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Making risky ventures is cool. Maybe be a bit more wary of the donut guy, he's trying to sell you stuff. I think there's a chance you make money, but I can't imagine you "cut your work day in half", at least not for years. Especially if you're trying to be employee friendly
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Oct 6, 2022 17:20
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Rationale posted:This is a non-starter for me. I want to make good coffee and amazing donuts. I want people to be like “drat, these are some really nice donuts” I don’t want to leave my first impression up to some other rear end in a top hat. Just make sure you're not buying gear that needs particular pre mix donut dough, or is only servicable by them
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Oct 12, 2022 16:25
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If it's all shoestring and bootstrapping, he's right he doesn't need a Business PlanTM. He probably does need to run the numbers to see how much he has to sell to cover overhead, what to charge, how many staff hours, etc.
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Oct 13, 2022 01:01
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Benefits, haha
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Oct 14, 2022 16:16
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I know he's kinda egging it on, but the hostility seems weird and unnecessary. If the dude wants to play fast and loose, it's his chip stack to blow. What is shouting at him that he should play tighter going to help?
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Oct 15, 2022 20:44
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I was mostly talking about you and upgrade. I thought maybe you'd just forgotten yourself, since you seem like a conscientious human in general. Anyway, to use your analogy, skipping straight to peeing seems less fun to me, so don't skip ahead please
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Oct 15, 2022 22:05
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Oh, I thought you said you were going to be a one man show at first. Hiring four staff before the first dollar comes in, huh. I think you're playing for too high of stakes for 75k. It's gonna be gone before you have a chance to learn, and seems you're planning to learn on the fly. Also, have you thought through the business entity, LLC bit? If you don't get your personal finances separate from the business's, you may find you inadvertantly gave your credit cards to the casino
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Oct 17, 2022 04:27
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Are you gonna do a soft opening or just send it?
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Oct 17, 2022 14:48
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Rationale posted:
I'm still thrown off by this. What is this actually saying? I thought it meant start with like a part time helper or two. Is 4 full time employees at open small? How many are in the fully realized vision? Or is the fully realized vision not having to work your own business? That is, the dream...
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Oct 17, 2022 19:32
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Sirotan posted:Someone linked me this thread yesterday and I could have sworn it was the same goon who was trying to open a coffee shop a few years back. I was able to dig up that thread and found it was somebody else. Op maybe this similar saga is useful to you: https://forums.somethingawful.com/showthread.php?threadid=3906525 Nice. This guy seems like he'd know a thing or two. This is also his most recent post tho Jisei posted:OP, this guy knows what he's talking about. I bootstrapped a coffeeshop a couple of years ago and despite getting a screaming deal on a roasting machine*, already owning a 3-group La Marzocco Linea that I'd rebuilt the previous year in my garage as a hobby project, doing the buildout by myself, and getting a $600/mo lease, it still cost me about $50k all in to open the doors, and that didn't include a single day of payroll or income after opening.
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Oct 17, 2022 22:22
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When we went to liquidation sales we were a lot more discerning. Even going so far as to try and save on the uhaul cost. A colleague who was less so, offered us a derelict
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Oct 18, 2022 15:53
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Oh, the "donut guy" is just someone offloading one piece. I thought you were talking about a sales rep. This thread dredging up memories i didn't know i had https://www.youtube.com/watch?v=jXeYNmqp8X4
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Oct 18, 2022 20:01
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Stop being a creep dude. I did some research.  They don't have an intercom, I was at the window for less than 60 seconds. $22 before tip
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Oct 18, 2022 21:28
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Stuff costs more here than the midwest, if that's what you mean I forgot to say I think there were two people working in the front of the house, but I couldn't see that well Epitope fucked around with this message at 22:25 on Oct 18, 2022 |
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Oct 18, 2022 22:12
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If this is made up he knows the material well. I think one of the reasons I like this thread is it reminds me of when I was walking these steps. That was an enjoyable period, and I'm not bipolar but i was kinda manic at that stage too
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Oct 19, 2022 16:57
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Rationale posted:Once there are 40-50 dozen sold every time the clock hits midnight we can begin to think about hiring counter staff I think this is a much better idea. Maybe not for someone who has capital and a clear path, but for you trying to learn and build from a shoestring. If you fail, lower consequences. If things are working, you can build from there.
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Oct 19, 2022 18:56
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Chafing under regulatory control over your operation, a rare quality in business owners
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Oct 19, 2022 19:39
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My racist cousin lives in Columbus. He's a kitchen manager too. We had some good road trips, need an excuse to get the band back together
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Oct 20, 2022 19:48
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Rationale posted:I think we’re on to something here How specific do the plans have to be? Maybe you know this, but always make those things as general as absolutely possible Like "Univex srm 40" bad "40 quart mixer" better "mixer" best if that meets the requirements
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Oct 21, 2022 00:41
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Motronic posted:As a former code official, you are either full of poo poo or badly misunderstanding the process and what your next steps should be. This is the quintessential motronic post. Sharing useful specialized knowledge, peppered with weird nonsensical insults
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Oct 21, 2022 02:13
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Ohtori Akio posted:No professional experience here but I would suggest learning to service your machine as opposed to owning two and shipping one offsite for a descale or gasket swap OP. Servicing yourself is the best, but ship and swap is next best. (I am not in coffee or donuts)
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Oct 25, 2022 01:04
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Ohtori Akio posted:Self-service feels like table stakes if someone wants to run an outlaw style bootstraps coffee shop in the middle of nowhere. ...is, is that not what this is?
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Oct 25, 2022 01:20
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my bad, mods postcock last 3 posts
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Oct 25, 2022 01:27
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Make me ik. I promise to do a really bad job
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Oct 25, 2022 19:14
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Entrepreneurship needs a bit of creative imagination, maybe even a bit of fantasy. How much is too much and how much do we have here, stay tuned to find out
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Oct 28, 2022 06:05
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Sundae posted:It might not be a requirement in your state. Guidelines depend on locality. Out here in CA, though, I'd need to do a chem-strip/passivate on contacting surfaces unless I want to say that used equipment with an unknown history had all possible things on it. TL;DR, do your research and go make some goddamned donuts. Vendor, seeing a Jerry rigged setup- "you'd get arrested for doing it that way in Boston"
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Oct 28, 2022 21:45
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Oct 28, 2022 23:44
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CarForumPoster posted:idk why goons think He may be overplaying his hand a little (hard not to, most of us only get one shot, if that). But I'm with you, goons go over the top, like Tony G up in here https://www.youtube.com/watch?v=gW1YOluDM3M
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Oct 29, 2022 14:47
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I wonder how many of those coffee shacks have typed up spreadsheet business plans. Also Cresent Donut does well in a town of 80,000 with average household income 41k
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Oct 30, 2022 22:09
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Rationale posted:Blah blah blah business plan blah blah business plan just write it for me drat I considered it to shut them up, but I never wrote up my own so meh
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Oct 30, 2022 22:36
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I know bougie has been coopted, but it is funny from an aspiring kulak
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Oct 30, 2022 22:51
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https://www.sba.gov/business-guide/plan-your-business/write-your-business-plan You really don't need to write the whole thing up. You should at least go through their elements and check that you've got them all. Like what sort of entity (llc etc). You should also estimate the cost of materials per donut, and the cost of labor per donut, and your overhead, to help you understand if a particular price/volume will be profitable or not E. You can also see if there's a sbdc near you and get a meeting or take a class. I think it's mostly free Epitope fucked around with this message at 23:53 on Oct 30, 2022 |
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Oct 30, 2022 23:50
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Rationale posted:No I’m literally gonna buy up liquidation auctions til I feel like I have something and then apply for a permit. Are you logging these expenses? If you manage to make money, and you haven't separated these business expenses from your personal expenses, you'll effectively pay tax on every dollar you spend at these auctions
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Oct 31, 2022 04:23
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You need a bookkeeper. Have you asked your wife?
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Oct 31, 2022 15:19
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You're already mucking winning cards, which wouldn't be too bad if you weren't so proud of it
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Oct 31, 2022 17:49
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But you seem to respond really well to being bullied. You could save tens of thousands of dollars by opening a bank account. You stupid fucker
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Nov 1, 2022 01:35
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I'd be happy to talk more shop, I'd jump on a phone call if you wanted. You don't seem interested in my input though. So back to shitposting It was obvious benefits were right out. I didn't see payroll tax being so unlikely, but I guess that's one way to cut costs
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Nov 2, 2022 04:10
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Rationale posted:You come off like one of those thought demons from a philosophy riddle. I enjoy these retorts. Let me try to translate to something usable. Ask the restaurant owners you know if they are taxed as an s corp. With some follow up questions, I bet you can really get them going. Should be amusing and informative
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Nov 2, 2022 09:31
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Tempora Mutantur posted:OP once you open the shop are you planning on recording daily sales volume and detailed financials or will it just be "how much money is in the till/deposited into my personal checking account from the cardreader next to the till" Ya. It's one thing to set everything up by gut. If you try to pay taxes by gut feel, I'm guessing you'll have a bad time. But then, I worked at a burrito joint that paid under the table, and everyone in the kitchen was probably an illegal immigrant. I think they make money hand over fist. I wasn't joking or trying to be mean with the suggestion that wife keeps the books. It's a common setup, it must work ok.
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Nov 2, 2022 17:53
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| # ¿ May 11, 2024 17:31 |
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I got uRationale posted:E: thank you whoever for my new avatar I feel like I’m in the clique for real now
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Nov 3, 2022 00:14
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