how to set-up own coffee shop!

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how to set-up own coffee shop!

  1. 1. Quality at a good price
  2. 2. -A survey: No matter what business you're starting, you need to have a detailed understanding of that business. What will you offer and how can you get started? -Talk to other small businesses in the area who are in the same business and find out what they had to go through. -Find out your local tax laws, state and sales tax and inspections, license(s) that you'll need to do to sell something. -Make a plan considering and deciding how you will proceed.
  3. 3. -Restaurants always need to find out about the state and local health departments inspections and regulations. -You'll need to register your business first and foremost. •Register with the state for sales taxes. -If you'll need a loan, get the money by the best means you can devise. -Research, research, research: You can never research enough about the product(s) you'll be selling. -Get a mentor who will show you the ropes and talk with you. -If possible, work in a similar restaurant for up to 2 years before you start one of your own.
  4. 4. -You should always make sure that you want to be in the business for at least ten years and that you love doing what you do. Realize that as an individual proprietor you are liable (responsible) for safety and may lose all your properties and money, if people sue you for an injury due to a fall, or food poisoning, etc. and were to lose...
  5. 5. -Just like in any other industry, the level of competition in the coffee shop business continues to grow tougher over time. As it has become more difficult for coffee shops to gain a significant market share, it is important for them to study what the other competing firms do in order to excel in the coffee shop business. -As a coffee shop owner trying to capture a certain percentage of the coffee- drinking market, it is advised for you to perform a competitor analysis of your present and potential competitors in the business. By assessing their strengths, weaknesses, and their strategies, you will be able to learn about the threats that might adversely affect your business operations. In addition to that, you will also be able to determine the business opportunities that you can use to thrust your way to market dominance.
  6. 6. -Social Only Discounts: Reward your customers for interacting with you via social media and offer them exclusive discounts with the proper code that was posted/tweeted. Make sure you put something like: Today Only, This Week, 48 Hours, etc. -Make sure you’re using email marketing to it’s full advantage. The number 1 focus of your email needs to be the subject line and it should be short, to the point and enticing. -Holiday Happenings: Give your customers a heads up on your upcoming holiday specials and events.
  7. 7. -Steps Add iced tea to your menu. Offer a new flavor every week or suggest flavor shots. Tea is cheap to make, and therefore your potential profit margin is huge. Give your drinks special, unique names. Be creative and make it fun. A drink named Chunky Monkey will most likely raise some curiosity, which may translate into an increase in sales. Offer package deals, such as a scone with a latte for a breakfast special. Packaging items together make them easier to sell.
  8. 8. -Profit Depends On Popularity, Customer Base. What Kinds Of People Are In Your Area? College Students? Busy City Area With Lots Of Working People? More Suburban Relaxed Area? -Amount of expenditure will depend on who you buy from and that depend on who you sell to. -Do your best to avoid making it look cheap? I don’t go into cheap looking coffee shops that are messy and noisy with too much exposure to what’s going on outside the area. People like to go to coffee shops to relax for a while.

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