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  • New start up

    Hi all

    Let me introduce myself, my name is Alfie, and I am a 19 year old that finished college in the summer of 2018. I’ve always had this dream of owning my own line of businesses, specifically within the hospitality industry.

    I have spotted an opportunity in my local area for a cafe/cocktail bar that I believe would take off fairly quickly. My long term goal with this bar would be to expand as quickly as possible, and to build a reputable and reliable brand.

    I feel as though I’m a little stuck. I have this great idea and can imagine what it would be like, the ambiance of the location, the target market etc. However, I’m struggling to make my idea become a reality.

    Is there any advice that anyone here would be able to give someone like me?

    I really appreciate you taking the time to read this message and I hope to hear back soon!

    All the best,
    Alfie

    LinkedIn - http://linkedin.com/in/alfie-davis-47b639129

  • #2
    Hi Alfie, thanks for your post!

    It's great that you're motivated to get your business started. I think the best thing to do to start with would be to understand for certain what demand there is for the business you would like to start, your cafe/cocktail bar. Have you done much market research so far to help identify demand? Here's a helpful source of info from Startups.co.uk to help you understand the ins and outs of how to conduct market research. https://startups.co.uk/market-research/
    Once you've established what demand there is for the product or service you're offering, you can go to the next stage with some confidence that there will be customers, so its a pretty important starting point.

    I hope this has been helpful, please feel free to come back with any more questions

    Katherine
    Katherine Hurst

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