About this Event
This course consists of six modules covering different aspects of starting or buying and owning a cafe or restaurant business in Australia.
Please note - This program is Virtual and you get access to recorded videos trainings, so you can watch them at the comfort of your own home at your own pace. Once You are done watching all the training Video, You can book a call for QnA Call. You will get access to all the training once you sign up.
In this program we will cover the following modules-
Module #1: "The Game Plan- Awareness Before Buying a Food Business" which covers the industry rules for buying and selling businesses, how different businesses are bought and sold, and what happens when the lease period ends.
Module #2: "Getting The Money Right- What To Expect" which focuses on the finances of owning a cafe or restaurant business, including realistic timeframes for breaking even, how much investment is needed, projecting sales and calculating profits, and determining the actual value of an existing business.
Module #3: "Buying An Existing Business- what to and not pay for" which covers the things to watch out for when buying an existing cafe or restaurant, including the goodwill of the business, different concepts like WIWO, SAV, and training periods, and industry-standard cost percentages.
Module #4: "Developing a brand new Site - Should You Consider This?" which explores the benefits and costs of starting a new cafe or restaurant business from scratch, including negotiating with business brokers and landlords, preparing a proposal, and understanding the costs involved in setting up a new site.
Module #5: "Legal Stuff- Must Watch out for non-negotiable" which discusses the different types of business structures and how they apply to owning a cafe or restaurant, how the franchise model works.
Module #6: "The Lease (90% people go wrong here and quit)" which is focused on the lease agreement, including different types of leases and their pros and cons, identifying and avoiding dodgy leases, good leases vs. bad leases, and sample leases with explanations.
In addition to these modules, there are also bonus video lessons with industry experts including
Bar and restaurant owner,
Bartender
Barista
Industry expert chef.
Visit our website for more details- Click Here
Event Venue & Nearby Stays
Video Lessons - 6 Modules+ Bonus trainings videos with industry experts., With Live Support Zoom QnA Call., Morphett Vale, Australia
AUD 599.00
