Coffee

So You Want To Start A Coffee Shop...
So You Want To Start A Coffee Shop...
Part of the beauty of coffee is that it's simple to create. It doesn't have to take
a whole lot of overhead to get a coffee business up and running. You can start
a coffee-selling business with a simple kiosk or a cart that you can set up on a
street corner or take to events. That type of venture requires the least startup
capital, and it's something that you could treat as a side job on weekends and
summer nights.
If you're dreaming of going all out and establish a brick-and-mortar coffee shop
replete with comfy couches, witty baristas, and weekly poetry slams, that's a
big investment- both financially and time-wise. But, it's one that can certainly
pay off if executed with care and dedication.
Deciding if You Want to Open a Franchise
Deciding if You Want to Open a Franchise
Before you go any further, you need to make your first big decision. Do you
want to cultivate your own independent coffee concept from the ground up or
buy into a franchise? The latter route definitely has its benefits, the biggest
being the automatic name recognition and brand loyalty you gain from people
who are already fans of the company. You'll also have all the best practices
and operating procedures handed to you, with your job being primarily to
implement them at your store.
The biggest barrier to many prospective franchisees is the initial cost required
to get into the game. The franchise fee, which is essentially your ticket in the
door, will cost tens of thousands of dollars. On top of that you have to foot the
bill for most of your equipment, supplies, and operating costs. Those usually
ring in at a couple hundred thousand dollars, but occasionally cross the sevenfigure
mark.
So You Want To Start A Coffee Shop...