A preview of what's to come:
- The business snapshot. My idea is essentially a mobile coffee business - not original, but unique in certain aspects. This is not a corporate site, indeed I hope to remain as anonymous as possible. Ten points if you guessed that 'Joe', American slang for coffee, is not my name. As previously stated the goal is to become as profitable and hands off as possible, so I will be exploring the different means to expansion, including franchising.
- How to use spreadsheets to model your business. Whether convincing yourself that it could work or convincing a bank to finance you, it is imperative to simulate as far as possible every detail. By changing one cell you can instantly see the knock on effects of lowering prices or rising costs. How many employees can you pay for, and (crucially) can it operate without you?
- The fundamentals of Technical Analysis and how to backtest a financial strategy.
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