Juliann Castell
New member
I am working on my business plan for a coffee shop. A bit of an eye opener - to say the least... pretty scary.... However I am convinced that this is a viable option and that I can make it work.
Question - I am trying to figure out costs and do my financials. I realize that there will probably be little to no profit for sometime - considering I'll be paying off quite a bit of investment loans for a few years. Long story short - do I add in a salary for myself... how do I keep my home lights on if not? Also - If I don't, then I'll not be paying income tax, EI etc. Confusion abounds.. Any advise would be GREATLY appreciated. :? :?![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Question - I am trying to figure out costs and do my financials. I realize that there will probably be little to no profit for sometime - considering I'll be paying off quite a bit of investment loans for a few years. Long story short - do I add in a salary for myself... how do I keep my home lights on if not? Also - If I don't, then I'll not be paying income tax, EI etc. Confusion abounds.. Any advise would be GREATLY appreciated. :? :?