How to avoid legal, practical pitfalls of raising capital

How to avoid legal, practical pitfalls of raising capital

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Opening and operating a restaurant is a capital-intensive process. When starting, capital is required for the purchase and lease of equipment and supplies, securing a location through lease or purchase of real property, hiring and training employees and funding the operations until the restaurant gains traction. Even then, due to seasonality or other causes, additional capital infusions may be required.

Capital structures vary widely. What may work best for one restaurant may be

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