Owning your own business

Owning your own business

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  • Another day at work. Royal Cafe, my own business, owned by me and my two cousins.
  • Welcome to our cafe. All three of us are the owners of this business.This is known as a partnership type of business.
  • Partnerships are a good type of business when starting small. It was easy for us to start our business and maintain up to this day. We all have shared responsibilities
  • Being in a partnership business does come with disadvantages, like any other business. Partnership types of business come with many disagreements. We all have a mind of our own and sometimes it is hard to agree on one thing.
  • When we started off this business we had many disagreements on what our cafe should sell, and even the name of our cafe.
  • Besides having disagreements, having a partnership business comes with many responsibilities for everyone. We all have an equal say and equal right in the management of the business. If one of us believe something needs to be done to make our business better, we speak up.
  • Overall, owning our own cafe is a great thing! We share the profit equally, take responsibility of what we are serving, our cafe environment. Our daily business life consists of checking our stocks. inventory, our financial state and our employees.
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