Lacehim wrote:
askthecoffeeguy wrote:
Not real keen on rent try buy as the interest tends to be quite prohibitive, so for now I will keep looking!
Have a chat with your accountant, pros and cons vs buying new or second hand or a finance package. When we had our business if it was under 2k we would just buy it outright, but over that it was better to finance, and probably worth the hassle financially, but there is additional paperwork. Even buying second hand it should go on a depreciation schedule.
agreed - my last cafe (admittedly I owned it for eight years) and much higher takings, enabling purchases of this nature without difficulty, whereas my current one is still relatively in its infancy (trading for 18 months) - and because we use organic / biodynamic / free range ingredients and products for just about everything, our overheads are much higher and our margins much slimmer than what I'm used to, which means that I need to think carefully about any purchase that I make. Also I'm just not into finance of any sort really, as it is inevitably geared towards the financial institution and not the individual Having had a busy (for us anyway) service today where we made 200 coffees with just me behind the machine, and one staff member on the floor (for most of the day - we do have a crossover at lunch) - I'm starting to rethink the whole doserless argument - as you can only make one coffee at a time with a doserless, then there's the lag time that it takes to load your dose, combined with the downtime between shots, which makes me question the need for a doserless grinder Initial demand was driven by the amount of excess grind that ends up on the floor from continuous updosing, but refinements to my technique have helped to reduce this problem (can vouch for other staff however) - its an enigma wrapped within a conundrum! P