Why are we sharing a financial report when we haven't even started serving coffee yet? Because when we decided we wanted to document our journey, we felt full transparency was important. There are so many people on the internet making so many crazy income claims and selling their "programs" to want-repreneurs who desire to do the same. We've personally bought way too many of those programs :-/
We aren't selling anything, but... if there's anyone reading this who's inspired to start their own coffee business, we want to make sure we "keep it real" and don't embellish or leave anything out. Even though we're still in the middle of COVID19 Shelter in Place, we've been really busy. Some of it has been a lot of fun. Refining coffee-making skills, developing recipes for syrups and our signature dairy AND non-dairy sweetener, ordering and playing with new equipment, and networking with every local coffee expert who will let us talk their ear off with a million questions. Some has been not so fun. Things like adding a DBA to our LLC, researching permits we need, setting up a business bank account and starting our Food Manager certification. Stuff that's not glamorous but oh so necessary. Now that most of our To-Do-List for this phase is nearly complete, we will start working on reaching out to our friends and family who would love to host a craft coffee party. Our plan is to use these events to build awareness and excitement about what we're doing, get referrals, refine our systems, and share our vision along with our GoFundMe link. Now on to our financials. These numbers will actually include March and April (since we starting buying in March), and honestly, it's all expenses and zero income. We haven't started promoting our GoFundMe page yet and we've been buying a bunch of equipment like air pots, cold brew equipment, pour over sets, a grinder, scale, logo stamp and some corporation fees. So, here you go! March/April 2020 Financial Report Equipment Purchases: $615.90 Crowdfunding Raised: $0.00 Number of Events: 0 Total Sales: $0.00 Expenses: $0.00 Charitable Donations: $0.00 Net Profit: N/A
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AuthorBrent Kaluhikaua is a husband, father, little league coach and foodie. His latest passion is craft coffee where he is trapped in the never-ending pursuit of the perfect pour over. ArchivesCategories |