Why Chocolate Makes Such A Good Gift

Almost every person cherishes chocolates. Be it a chocolate pie, chocolate cake, chocolate milk, or brownies, chocolates have a distinctive taste that keeps people craving for them. Chocolates also make the perfect gifts for all occasions, from showing affection to consoling grieving friends. Let us look at the reasons that make chocolate such a good gift.

Interestingly, the fantasy for chocolates starts at a young age and grows into adulthood. Firstly, chocolate is so sweet that you cannot think of avoiding it. While some gifts are not attractive, chocolates always put a smile on the face of the recipient.

Uncountable Variations
Chocolate is also available in so many variations that one cannot fail to identify a preferred delicacy. Be it mint chocolate, hot cocoa, truffles, or nuts, the selection is inexhaustible. When not existing by itself, chocolate makes perfect covering for caramel, raisins, peanuts, strawberries, marshmallows, and much more. Such a wide selection makes it easy to get a favourite gift for loved ones.

Chocolate is Love
Chocolate is associated with love. Since time immemorial, people showed affection by exchanging chocolate gifts. The practice seems to have withstood the test of time to prevail until today. Whenever you eat chocolate, it cheers your heart in ways that are not possible with other delicacies. Researchers have attributed this feeling to the release of serotonin, a substance that lifts the state of mind.

Health Benefits
Apart from its mind -lifting properties, chocolate is also good for health. Chocolate contains a substance called flavonol that helps fight free radicals from the body. Women have particularly taken advantage of this property to mend broken hearts.

Affordable Luxury
Chocolates are also luxurious. Given a chance to select one delicacy from a set of desserts, chances are that you will settle for a chocolate. This is because mooching the delicious bars is by itself luxurious. Nothing is more satisfying than gifting your loved ones something you personally enjoy.

Creating Childhood Memories
Childhood can hardly pass by without events where chocolates were celebrated. Whether it was going to the movies, Disney World, picnics, Christmases, or birthday parties, chocolates had to take the centre stage in those occasions. Gifting your friends with chocolates helps to revive these childhood memories. By doing so you are making friends to be kids again, a favourite idea among all people.

Emotional Bonding
Chocolate not only speaks to the children’s world but also to that of adults. Gifts allow us to develop psychologically and emotionally, and chocolates are a good way to facilitate this bonding.

Chocolate is such a universally accepted delicacy that you can hardly find any person who does not enjoy it. Even for people who do not eat sugar, you can still offer them gifts of sugar-free chocolates. So the next time you are thinking of a gift, remember chocolate is the only universally accepted product that puts smiles on all faces.

How To Secure Financing For A Restaurant Business

Venturing into the catering business is an ambitious project, which requires a lot of preparation and, above all, a solid restaurant finance option. The financing of a restaurant is usually done with a mixture of debt and equity. Banks and credit institutions offer different instruments, the duration of which is adapted to the types of assets to be financed.

Regarding the bank loan for restaurants, it should be noted that the banks check the viability of projects and the solvency of project holders. Many entrepreneurs embark on the creation of a restaurant without any experience in the sector. To reassure banks, it is advisable to do an internship or specialised training in addition to the mandatory training to obtain a license to operate the eatery.

A personal contribution corresponds to the amount that you can raise from your pocket or by joining hands with several partners. Banks generally require that the personal contribution represents at least 30 percent of the investment.

The exact percentage will depend on several criteria:

– The amount of funding required
– Viability of the project
– Applicant’s professional experience
– Credit history

Personal savings

In most cases, personal savings are not always sufficient to provide the amount of money required to secure restaurant finance. When this is the case, you must then seek to supplement this amount with other sources. On the other hand, love money refers to the money invested by close people: family and friends.

The advantage of this form of investment is that it is often easier and faster to obtain. Your loved ones know you and trust your abilities, which is not necessarily the case with your banker. Love money, however, has two disadvantages: the sums collected are sometimes very small (a few hundred dollars per person) and this can cause tension, especially in case of bankruptcy because you will have to announce to your relatives that you have lost their money.

Crowdfunding for restaurants

Crowdfunding is a very effective financing method for restaurants. The idea is to collect funds from individuals via a crowdfunding platform (Foodraising.com and Ulule.com). It is up to you to choose what you grant to funders in return for their participation. However, if this is the first time you start a business, you may not know the different types of incentives.

The Importance Of Collateral And Experience In Restaurant Finance

Coming with a new idea for a restaurant is relatively easy; financing it is not. While there are number of ways to finance not all ways will work for everyone. It usually comes to how much collateral a person has as well as how much as experience in the restaurant world that they have. While there are other factors in restaurant finance, those two factors are the biggest two problems for a would-be restaurant owner: A financier wants some guarantee that the restaurant will be a success, and if it is not then he wants to know he can recoup at least part of his investment. This can sometimes put the person at a disadvantage, but these are not deal-breakers.

Collateral is the most stressful part but the easiest part. Even allowing for an existing building the start-up cost of a restaurant can be immense, usually upwards of $100,000. This is not just the cost of the building itself, but the all of the cooking utensils, pots and pans, and even food itself. The restaurant owner has to allow for a few months of wages as well as marketing costs. If the person has to pay franchising costs, such as for a chain store, or to purchase the building itself, then costs become even steeper. Someone in restaurant finance can provide more information, but collateral makes a lot of difference when it comes to convincing someone to back the idea.

Restaurant experience will also convince someone to back the idea. Besides loan officers there are also capital investors that can help finance a restaurant, but they need some reason to have confidence in the potential owner. Having the ability to cook is just part of it; management experience and having a successful restaurant is a good idea as well. Of course, a new and innovative idea can help as well, especially if the would-be owner has the facts and figures to back the idea. Both the collateral a person has access to and the experience a person can bring to bear are important in restaurant finance, making them something a would-be owner needs to work on before approaching someone for a loan or investment.