Business Plan

lloyd

Handed my business plan in for a start up loan today, I'm a year or so away from opening but it's a big pain in the arse off my back.

Fingers crossed it gets approved without too much fannying about.

kin

Good luck with it, nothing beats being your own boss

fretmeister

kin said:

Good luck with it, nothing beats being your own boss

Apart from the lack of sick pay, the sleepness nights, the feast or famine nature of work, etc etc

It's still brilliant though!

lloyd

Cheers mate, long way to go but yeah, I'd rather do 80 hours a week for myself than 40 for someone else for half the money if I'm honest.

scrumhalf

... but it's a big pain in the arse off my back.

How are things in the contortionism business these days?

BigMonka

Nice work @lloyd - what's your new business going to be? Or is it a top secret new startup?

lloyd

scrumhalf said:

... but it's a big pain in the arse off my back.

How are things in the contortionism business these days?

There's a lot of stiff competition, but the flexible working hours are a bonus.

lloyd

BigMonka said:

Nice work @lloyd - what's your new business going to be? Or is it a top secret new startup?

I'm opening a bar.

BigMonka

lloyd said:

BigMonka said:

Nice work @lloyd - what's your new business going to be? Or is it a top secret new startup?

I'm opening a bar.

wow, that's amazing. Best of luck.
Is it Fretboard themed?  \m/

lloyd

BigMonka said:

lloyd said:

BigMonka said:

Nice work @lloyd - what's your new business going to be? Or is it a top secret new startup?

I'm opening a bar.

wow, that's amazing. Best of luck.
Is it Fretboard themed?  \m/

Thanks mate, no Fretboard theme (I want to make money) but there will be a few guitars knocking about.

Dopesick

It's always been my dream to own a pub/bar (not run by a brewery). I hope to still accomplish it one of these days but have no idea where to start. Good luck.

Make sure to stick a washing machine near the bar.

lloyd

Dopesick said:

It's always been my dream to own a pub/bar (not run by a brewery). I hope to still accomplish it one of these days but have no idea where to start. Good luck.

Make sure to stick a washing machine near the bar.

Aye mine, too. I've got 10+ years in and out of the industry so have decided "if they can do it, why not me?" lot of hard work before it becomes a reality and even more when it does, but I'm looking forward to it.

It's going to be a (very) small place focussing on great drinks, with great ingredients, as far away from a pub (and breweries) as you can get, although a country pub would be a nice place to semi-retire to one day.

If you need any advice, give me a shout and I'll do my best to help.

ThePrettyDamned

Congratulations, and fingers crossed for you. 

DLM

ThePrettyDamned said:

Congratulations, and fingers crossed for you. 

^^
This! I've dropped a few Wows and Wizzes, but this one is the best:

lloyd said:

Cheers mate, long way to go but yeah, I'd rather do 80 hours a week for myself than 40 for someone else for half the money if I'm honest.

Admirable!

gusman2x

Where are you looking at NQ?

Ancoats could be a gamble that might pay off. The Urban Splash area seems to be finally coming to life in a social sense.

lloyd

gusman2x said:

Where are you looking at NQ?

Ancoats could be a gamble that might pay off. The Urban Splash area seems to be finally coming to life in a social sense.

I want NQ, Didsbury, Chorlton, Heaton Moor (Stockport) in that order really....

Ancoats and Salford are options, but waiting to see how they develop over the next 12-18 months, I'm not afraid of moving into an overly saturated market as there is footfall, I know my product is unique and will bring people in and (most importantly) I'm looking to be turning money over from the outset so Ancoats and Salford might be ok, but it's gamble enough to open a bar (for me) rather than try to be a cog in an area's regeneration/development, but yeah I agree, with decent financial clout behind you, you could get a great space in Ancoats and absolutely kill it.

BeatStreet's (off Deansgate) an option too, but I'm sick of the whole "street food" schtick and I think it'll be on a downward curve by the time I'm set to go-I'd love to have had this summer there just knocking out Mojito's and Prosecco with a splash of purple in it at £6 a pop, would have cleaned up, I might see if I can pop a stall on there next summer doing that to help finance the main thing.

guitarfishbay

Best of luck with this

stickyfiddle

Good luck with it! An old drummer of mine has done similar in Folkestone. The place is TINY, but focusses on being a bit special and having really good drinks you can't get everywhere else. I haven't seen his accounts but it looks like it's going well so far.

lloyd

stickyfiddle said:

Good luck with it! An old drummer of mine has done similar in Folkestone. The place is TINY, but focusses on being a bit special and having really good drinks you can't get everywhere else. I haven't seen his accounts but it looks like it's going well so far.

Cheers mate, no doubt there's a lot of money to be made in certain areas with the right product done properly.

I fear for your mate though-drummer, business owner and bar are not words id be confident of adding "successful" to

dafuzz

Forum drinkies ahoy!

lloyd

Once it's a go, you're all entitled to 5% off first round, as long as there's 10 of you and you stay all night