Recent content by BigRigGin

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    HELP ME UNDERSTAND THIS PROPERTY LISTING

    Thanks again for the clarifications, it was the leaseho;d stat I didnt fully understand.
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    Cafe/Sandwich Shop start up - Please Advice

    Been there, done that. I actually enjoyed it, but I enjoy the idea of providing my own hospitality more, not somebody elses offering.
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    Cafe/Sandwich Shop start up - Please Advice

    Some very helpful and fantastic replies here. Thanks for all taking the time to reply.
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    HELP ME UNDERSTAND THIS PROPERTY LISTING

    Thanks for clarifications
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    HELP ME UNDERSTAND THIS PROPERTY LISTING

    Leasehold: £119,950 Rent: £20,000 Turnover: £265,000 (£5,096 Per week) Net Profit: Not Applicable If I wanted to rent this property. Leasehold : £119950 - what does this mean to me? Do I have to pay this to somebody ? Rent : Self explanatory - Rent is £20k P/A Turnover : Self explanatory...
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    Cafe/Sandwich Shop start up - Please Advice

    I'm prepared to lose everything in monetary value because I feel that I have everything else I need in my life, but I'm also prepared to give it everything I have got, because it is what I want from my life and I feel like being my own boss is what will make me happy. Thanks for the advice, re...
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    Cafe/Sandwich Shop start up - Please Advice

    I'm prepared to lose everything in monetary value because I feel that I have everything else I need in my life, but I'm also prepared to give it everything I have got, because it is what I want from my life and I feel like being my own boss is what will make me happy. Thanks for the advice, re...
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    Cafe/Sandwich Shop start up - Please Advice

    Both of those. A greasy spoon servings traditional breakfasts/meals + traditional sandwhiches + pastries/buns If somebody wants a sanwhich it will be fresh bread + a sandwhich filling that I have made/prepared fresh that day. I wouldn't pre make sarnies and then display them. Eat in or...
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    Cafe/Sandwich Shop start up - Please Advice

    Hi everybody, im interested in starting a food and drinks place basic cafe/sandwhich shop, would be small at first, to support my family of 3 adults(me/wife/son). I'm really confused and stressed, I have no idea where to start, no business sense or experience, but I am willing to take that...
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    Cash Added to Business by Owner.

    Thanks for your help
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    Cash Added to Business by Owner.

    Would that go on the income statement/cash flow statement or balance sheet? Or all of the avove?
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    Cash Added to Business by Owner.

    For the record, it wouldn't be a loan. I would not in the future be taking it out of the business.
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    Cash Added to Business by Owner.

    If one needed to add some cash on a monthly basis to a business, under which financial statement should this be accounted on?
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    Start Up Costs

    Do I/Should I include my start up costs on my first month financials?
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    Financials

    Hello, I'm having troubles working out some me of my financial information. My dilemma is at the Cost of Goods Sold. Basically We do not need to hold inventory, therefore we do not need to pay for the manufacture of product upfront. I will pay for the product making after the customer has...
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