Newcomers: Stretching Time

We have pretty much got things sewn up at our end with regards to the lease. Myself and R have both successfully passed the qualification which allows us to hold a license for pub on sales, all our finances are in place, we have talked to the design team about the refurbishment of the pub and we have insurance ready to roll for the day that we are ready to trade. A survey has been carried out, suppliers of bar and catering equipment have been identified and we have opened a business account in the name of the pub. We are ready to purchase our EPOS system, worked out what our beer and food offer will consist of and have drafted some staff policies. However, there still seems to be no sight of the lease.

We have been in consultation with our lawyer over the past few weeks (it seems like months) and there are apparently still a few I's to be dotted and t's to be crossed. It has got to be done to ensure that down the line we don't get ourselves into trouble with the Pubco but it seems to be taking forever.

We are a couple of weeks past what we expected to be our entry date and it looks as though it may yet be a few more weeks before we will be able to consider opening.

Every day seems to turn into seven and as time stretches interest has to be paid on our loans and other expenses are mounting. There's nothing to do but sit tight, grit our teeth and hope that everything turns out ok.