90 Cafe Entrepreneurship talk about how to strengthen the operation and ensure the quality of life

Jiajia and Pig (pseudonym), born in the 1990s, have been like-minded since they met in college. Soon after graduating from college, they got a marriage license in the envy of everyone. As the families of both sides are still relatively well-off, the two have already paid off the house with the help of their families at the beginning of their marriage. Later, the two decided to start their own business and opened a small coffee shop in Pujiang Town, Shanghai. Due to the good environment and few competitors, the coffee shop now has a monthly income of more than 20,000. But neither Jia Jia nor Pig Pig can guarantee that they will have such a turnover in the future, but they still want to expand the cafe, so the couple set aside a day to consult about the future development of the store.

[financial objectives]

To ensure the working capital of the cafe and the future quality of life of the couple

[financial Analysis]

The rent of the cafe is about 4000 yuan per month, plus the cost of raw materials, utilities and other expenses, the monthly operating cost is about 6000 yuan. The two of them don't have much savings so far, so they still need to take it one step at a time.

[financial advice]

1. First of all, emergency reserves should be prepared.

Jiajia and Pig Pig need capital to start their own business. although the flow of people in the cafe is still relatively secure, there is no guarantee that winter will be different from summer, and the profit of the operation is not certain. So Jiajia and Pig should prepare emergency reserves to ensure that their cafes can operate for three months under any circumstances.

2. To ensure the liquidity of funds, you can buy some monthly payment wealth management products

In order to ensure the liquidity of funds, you might as well buy some monthly payment wealth management products. Take Yisheng Wealth's monthly profit as an example, the monthly payment rate is about 0.8% between 1.1%. If you repay principal and interest at maturity, if you invest 500000, you can get a monthly income of about 4000 yuan, which almost covers the cost of rent. As the newlyweds do not have much money at present, they can discuss it with their parents.

3. For long-term development, the principal needs to be accumulated step by step.

The two people still have a relatively stable cash flow, but for long-term development, they must accumulate enough principal. For example, two people can buy monthly investment wealth management products, which play the dual role of maintaining and increasing their value and compulsory savings. For example, they can buy a monthly fixed investment with an annualized rate of return of 6.8%.

4. Buy fixed income wealth management products to increase income

When the principal accumulates to a certain extent, we can buy some long-term fixed-income financial products. In addition, the risk can be dispersed through the globalization of asset allocation to maintain and increase the value of funds.

5. at the right time, you can choose to diversify or open a branch.

Sometimes mixed operation may not be a bad thing, especially the mixed operation of cafes will become a major feature. Like Flower Cafe, like Cat Cafe. Jiajia likes keeping cats very much, and can also consider using their Garfield big flowers, second flowers and third flowers to increase their popularity. When you reach a certain level of operation, you can consider opening a branch.