Not another Mexican restaurant please!
November 6, 2012 6:34 AM Subscribe
Want to start a new business.. but don't have an idea of what to do. Help?
posted by xicana63 to Work & Money (7 answers total) 4 users marked this as a favorite
My father has been wanting to go into business for himself for a while. He's tired of working for someone else. He has accumulated enough to get him going but what he is missing is the idea. Being Mexican, of course the options of a Mexican restaurant or a Mexican grocery store were considered, but our city is over saturated with them. He's had experience with the restaurant industry, running liquor stores and maintaining rental properties (houses for rent).
I've suggested renting out office space or a type of convention center or opening up a liquor store.
So the question: where can we go for ideas? I mentioned we could perhaps partner up with someone who has an idea and then he can provide the funds and be the partner to handle the finances.. make sense? Like venture capitalists who listen to ideas and then decide what to invest in .. except he actually wants to work in the business not sit on the sidelines. Just looking to point him in the right direction.
Also what businesses would you suggest knowing his experience?
We are in the Midwest.