Date: 30th January 2014
If you did your OE (overseas experience) in London you may have experienced the serious lack of good coffee, the kind of coffee we have on every main street in every small town in New Zealand these days, or in the case of Wanaka, on every corner. Thankfully there are some caffeine-loving enterprising Londoners who are rectifying this problem.
From Xero blog Tips for Setting Up A Small Business.
A few weeks ago Nina Michell went to the heart of London’s new tech centre, the Old Street roundabout to meet with small business owner David Abrahamovitch. He founded Shoreditch Grind, an independent coffee and cocktail house that opened two and a half years ago, with the aim of bringing better coffee to Londoners.
Since the business started, it has served up over 500 cups of great coffee a day to discerning customers, not to mention the delicious food and the seriously special cocktails mixed up every evening when the coffee house becomes a bar.
All that action needs some serious organising and underpinning, and hinges on a combination of great business tools and even better people. It took 18 months of pure planning to get Shoreditch Grind up and running and unless the business is making money, as David puts it, it’s just a hobby.
He knows that a close eye on the figures, the ability to know how the business is doing every day, and measuring everything, is fundamental to its success. That’s where Xero comes in. David runs the business using a cloud based point of sale system and Xero. This gives him the insight and information he and his accountant Kelly Rowland from the Wow Company need to get the job done.
David is one of those people who inspires you to think that anything is possible and slightly effortless, in business. Shoreditch Grind is just one of a number of small businesses that he has founded, and he recognises that setting up a business is indeed anything but effortless! It’s about getting the right balance and combination of everything from the coffee and staff to the accounts and the point of sale system. In addition, in David’s own words “every business now is a technology business” and running any business on locally installed software is archaic. In fact, he now writes in to every new business contract that the accounts have to run on Xero.
“Anyone thinking about using Xero just move to it immediately ….. move to it yesterday!”
You may also be interested in Overseas success story: Down Under Bakery in NYC about Kiwi New Yorker Gareth Hughes.