A friend and I are considering opening a coffee shop. We live in an affluent town and there is certainly a market for what we are hoping to offer. We've done lots of research and we are in the process of writing our business plan as we need to apply for a loan or find an investor. We will be offering the usual fare (tea, coffee, home made cakes, sandwiches etc). Our business plan includes some other elements which will make our business more than just a coffee shop, and quite unique.
I was wondering if someone kind - who already runs a similar enterprise - would mind answering some questions for me. We are really struggling to find answers to a few things and need a little bit of hopefully simple guidance with regards to things like taxes, accounting etc.
It would, obviously be much much appreciated.