Tony Shepard
Kettle Falls, WA (USA)
Role(s):
Founder/Owner/Principal
Spilt Beans
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Startup
Location:
Kettle Falls
Industry:
Food Service/Restaurant
Year Founded:
2016
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Have a coffee shop business I bought in July and the owner misrepresented numbers. In addition, we had to dispose of more than half of the inventory we inherited from the previous owner. As I am having to continually buy supplies daily, pay bills, and rebuild clients it is a struggle to generate a large enough sum of capital to fully stock the shop and start building funds. The business is a money maker but as I am putting money in it is going out. Buying supplies twice monthly will allow the revenue to expand as it should and provide a sustainable cushion.