Why I Hodl BCH

September 3, 2021

 Do you have dreams that are worth saving for? I do. I mentioned it in my article A Love Yarn, here is the link to it.

https://read.cash/@Judith1969/a-love-yarn-4bfd53ac

My dream? I want to have a craft shop and a coffee shop together in one place.

I already have a name for my shop: Pretty Crafts Hub and Coffee Shop.

Pretty Crafts is my Facebook page for my crafts so it would be obvious that I will use the same name for my shop.

I choose Pretty Crafts as it encompasses all kinds of crafts and not just crochet.

I have been doing bazaars on and off. I befriended the marketing officer of Parkmall, where I usually have my bazaars. I have been inquiring from her some data that I might need when I put up my shop.

Based on my inquiries, I plot down the budget that I needed to start up the business.

This is the rent that I might incur if the shop is inside the mall. Maybe this will be lesser if it is situated outside but then traffic will be lesser too unless I already have “suki”clienteles.

I think I am not so conservative with the display cabinets as this includes labor and materials. That is just a guess as I don’t know the bill of materials in making these cabinets.

I also listed down the monthly fixed expenses that might be incurred during the operation.

Monthly rental is fixed, salaries is fixed unless I will decide to give salary increases to the staff.

CUSA is variable. This is the bill for electricity, utilities and administrative expenses that are being charged to the lessees.

The rest are variables, depending on the monthly usage.

Other expenses that needs to be budgeted is the inventory that is for sale. I would like to fill up the whole place with various colors of yarns and supplies

To sum it up, I will need at least Php 278,000.00 or $5,617. I have to work my a*s out to get this numbers running.

 Ooops!!!

I almost forgot about the coffee shop! It is not included in the above project study.

I don’t know what items that I will need to buy to set up the coffee shop. I think I need to seek help with my cousin for this. She already have a dessert shop in Manila, the Crumbs Cake Art and Café. For my friends in Manila, particularly in Las Piñas, you might want to check out her shop.

All I know is that I need coffee machine, ground coffee, cups and saucer, teaspoon, tables and chairs and I don’t know what else.

Oh my, for sure I will have to double or triple up the amount that needs to be budgeted.

Yes, this is why I hodl my BCH. To make my dream come true. Or will I just kept on dreaming?

I hope one day I will wake up to see my dream becomes a reality.

Thanks for dreaming with me.

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That’s all for now folks!

Thanks for dropping by.

I am forever grateful to these beautiful people who extends their support and love. You guys ROCK!

Thanks for the 🧡🧡🧡.