How to set up a business
enterprise
My business idea would be a coffee shop or a bakery as
refreshments I would sell coffee,tea,hot chocolate and
soda, smoothies and milkshakes. as for snacks I would sell toasts, bagels, and for dessert there would be cake,
muffins,cookies, cinnamon rolls, buns and donuts
What to do ?
First you should think would it be a good business
idea and would it sell and would people buy the products that you sell. And
start to think what would your business look like and where would you want it
to be. Then you should rent a place for your business idea.
Then you can start
to decorate your shop and start bringing
in all the furniture and all the coffee maker and
smoothie blender and milkshake machines.
What kind of
risks are involved ?
The risks are that if your business isn’t profitable
and you can’t make money or you don’t have customers. And if you don’t have
enough money you can’t pay your business rent.
Where do I get
the money ?
before the business :
you can take a loan from the bank and buy or rent a place for your business and buy all the furniture and machines
that you need for the business
when you have
a business :
when your business has customers and sells well you’ll
get money and you are doing good economically and you don't have money troubles
Hello!
VastaaPoistaThis was very informative and intruiging. You've taken most things to account when thinking this. However, you seem to have missed of the legislation and bureaucracy. When starting any kind of a business, especially a coffee shop/bakery, there's tons of licences and paperwork to deal with: hygiene, fire safety, marketing, etc.