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Can I make money with an idea for a restaurant but no experience?

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Can I make money with an idea for a restaurant but no experience?

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Sure. Get some knowledge and experience. Seriously. Don’t go sinking thousands of dollars into a restaurant that you don’t know how to run. Understand what permits you need. Understand what kinds of insurance you need to have. Understand the inspection process. Find some distributors that you want to work with. Think of how you’re going to market the place, and who you’re going to market it towards. Figure out how much it is all going to cost, and how much you need to bring in each month to cover all of your expenses. Once you’ve done that, you can take a gamble on the hope that your restaurant will be profitable (and most new enterprises in the restaurant industry are not, so they fail). By the way, expect to spend all of your waking hours dealing with the restaurant until you can hire somebody to run it for you / find somebody to sell it to.

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