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Join Date: Nov 2010
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| | Start a restaurant business
I am researching and planning for a restaurant business in Victoria. I have no restaurant business but have been involved with food business indirectly for a while.
I would like to ask for those of you who are experienced in setting up a restaurant. I try to work on the Cash flow forecast and other financial balance sheet, break even point, etc. Unfortunately with no previous experience, I am not sure how I can estimate the cash in/out. Any suggestion?
I have been doing some research online and get some very useful templates for writing up my business plan but when it comes to some details, I am not sure how to go ahead.
Thank you so much for any suggestion. Other suggestiona for new starter are very appreciated.