- Follow us on Twitter
- Adding to company pensions
- Banking basics
- Capital gains tax
- Car insurance
- Children's savings
- Company pensions
- Credit scores
- Energy savings
- Equity investments
- Getting credit
- Getting the best mortgage deal
- Greece and your money
- Home insurance
- Illness insurance
- Improve credit rating
- Income protection
- Inheritance tax
- Insurance tips
- ISA Savings
- ISAs
- Life insurance
- Loan consolidation
- Managing debt
- Mortgage costs
- National insurance
- Pension requirements
- Pension tax breaks
- Pensions abroad
- Personal pensions
- Pet insurance
- PMI
- Reclaiming bank charges
- Remortgage benefits
- Saving tax
- State retirement payments
- Tax after retirement
- Tax allowances
- Tax credits
- Tax efficiency
- Tax free lump sum
- Travel Insurance
- Types of credit
- Women and pensions
- Women's worth
- Working abroad and pensions
- Your bank account
- Cut your business costs
- Starting up
- Marketing tips
- Common HR mistakes
- Finance tips
- Startup mistakes
- Business growth tips
- Business plan writing
- Raising finance
Tweet!
Guides
Business
Pay As You Go Virtual Office Services - Free £15 Amazon voucher for new customers
Free ink cartridge click here new customers can order an ink cartridge for £0
UK property insurance from intasure - Click here for great deals and up to 40% risk related discount on UK & overseas insurance
Virtual receptionist service - monthly plans available with no set up fees
Could you open your own cafe?
Introduction
When it comes to career-change fantasies, opening a chi-chi cafe often teeters at the top of the wish-list. Probably because both office slaves and enda-the-maternity-leave mums spend lots of hours and money seeking inspiration at the end of the coffee cup.
But is opening a cafe all drizzle and no lemon cake? Here’s the story, (and some great advice) from a woman who did. Lulu Gwynne, 30, is the owner of the delicious and ultra stylish, Betty Blythe Cafe which opened on Valentines Day 2008, in leafy West London.
Are you a people person?
After a lifetime spent serving customers in other people cafés and restaurants (and completing a Marketing degree), Lulu already knew the answer to this question, but do you? Are you reasonable, pleasant, calm, and positive? Can you maintain a breezy demeanour in the face of the most insufferable customers? It may seem like easy money but if you cannot smile sweetly (whilst mopping on your hands and knees) when a yummy mummy spills her Darjeeling all over your beech floor, you’re in the wrong profession. Lulu sums up her job in a nutshell, “It’s like being at an a very intense all-day social event. Dealing with your customers is something that you will either love or hate, but you’ll still have to do it, either way”.
Be passionate
Cafés are intensely, time consuming. Breakfast, lunch and tea are the busiest times, which means forfeiting yours - and the hours rarely fit in with your own kid's school run. There’s also all the work behind the scenes, if you open at 8am then you’ll probably be there at least half an hour before, setting everything up, plus there's the germ-killing clean, calling your suppliers, and cashing-up at the end of a very long day.
Do your research
We’ve all walked past a romantic boarded up shop and imagined moving in and creating a chic and delightful overnight success, but there may be a reason why it’s boarded up. Things to look at when you’re searching for your dream location are: What’s the footfall (number of people passing by) and are they going to want the kind of business you are planning. It’s important before you leap to spend a lot of time in your prospective location, hang out at different times of the day to get a feel for what when you might get the most business. Take a good long look at your competition and talk to the locals; in business, you really can never do enough homework.
Be realistic and get planning
Unless you're blessed with personal wealth - raising finance is the obvious first step. To even register on your bank manager/potential investor's radar you'll need a water-tight business plan - and that means doing your homework. Things to think about are: number of customers you'll get through the door each day, their spend per head, seasonal fluctuations (for instance, all your yummy mummies will vanish as soon when school breaks up); what are your opening hours and how many staff can you afford to take on (you won't get very far if you work yourself into the ground in the first four weeks). Finally, don’t forget to pay yourself a real wage, this will bump up your costs but apart from being more realistic, you've got to live on something.
More pages
Page 1: Introduction
Page 2: Get advice from the experts
Free ink cartridge click here new customers can order an ink cartridge for £0
Free delivery on office supplies everything from stationery to office furniture
UK property insurance from intasure - Click here for great deals and up to 40% risk related discount on UK & overseas insurance
Pay As You Go Virtual Office Services - Free £15 Amazon voucher for new customers
Get Your Website On The First Page Of Google On A Budget FREE website health check and white paper on SEO in a recession
Virtual receptionist service - monthly plans available with no set up fees
Browse our articles written by leading industry experts:
Overseas Property Buying Guides
- Property in Albania
- Property in Argentina
- Property in Australia
- Property in the Baltics
- Property in Belize
- Property in Brazil
- Property in Bulgaria
- Property in Canada
- Property in Cape Verde
- Property in the Caribbean
- Property in Croatia
- Property in the Czech Republic
- Property in Cyprus
- Property in Dubai
- Property in Egypt
- Property in Florida
- Property in France
- Property in Germany
- Property in Greece
- Property in Hungary
- Property in India
- Property in Italy
- Property in Malaysia
- Property in Malta & Gozo
- Property in Mexico
- Property in Montenegro
- Property in Morocco
- Property in New Zealand
- Property in Nicaragua
- Property in Panama
- Property in Poland
- Property in Portugal
- Property in Romania
- Property in South Africa
- Property in Spain
- Property in Thailand
- Property in Turkey
- Property in Vietnam
UK Property Guides
- Buying a houseboat
- Buying an apartment
- Buying at auction
- Buying in London
- Buying off-plan
- Choosing a mortgage
- Choosing an agent
- Credit crunch selling tips
- Cutting costs at home
- Feng Shui
- First time buyers
- Freehold & Leasehold
- Going green in the home
- Green buying guide
- Home Information Packs
- Home swapping
- Lodging guide
- Loft conversions
- Managing a property portfolio
- Moving home
- Obtaining planning permission
- Remortgaging
- Selling at auction
- Selling without an agent
- Selling your property
- Smart homes
- Stamp Duty
- Surveys
- Top tips for selling
- Working from home
Gardens and Interiors
Cosmetic Surgery Fact Sheets
- Breast augmentation
- Breast lift
- Breast reduction
- Brow lift
- Buttock implants
- Buttock lift
- Cheek implants
- Chin Reduction
- Cosmetic surgery abroad
- Ear surgery
- Endermologie
- Eyelid surgery
- Face lifts
- Lip implants
- Liposuction
- Neck lift
- Rhinoplasty
Looking Good Guides
Money
- Banking Basics
- Capital gains tax
- Car insurance
- Children's savings
- Company pensions
- Equity investments
- Income protection
- Inheritance tax
- ISAs
- Life insurance
- Loan consolidation
- Managing debt
- Mortgage costs
- Pension tax breaks
- Pensions abroad
- Personal pensions
- Pet insurance
- PMI
- Reclaiming bank charges
- Saving tax
- Tax credits
- Travel insurance
- Types of credit
- Women and pensions
Business
- Business growth mistakes
- Business plan writing
- Business start-up tips
- Common finance mistakes
- Mumtrepreneurs
- Raising finance
- Twitter mania
Community
Travel
- Abu Dhabi
- Amsterdam
- Athens
- Australia
- Beijing
- Biarritz
- British Colombia
- Budapest
- California
- Cape Town
- Caribbean
- Copenhagen
- Costa Rica
- Dubai
- Frankfurt
- Greece
- Helsinki
- Istanbul
- Lapland
- Las Vegas
- Malta
- Marrakech
- Monte Carlo
- Morocco
- Naples
- Oman
- Paris
- Prague
- Riga
- Rome
- Russia
- Seattle
- Seville
- St. Petersburg
- Sydney
- Tel Aviv
- Vancouver
- Venice
- Vienna

