Body & Soul0 min ago
Opening a cafe
3 Answers
My friend has an idea to give up his teaching job and open up a hippy cafe/art/music venue. He has no experience in business! What are the pitfalls he should look out for? What should he do first?
Answers
Best Answer
No best answer has yet been selected by Scarlett. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.If I were him I think I would start off by doing one of those evening courses in setting up your own business. There is alot to think of- tax implications, accountants, solicitors etc. I wouldnt want to go into it completely blind. A fair percentage of new businesses fail in the first 12 months of trading I believe these courses help you avoid pitfalls. If not an evening course, Im sure there are books he could buy. Sounds like a fun business though I wish him luck !