article. I wish you the best of success.
I will one day get out that way and eat at your restaurant.
Just wish it could be sooner rather than later. Good luck

Whenever you get here, I can guarantee that we'll fill ya up and the
wallet stays in yer pocket. :-)
Dave




Damn Dave, sniff, you are such a really good person.
Thanks. Hope it's soon.

--
BigDog
Pulling out hanky to wipe my tears.

To E-mail me, you know what to do.

Lou wrote:
Great article Dave and best of luck and success, but feeding these
guys on "on the house" could ruin you before you get started!

LOL!! Only if they stick around, Lou. One thing that I believe in, and Big
Jim reinforced, is that hospitality is an integral core to business. And
feeding friends is a privelge. So come on down :-)
Dave