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smartbusinessplans
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Hi Mark,

It sounds like you just need a bit more information to feel confident that you are making the right move. I’d be happy to share the cafe/restaurant industry information I have with you (no cost of course) if you want to give me a buzz next week – 1300 262 098 (ask for Chris). This might also be useful information to include in your marketing plan. ABS data is nice but it won’t tell you if your market actually wants what you have to offer – you need to ask them directly.

In terms of the financial forecast – prepare for the worst but plan for the best. How does your cash flow forecast look on a worst case scenario? Carry out the same exercise for average and your highest expectation. You can then measure your ability to survive through each eventuation and plan your strategies.

Chris.