Curious to know the basics

[Ali7865]

Hello Everyone

I just want to know a few minor but important questions on a start up (cafe/restaraunt/takeaway)

Are there any authorities i need to inform before opening? I know that you will need planning permission and will have to inform council.

Do i have to write down how much income i made that day on a book? If so which is most efficient way of doing this?

Apart from rent, stock, business rates, wages, machinery, accountant fee, bills, fuel. Is there any other costs i missed out?


Thanks

 

[Mitch3473]

Are you planning doing this at weekends.

 

[john1989]

What happened to your career in banking and insurance that you wanted to pursue just a couple of days ago?

 

[The Byre]

Next week - an aardvark ranch.

 

[Simply Business]

Hey @Ali7865 you missed out business insurance Good luck with it all!

 

[LowPrices.uk]

I would say yes it's advisable to record all financial transactions daily to stay on top of things. You can create your own system, either use a notebook and folders, or do it on a computer. The important thing is you have a system and do it regularly, daily is best.