Life this week has been rather packed, not just with activities but because my brain has been working and churning and analysing many factors and issues about my business plan.
Finally came across a shop unit that is has the prospects and fulfils my requirements, somewhat there, only concern is the rent which is slightly steep and will be eating into my profits. Putting what I have learnt for the past 4 years in SDE, true enough, tested and proven that LOCATION, LOCATION and still LOCATION is a very important aspect. After seeking out this important and only factor LOCATION, there is also a price (rent) to pay and yes, SWOT analysis comes in handy too. Human traffic, competitors, transport network, roadworks, ERP gantries (are a headache, because zooming in and out of it doing delivery increases my transport cost). Doing a pro forma, my equipment cost is going to be a hefty sum, which needs to amortise say 2 years, my ingredients cost and all other miscellaneous cost, just in search for my breakeven cost!
On friday went for tea time with mum at Jones (my new hangout place), sat there for 2hours, discussing and breaking down to details, considering alternatives......there is a whole lot more of planning. Our opening hours, waking up at 3am (?), weekend to operate or just production (?).
Time with dear hasn't been much and fulfilling this week as he has been super duper busy with parliament stuff, but he still tries to meet me. We went to Brewerkz, guess beer and buffalo wings are a good partners in helping relieve stress, especially with a BURP to end everything! No movies nor strolls this weekend too, having his DnD on saturday and me having baking training on sunday and another dinner with an overseas family friend. Wondering how much time we will be spending and seeing each other once my business is in operation, given my "weird" working times (sleep at 8pm, wake at 3am).
Coming week will be penning down more details, monitoring human traffic on different days of the week, more test baking.
A joy....searching online on home decor, given 5 years to plan how I want decorate the house! :)