Ready To Open Scorecard Ready To Open Scorecard Discover how ready you are to open your new coffee shop or cafe. Our 'Ready To Open' (RTO) Scorecard will assess how ready you are to open a successful and profitable coffee business that you will be proud of. Answer 20 questions and you will get a detailed summary of the key areas that you have covered or may need to work on some more. The information you give us is totally confidential and will not be shared. Please tell us where you would like us to send the detailed scorecard... and click the NEXT button below to get started... First Name Email Have you a crystal clear vision for your new coffee shop that you can share with potential customers, staff and backers alike? Are you clear on your 'Big Why?', your values and what your new coffee business will stand for? Yes - Crystal clear Almost A Little No Have you worked in a coffee shop or cafe previously? Yes No Have you been on or planned to go on any training courses on running a coffee business? Yes No Do you visit trade shows and read relevant coffee shop trade magazines? Yes Sometimes No How many books about running or setting up a Coffee Shop have you read? 5+ 1-5 0 MONEY: Do you know what you will need to spend and have you enough available? Yes Not Sure No COMPANY SET UP: Have you set up your company, taken the advice of an accountant, have a shareholder agreement in place, registered for VAT and are ready for 'Making tax digital'? Yes Most things done Lots still to do No - not yet Have you identified a great location to open that matches your vision and values? Yes Started looking but no decision made yet No If you are going to lease the premises have you taken legal advice from a specialist property lawyer, had break clauses included and the relevant searches complete? Yes No - not yet Not Applicable If you have a site have you checked that you have the relevant planning permissions and licences needed to operate? Yes No - not yet Not Applicable If you have a site have you calculated the breakeven point based on rent versus sales level? Yes No Not Applicable If you have a site have you produced a design that will be efficient to run and attractive to guests? Yes No Not Applicable MENU: Have you a fully costed menu that is fully balanced against day parts, sweet, savoury and will hit your margin target? Yes Almost finished I've started it No not started that yet SUPPLIERS: Have you set up your accounts and agreed prices and service agreements? Yes I've started it No not started that yet EQUIPMENT: Have you chosen all the equipment you will need based on suitability for the expected trade levels? Yes Most of it Some of it No - not yet STAFF: Have you written the job descriptions and have a training and recruitment plan in place? Have you agreed on the staff structure, roles and responsibilities and pay rates as well as written contracts and terms & conditions of employment? Yes Most of them Some of them No - not yet MARKETING: Have you got a website, set up your social media profiles, registered on TripAdvisor and Google business pages? Yes Most of them Some of them No - not yet LEGALS: Have you got the policies and procedures for Food Safety, COSHH, Fire Safety, Allergens and registered your business with the local environmental health department? Yes Most of them Some of them No - not yet EXIT: Have you built in an exit plan into your business? At some stage, you will want to sell or pass on the business and this is always best planned for at the startup stage? Yes No ANALYSIS AND REPORTING: Have you set up your weekly profit report and cash flow forecaster? Yes No Just a few questions about your situation. When are you planning to open? Soon 6 - 18 Months 18 Months + What country are you opening in? That's great thanks, now check your email for the scorecard. By submitting you agree to us sending you the information you have requested and our newsletters. You can unsubscribe at any time, and your details will never be shared. Time's up
