In May I reported that the Tenth Muse cafe on Brunswick St had closed for a month. A note in the window stated that it would reopen, and it did but apparently only for a few days. The ‘exciting changes’ never eventuated and, like many other small businesses before it, the Tenth Muse is now closed.
I admire the ability of some people to create and manage venues that provide great food and customer service, but many people seem out of their depth and their businesses are destined to fail. I wonder whether they all have business plans or have sought professional advice before signing a lease?
I simply can’t understand taking such a big financial risk with no surety of success without having done a lot of research and planning, but many people seem fundamentally unprepared for the reality of running a small business.