How to Start a Coffee Shop with No Money

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How to Start a Coffee Shop with No Money
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All businesses need at least some capital to
startup
Even coffee shops
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WHAT IF
Do not have a startup capital?
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HOW TO START A COFFEE SHOP WITH NO MONEY?
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IS IT EVEN POSSIBLE TO LAUNCH A COFFEE SHOP WITH
NO MONEY IN YOUR POCKET?
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YES
The answer is a rather surprising
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People drink coffee a lot
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Planning
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YOU MUST HAVE A SOLID PLAN
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Creating a detailed business plan
Financing required and estimates
Plan for next six months to a year
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Co-op
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WORK WITH OTHERS
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Team up with those who have the finances to invest
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Join Up with Another Business
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DO NOT NEED A LARGE SPACE
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Coffee makers
Place to serve them
Customers can sit down for a few minutes
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Find a Co-Founder with Money
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NOT EVERYTHING IS MONEY
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Not enough time to start a business
No relevant skills
No experience
Not enough courage
Not enough motivation
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Go Online
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COFFEE SHOP IS ONE THAT EXISTS ON THE INTERNET
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Set up a quality website
Building your brand and reputation
Social media sites such as Facebook, Twitter,
Instagram and Pinterest
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Crowdfunding
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TRADITIONAL BUSINESS LOAN
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Build up a potential customer base
Raising money through crowdfunding
Fundable, Kickstarter
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Small Business Funding
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USE THE FUNDING OPTIONS AVAILABLE
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Small business administration
NGOs, banks
Online platforms
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Wait and Save
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SAVE MONEY
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Maximize your earnings
Start building the parts of your future business
Save you tons of hours
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How to Start a Coffee Shop with No Experience
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RESEARCH
Learning from the experience of others
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STAY ORGANIZED PUT IN WORK YOUR KNOWLEDGE
Once you have gathered all the information you
can  apply it
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WATCH EXPENSES
Focus on what is necessary to get the profit
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CASH RESERVE
You need to make mistakes to learn and gain
experience
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What are the Requirements to Open a Coffee Shop
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The proper licensing
Registration
And insurance
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What You Need to Start a Coffee Shop
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MONEY TO START UP YOUR COFFEE SHOP
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Kiosk 5,000 to 50,000
Free-Standing 80,000 to 200,000
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Average Café Turnover (Finance)
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24.6 of coffee shops in the UK reported
200,000 annual turnover in 2015
250 cups per day makes about 215,000 per year
(US)
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How Much Do Coffee Shop Owners Make?
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Coffee shop managers who work for larger
companies make a national (United States) average
of just over 46,000 every year
70 of all sales go to 50 top coffee shop
operators
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Average Profit Margin for Coffee Shops
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Where you operate your business
What you pay in rent
How many customers you serve
What you charge for each item
How much tax you pay, your employee salaries
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What is the Average Café Turnover (Workforce)?
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(No Transcript)
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How to Run a Successful Coffee Shop?
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Advertise Every Day
Emphasize Customer Service
Build Around a Favorite Brand
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COFFEE SHOP BUSINESS IS NOT AN EASY BUSINESS
Expect running your coffee shop 90 of your time
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HARD WORK AND RIGHT MINDSET CAN BEAT ANYTHING
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MORE INFORMATION
www.millforbusiness.com/start-coffee-shop-with-no-
money/