The Spreadsheet Phase

We’ve been quiet for a little while, and I just wanted to give everyone a head’s up. Last week was pretty rough for the Three Carrots Planning Committee (3CPC): my grandmother died and Scott, our main design/marketing guru, was diagnosed with cancer. So yeah. That sucks. Scott is writing about his cancer treatment at his blog. So check that out, if you desire. There will also be benefits for the cost of his treatment that we will be participating in and advertising for. So stay tuned for that.

As far as Three Carrots is concerned, we are now fully into “the spreadsheet phase.” In the   past two weeks, I’ve made probably a dozen or so different spreadsheets. Spreadsheets pricing out each ingredient per menu item. Spreadsheets figuring out labor costs. 6 month financial forecasts, 3 year financial forecasts, operating costs, opening expenses, food as a percentage of net income, labor as a percentage of net income, etc. This is all super tedious work, but- in my opinion- its necessary. Not only do we want to have awesome food and provide an excellent experience, we also need to be a sustainable, financially viable business. It’s not as much fun as designing a menu, but I’m stoked to get through this because I have some great ideas for brunch service.

Also, we’ve been looking at a few spots in several different locations throughout town. They all definitely have their positives, but we also know that we’re never going to find the “perfect spot,” either. That being said, I believe we could, potentially, open in any of these locations and thrive. It’s just a matter of finding the one that is perfect enough.