Title: Opening Your Own Coffee Shop Business with Java Times Caffe
1Opening Your Own Coffee Shop Business with Java
Times Caffe
- Choose the location wisely. This is overlooked by
many entrepreneurs. Remember that you cannot make
a bad location good one. Don't just say "A coffee
shop would look nice here". You should do your
research based on many factors like demographics.
A good idea would be to learn if there are other
similar businesses in the area. Try to find out
how these businesses are doing. Find out whether
the people on that lovely place you plan to start
your business do need one more coffee shop.
2You must have enough money to cover your expenses
for the first 2-4 months after opening. That
money is separate from the start-up capital. You
must be able to pay the costs for your goods and
services and for your employees not to mention
for yourself. Don't wait for your traffic to
produce enough money to cover your expenses.
Instead calculate the costs and gather the
required amount of money before opening. Not
having enough money to cover your expenses is the
1 reason why most coffee shop businesses fail on
the first year.
3Always pay attention to quality. Quality of goods
and services. Don't choose a product because is
cheap. Maybe it's cheap for a reason. Low
quality. You don't want to start your business
with cheap products or otherwise people will
think you got nothing new to offer. Instead you
must differ from the rest of the coffee shops in
your area.
4Be consistent. You want your services and goods
to have a great quality. But how are you going to
handle that? You must check your staff often to
ensure they know your orders and they follow
them. If they work well it reflects to the entire
business. Every month or so visit your suppliers
so as to create a friendly relationship with them
and ensure you are getting the best products.
5Have a business plan. And not just any plan but
a coffee shop business plan. The toughest thing
in this industry is not to open a shop but to
remain open for as long as possible producing
revenue in the meantime. I know it sounds easier
than it is but like in any business if you fail
to plan, you plan to fail. To know more
about starting a coffee shop business please
visit here - http//javatimescaffe.com/