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The Round Table
Franchise Question
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<blockquote data-quote="Doc Manhattan" data-source="post: 43695" data-attributes="member: 341"><p>I imagine you'd secure some combination of loans (including mortgages) and financial backers.</p><p></p><p>(And I know from <em>Kitchen Confidential</em> that wholesale food suppliers will extend credit to restaurants, since deliveries of food goods don't always jive with when the money comes in. When your suppliers switch to COD terms, your restaurant has basically heard the banshee crying and it ain't long for the world.)</p></blockquote><p></p>
[QUOTE="Doc Manhattan, post: 43695, member: 341"] I imagine you'd secure some combination of loans (including mortgages) and financial backers. (And I know from [i]Kitchen Confidential[/i] that wholesale food suppliers will extend credit to restaurants, since deliveries of food goods don't always jive with when the money comes in. When your suppliers switch to COD terms, your restaurant has basically heard the banshee crying and it ain't long for the world.) [/QUOTE]
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