Wow, we're a business. Not only have we incorporated (Playful Grounds Incorporated), but we now have a business bank account, with cheques and everything. I feel like such a grown up!

In other news the space we looked at on College isn't going to happen. But it's good. We decided that renovating a clothing store and converting it into a cafe would probably cost in the order of $100,000. So, we need to lease an existing cafe. That's a better idea. We have a line on a place, but no details yet - don't want to jinx it and all that.

We are on version 3 of the business plan. I swear it's like writing a doctoral thesis, which we will have to defend to a panel of 5 before they decide to loan us any money. Why can't I just win the lottery? Oh ya, I don't play....

More next time!
S
6/28/2011 09:38:38 am

If your next lead falls through you should look at the old Queen of Tarts space on Roncesvalles...wasn't a cafe exactly but a bakery, prime location and tons of kids in the neighbourhood (highest density in North America).

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6/28/2011 10:19:28 am

Thanks for the info. We will keep it in mind. Maybe it will be our second location!

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10/23/2013 11:20:24 am

This blog is pretty interesting, will add a bookmark, thanks.

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