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I want to do a startup on hotel and hostel restaurant, can I be successful in it because the idea I have is very good but I am in need of a lot of money.

financialnews

Stealth • 29d

5. Seek Investments and Loans Angel Investors: If your concept is truly innovative, pitch it to angel investors who are looking for fresh hospitality ideas. Focus on how your idea can solve specific problems or cater to a particular niche. Government Schemes: Look for government schemes or loans for startups, especially in hospitality or tourism development sectors. Bank Loans: Once you have a solid business plan, you can approach banks or financial institutions for business loans. 6. Use Sweat Equity and Barter Services Skill-Based Contribution: If you have skills in marketing, management, or cooking, you can offer services in exchange for support in areas like accounting, legal advice, or construction. Barter System: Partner with local builders, designers, or contractors to exchange services (such as promoting their businesses) for help with setting up your restaurant.

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