Roast #50: thoughtful cafe financing/location

Man, I thought the last post (cafe series — edition 1.0) was in December or something. It was actually in September (over 6 months ago).January and February were full-on business plan writing. March and April have been largely focusing on financials and applying for financing. May and June will be lease touring.Business Plan:We needed a business plan to use for funding conversations. I originally thought this would be some admin work that just had to be done, but it turned out to be really helpful. Going through it helped me cement and think through many ambiguous parts of the cafe journey.Financial Modeling:Since the cafe would be a new business, we needed to prepare financial projections. This was the most daunting part of the entire business plan process. I had no idea where to start. I tried building the model from the ground up, but that went nowhere.Our basic ass spreadsheet that did 0 projections. I would not suggest trying to build your financials from the ground up.I only…