Question.
If most of us are always working hard and saving then why are so many of us not far from broke.
Many of my friends are multi millionaires and they all have one thing in common, they concentrate on making money first, saving second.
The time you spend to save a few dollars could have been better spent generating an idea and harvesting its fruits.
1. Earn an extra income stream.
2. Keep it separate from present financial situation.
3. Save all income from new income stream/s.
4. Invest all the savings.
5. Split income from investments 50/50, half is reinvested and half is your reward this you spend.
6. Don’t stress as your expenses grow each year because your income potential also grows by 50% a year.
7. Teach this to your kids, school never will.
“When a new idea comes our way, we must put it on our mental scales and weigh it carefully before deciding its value.” Jim Rohn

“Ideas can be life-changing. Sometimes all you need is just one more good idea to set the future in motion.” Jim Rohn

‘The winds of change will blow you away or take you to new heights’ Richard Denny

‘Don’t wait for your ship to come in; row out to meet it’ Richard Denny

‘Problems are opportunities in work clothes’ Richard Denny

‘A wise man will make more opportunities than he finds’ Richard Denny

‘True wealth is what you are, not what you have’ Richard Denny

Email [email protected].
Fax 0246482374.
Mobile 0425201055.
For all your CLEANING and GARDENING work.

I assume that you are looking to add to your business plan a few more ideas.

After reading the posts so far it strikes me that 1. you are short on equipment.
Yes the printer is going to be a major cost and the supplier will be aware of this so perhaps you can sit down with them and negotiate a win win for both parties or find another, competition is a bitch don’t be a Victim use it to your advantage.

2. Shop fitout is already underway or just about to begin.
I also noticed that you mentioned that the basement needs some work, perhaps again you could negotiate with a tradie/s and help promote their business for a sizable discount or partner up with a game shop and lease the area to them and add their services to your business for mutual benefit.

3. It’s one thing to ask this fantastic group what they want in your internet cafe but it’s another issue all together when you find out what the locals in your area actualy want.
By all means gather info anyway resonably possible.
Spend an entire day (your expected opening hours (remember the market changes through the day)) out in front of the cafe and ask everyone who passes what they want from you.

4. Does anyone actualy want other languages and if so which ones.
Don’t forget the grey group (no offence intended (this group is my bread and butter)) but they are internet savy these days and they don’t like background noise and eye sight problems will need to be addessed and there will probably be a greater need for help.

5. Don’t get stuck with in your business remember businesses change over time and need to adapt often rather quickly so eyes and minds open and follow the scout motto “BE prepared”.

6. Look for business expansion always.
Yes move upstairs when the opportunity presents it’s self or into the basement.
And yes consider providing games, competitions, books, food and drinks etc.
Don’t forget that there are many other products and services out there.
Don’t forget that there are many home businesses out there with services that need an outlet so perhaps you can partner up with them.
Adding a product or service with your business adds value to your business even if it’s not your own product or service, there is two kinds of profit here to be had.

Marketing
“Because its purpose is to create a customer, the business has two basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.” — Peter Drucker

“Exposure plus 95 cents might buy you a decent cup of coffee. The key is to ‘position’ yourself in your market as the expert, the resource, the only person your prospect would ever even THINK of doing business with, or referring to others.” — Bob Burg

“Do your own market research; ask your last ten customers exactly why they bought from you.” — Brian Tracy

“Ninety percent of the success of any product or service is its promotion and marketing.” — Mark Victor Hansen

Email [email protected].
Fax 0246482374.
Mobile 0425201055.
For all your CLEANING and GARDENING work.

By the inch it’s a cinch by the yard it’s hard.
Look before you leap.
Every investment or business I have been involved in has had the benefit of a business or investment plan.
Have I made mistakes oh hell yes.
That’s why I know that failing to plan = planning to fail.
Perhaps you could consider going in with a small operation first like a Reno.
Another way to reduce your risk would be to partner up with someone who has the knowledge or skills, only consider how to find them first.
Remember do your due diligence on all people involved.
Since you are new to the area you must remember that not only do you not know the area but also you don’t know the trads people in the area either.
That’s why I suggest doing a comfortable sized Reno first.
It would put you in touch with some good and bad trads people and guess what the good ones will be able to give you a few contacts of theirs if asked.
If you need a good plumber just ask your good carpenter etc.
Hope this helps.
“Learn from the mistakes of others, you won’t live long enough to make them all yourself” Richard Denny.

Email [email protected].
Fax 0246482374.
Mobile 0425201055.
For all your CLEANING and GARDENING work.