Have any CSers ever come across or developed a financial model for a cafe that they would be happy to share?
I have a friend thinking about setting up a cafe in the next 2-5 years. Having worked in finance, I suggested starting to develop a business plan and building a financial model. Therefore he can work out, start up costs, running costs, required backing, approx break even point, etc. All before taking any major risks!
Id be happy to share any improvements/modifications to the model with any interested CSers.
Ive read some of the other posts on starting up a cafe and think theres some really great advice. Get coffee experience (not just drinking), comprehensive business plan, mental preparation for inevitable challenges, etc.
Cheers,
meanbeanz
I have a friend thinking about setting up a cafe in the next 2-5 years. Having worked in finance, I suggested starting to develop a business plan and building a financial model. Therefore he can work out, start up costs, running costs, required backing, approx break even point, etc. All before taking any major risks!
Id be happy to share any improvements/modifications to the model with any interested CSers.
Ive read some of the other posts on starting up a cafe and think theres some really great advice. Get coffee experience (not just drinking), comprehensive business plan, mental preparation for inevitable challenges, etc.
Cheers,
meanbeanz
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