Well, yes, but that's where "small business loans" come in. :-)
I know that's kinda a flippant answer, but it represents the best summation of my thinking on the topic of money for it right now. First off, I'd definitely be looking for a location where the rent wasn't as sky-high as some places. Secondly, I'd definitely be looking for start-up money and for a small business loan (or two), but I'd want to incorporate first, to protect myself from carrying too much liability if my coffee shop didn't work at all and I couldn't repay those loans. But thirdly, and most importantly, I haven't really gotten to the point (yet!) in my planning where I'm hashing out concrete details of loans and financing.
But yeah, I have thought of that. I delegated it to a place farther down the checklist, below "what the fuck am I thinking?"
Eeek. The parental units are somewhat leery of transactions like that, precisely because perennially mooching uncle Norm has tried asking us to do it so often.
Still, I'd be the first to stand up and say that Vengeant's a far better candidate than his uncle!
Well, that is one thing I'm worried about. I don't exactly have a lot of financial resources to invest in this. And I don't know (yet) if that's something that'll be mitigated by incorporating.
You need to talk with your Uncle Flash, who just went through the process of setting up his own business (albeit not in a store). I bet he can point you in the right direction.
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I know that's kinda a flippant answer, but it represents the best summation of my thinking on the topic of money for it right now. First off, I'd definitely be looking for a location where the rent wasn't as sky-high as some places. Secondly, I'd definitely be looking for start-up money and for a small business loan (or two), but I'd want to incorporate first, to protect myself from carrying too much liability if my coffee shop didn't work at all and I couldn't repay those loans. But thirdly, and most importantly, I haven't really gotten to the point (yet!) in my planning where I'm hashing out concrete details of loans and financing.
But yeah, I have thought of that. I delegated it to a place farther down the checklist, below "what the fuck am I thinking?"
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Still, I'd be the first to stand up and say that Vengeant's a far better candidate than his uncle!
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