Setting Up a cafe in Dublin

Twoandahalfmen

Ok, this wont be happening for another couple of years as 1m 16 but i am interested in starting up a cafe chain when i leave school so have a few questions

How much of a start up cost could i expect to pay when buying tables chairs tills ect

Would it be better to bake my own or use a supplier

if i bought off a supplier what would good prices on pastreys be

can anyone give me a recommened supplier

what forms in relation to tax would i need to fill in

would i have to pay business tax and personal tax of just the one

how many custmers a day would i need to make a profit

how would i go about setting a cafe up legally

how would i register a company name

Alot of questions i know but even a few answered would be appreciated

Peterdalkey

As your request is not at this stage a real commercial one, I would suggest you use the search box at the top of this forum to find many many threads with the kind of information you seek.

Cheers

Peter

Compton

Got to agree, very simple q's. Keep doing business studies and use the search bar

Bandara

Hi there

Your asking the wrong questions, a lot of yours are pretty much irrelevant ones that knowing the answer to is pointless in the overall scheme of things

The price of cakes from a supplier is irrelevant, your going to speak to various ones and choose one, add your predecided profit margin to them regardless of them being 50c or €2 each

Setting up the legal side and the business side, just get an expert to do it for you for a quite minimal fee

Tax questions, your accountant will help you with this


Try to charge your thinking to focussing on the project as against the routine stuff that will sort itself out. Your fixating on the stuff that you think your customers want you to by transporting yourself into their psyche, whereas I'd suggest aiming for what you want/dream about, its your business, listen to advice yes, but then you just need to commit to your ideas and go with it and live or die by your own decisions.

As an aside, Cafes are going bust left right and center, why won't yours ?

When the bank offer you 40% of the funds (if your very very lucky), how are you going to get the other 60% ? And how will you convince the bank to give you anything in the first place?

Are you able to manage staff, will you have the confidence and maturity to control someone 20 years older than you who is railing against your decisions?

Go get a part time job in a cafe, you might hate it, its a rough trade to survive in.

Well done on your ambition, keep it up !

HT

Twoandahalfmen

Hammertime wrote: »

Hi there

Your asking the wrong questions, a lot of yours are pretty much irrelevant ones that knowing the answer to is pointless in the overall scheme of things

The price of cakes from a supplier is irrelevant, your going to speak to various ones and choose one, add your predecided profit margin to them regardless of them being 50c or €2 each

Setting up the legal side and the business side, just get an expert to do it for you for a quite minimal fee

Tax questions, your accountant will help you with this


Try to charge your thinking to focussing on the project as against the routine stuff that will sort itself out. Your fixating on the stuff that you think your customers want you to by transporting yourself into their psyche, whereas I'd suggest aiming for what you want/dream about, its your business, listen to advice yes, but then you just need to commit to your ideas and go with it and live or die by your own decisions.

As an aside, Cafes are going bust left right and center, why won't yours ?

When the bank offer you 40% of the funds (if your very very lucky), how are you going to get the other 60% ? And how will you convince the bank to give you anything in the first place?

Are you able to manage staff, will you have the confidence and maturity to control someone 20 years older than you who is railing against your decisions?

Go get a part time job in a cafe, you might hate it, its a rough trade to survive in.

Well done on your ambition, keep it up !

HT

Not a chance ill give it up i will do what ever i have to do to open up my cafe chain

Twoandahalfmen

Peterdalkey wrote: »

As your request is not at this stage a real commercial one, I would suggest you use the search box at the top of this forum to find many many threads with the kind of information you seek.

Cheers

Peter

Tried that just looking for more info here

Peterdalkey

I expect that you have now worked out that most of the information you seek will not be valid by the time you get started with your new cafe. You will need to first have one successful operation before you can operate more or a chain.
There is a wealth of information in those threads, so it is good that you are now only left with the minor issue questions.
As was suggested, working in the business will give you a great operational education in the business.

Cheers

Peter

Twoandahalfmen

Peterdalkey wrote: »

I expect that you have now worked out that most of the information you seek will not be valid by the time you get started with your new cafe. You will need to first have one successful operation before you can operate more or a chain.
There is a wealth of information in those threads, so it is good that you are now only left with the minor issue questions.
As was suggested, working in the business will give you a great operational education in the business.

Cheers

Peter

I'v tried but they all say theres no jobs i hate it

Sakinah

Twoandahalfmen wrote: »

I'v tried but they all say theres no jobs i hate it

Well you said you wouldn't give up on opening one, so as a part of achieving that dream don't give up on getting experience in one. If you can't get a job maybe you could offer a few hours free labour in exchange for experience and information on the management of a cafe.

As Peter said, prices, taxes , suppliers etc will all have changed by the time you get there, so what you can learn now is:

Processes of a cafe (management, stock rotations, credit terms, staff laws) and if I were you I would practise filling out such things as a Business Plan, Trading Profit and Loss account and Cash Flow forecasts. Doing the last two you could put in estimate figures as you don't have real ones.

Aib.ie have some good templates here:

http://business.aib.ie/help/

Atlantic Dawn

To setup a successful Cafe it needs to be unique and offer something better than the other 10 or so that will likely be on the same street. No point selling the same coffee, same pastries etc as everyone else. You need to entice customers with free wifi, a loyalty card to keep them coming back and perhaps something in the evenings to lure people in on their way home from work which is normally a time when cafes are empty.

Twoandahalfmen

Atlantic Dawn wrote: »

To setup a successful Cafe it needs to be unique and offer something better than the other 10 or so that will likely be on the same street. No point selling the same coffee, same pastries etc as everyone else. You need to entice customers with free wifi, a loyalty card to keep them coming back and perhaps something in the evenings to lure people in on their way home from work which is normally a time when cafes are empty.

theres not one cafe in the village i live we have 3 pubs but now cafes restraunts ect

Lyn256

Well done on your entrepreneurial spirit!!
As some of the other posters have suggested-go and try and get some type of experience-if there are no cafes-try the pubs as you'll learn customer service/stock rotation/buying/sales and possibly more by working in one.
When you're older, go get experience in cafes and coffee shop chains. Learn the ropes, see what the places do well, spot the things that you'd do differently and make your mistakes in someone else's business (not on purpose-come up with some good ideas, try them out and see what works)
One of the biggest things that you'll need to learn in business is persistence so just because you're not getting a paying job now-ask what help they need and go get unpaid experience-if you're any good you may get a paying job.
Also do a business course either by day or by night if you're working-if you're set on a successful chain, you're going to need to know the basics of management/finance/marketing/operations/HR/IT-while you can always buy in much of that expertise-you need to have a good idea of the basics.
Also don;t limit yourself to coffee chains in Ireland-travel to London/New York/Sydney and see how its done in other places.
Read up on young successful entrepreneurs and see what they did-read about Alan Sugar/richard branson/Bill Cullen/Duncan Bannatyne-these guys came from nothing and have had huge business success
The more you know and the more you've done before you get started-the more likely you are to succeed.
Best of Luck!!!!!!!