A Cafe owned by a husband and wife was operated for 5 years before starting coaching with Steve Wanmer in February 2014.
12 month business and personal goals:
- Increase gross revenue by 15% to $943,000
- Achieve Gross Profit of 55% of sales
- Net profit of $132,000 or 14%
- A price increase of between 5% and 10%
- A second business to be operational
- Wife to work only 4 days per week and be home by 5.00pm each day.
- A cruise to Asia in nine months time
- 4 camping trips away during the year.
The Cafe owners far exceeded their goals!
Results after business coaching with Steve for 11 months:
- Gross revenue over $1million, an increase of 22%
- Renewed lease and will move to new larger site.
- Employed a Manager.
- Wife is now out of the business and started a home based business.
- Have had 4 camping weekends.
- Enjoyed a cruise to Asia in November.
- Husband now working on re-draft of the Business Plan for the new business and negotiating with local authorities to have all approvals in place to launch the business in early 2016.