For years of being with a chef, they always talk about having thier own place, and i would always just say 'no thanks' ....ive seen too many people think its a great idea to open a cafe or something only to later realise it was the worst thing they ever did. I know what hard work it is and 24/7 PIA really!!!
But DH has come up with a good consept that would probably work where we live, found a shop we could fit out an is in a good location, and even a few people that would be willing to back us financially ( we have some of our own to invest but not enough to do the whole thing).
Im wondering if there is anyone out there who has done this and has any advice or general knowledge in the field.
we own and operate a bakery so its kinda the same!
Things that are hard are its a 24/7 job! Wpork then paperwork then advertising etc! We only have 1 day off a week and no holidays except at christmas when we close the shop which means no income! If dh is sick he still has to work! Also managing staff can be a pain lol Thats some of the bad stuff lol
the upside is we feel really proud that we have run our business for e years especially after no bank would give us the loan! We get to be the boss! Its really hard work but really rewarding!
If its something you really want to do jump in feet first and commit everything!
Best of luck hun! Hth sorry if it doesnt make sense am tired lol xxx
DH was also a chef and had a background in hopitality before heading into accounting. So between us we were idealy set-up to run a cafe/restraurant. We have considered it many times, but so far have not done it. One of my last bookkeeping jobs was for a deli and cafe that was family owned.
As boomba as already said the house and dealing with staff are that hardest bits, well along with juggling the finances. Compliance, as in dealing with award wages, BAS statements, super etc can take a lot of work. If neither of you are skilled in this area, then look at getting a bookkeeper and I mean a real one, not someone who has done a basic MYOB course. Someone with an accounting background with payroll is a better choice. Also a good accountant is a must.
Good luck! You must tell us how you go with this. Also if you want to bounce ideas around, there are a few of us here that love to listen to them and will give you fair feedback.
Are there any owner/operators out there
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