| i want to open ineternet cafe around berkshire got 6,000 capital in cash how much i need inm total ?

i want to open ineternet cafe around berkshire got 6,000 capital in cash how much i need inm total ?

Hunch S asked:


how much i need in total for a normal internet cafe ?can i get a some business loan from bank (my credit scoring is not good).can anybody give some ideas please i will really appreciate.

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Comments

2 Responses to “i want to open ineternet cafe around berkshire got 6,000 capital in cash how much i need inm total ?”

  1. james.walters22 on May 11th, 2009 10:51 am

    Please, please, please!

    I was in business through sales and ownership for 20+ years, and I would not even contemplate anyone whose grammar is at bad as yours.

    Do you really think that you can overcome this hurdle to any Financial Institution lending to you?

  2. mayhemuk on May 14th, 2009 5:08 pm

    £6,000 is enough to open an Internet Cafe on a shoestring… but will it work? I haven’t seen many people in Berkshire looking for an Internet Cafe.

    Here’s a way to see if your £6,000 will work… sit in an Internet cafe in a similar sized town to the one you want to set up in… ALL DAY (Let’s face it, you’ll have to work there all day when it’s yours, so it’s no great hardship.)

    Simply mentally count people in, and out. You’ll get a reasonable idea of the Cafe’s daily takings. that data is like gold-dust. From there you can work out absulutely everything as to your chances of survival. All you need is an spreadheet and some sensible projections on costs.

    Most people planning a business make their wildest assumption on what their turnover will be in 6-12 months. Doing this, you wouldn’t make that mistake.

    I started my first business without owning a credit card and with under £1,000 of investment. I have seen most Internet Cafes failing over the last 3-4 years though. I’d love to run one… but my guess is that they are failing for a reason.