The coffee industry is growing at 5.5% annually and is worth over $100 billion globally. Popular coffee chains include Starbucks, Dunkin Donuts, and Nestle. Coffee sales vary seasonally, with hot drinks selling best in winter and cold drinks in summer. The document outlines strategies for opening a coffee shop in Greensboro, NC, including market research, licensing requirements, staffing, menu pricing, and promotional events. It provides financial data from operating the shop virtually for two days and notes lessons learned.