By Stephen Miller
On the age of forty two, former attorney Stephen Miller opted for a occupation switch and manage his personal sandwich-coffee bar. regardless of the demanding situations and difficult paintings, he has discovered it very enjoyable to establish and run his personal enterprise. This ebook brings the good thing about his event and recommendation to an individual wan ting to establish their very own enterprise during this fast-growing foodstuff region. easy methods to: create and suggestion your photograph; select the suitable situation; tackle tax and wellbeing and fitness safeguard; purchase apparatus and healthy out the store; and generate curiosity prior to you open.
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Additional resources for Starting and Running a Sandwich-Coffee Bar
Initial research is vital. You might know your town or city like the back of your hand - but now you must look at familiar places in a different way. Your aim is to build up a clear picture of the good locations - the hot spots. This way, when you are serious about proceeding and ready to view premises as they come on to the market, you will know the ones that are likely to be worth pursuing. Why spend lots of time looking at places that are no-hopers? Drive to different areas of town at different times of day especially lunchtime.
However, there should be no reason why you cannot be given a good idea of the likely costs - apart from anything else you will need these figures to help you put together your business plan. Develop a good relationship with solicitors and accountants but don't be afraid to discuss matters such as fees and other charges. Dealing with Your Professional Advisors / 37 Using an architect You will probably need an architect no matter how straightforward you think your particular venture is. 4 You will have to establish for certain what the current lawful use of the premises is.
The bank will lend 50% of the costs on the basis of security cover along the lines mentioned above. Dealing with the bank Over the years I have heard many complaints about banks from friends and colleagues. If it's a question of persistent mistakes such as paying money into the wrong account or failing to cancel direct debits then I sympathise. Everyone makes the odd mistake but there is no excuse for repeated sloppiness and it should not be tolerated. However, on the general question of agreeing loans, extending overdrafts and so on I have to say that in 25 years I have had few difficulties.