The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

I want to open a brewery. Should I find a location or financing first?

I have a few friends that are interested in helping finance, but it's not enough to get the whole business running. What's the first step to starting a business like this?

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., "www.mywebsite.com"

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, illegal activities, or to rant about personal issues. Please review the full guidelines if you have any questions.

Submit Your Answer
Answers (2)
No User Photo
The BAF Group LLC
MD

Check out our blog series: http://combrokerbusiness.wordpress.com/2012/01/03/introduction-why-read-this-blog/

Feb 22, 2012
No User Photo
The BAF Group LLC
MD

Start with a Business Plan. ALWAYS. That will hopefully tell you what you will ultimately need, in terms of full financing. It will also tell the Lenders/Investors how you plan to pay them back. A location could be expensive, and no one will speak to you about serious site issues until they know you have the fundamental means of paying for it.

Feb 22, 2012