13 Tips to Open a Successful Coffee Shop



Radio Coffee and Beer.

Are you the type who loves their morning coffee? A lot of people combine their love of coffee with their entrepreneurial spirit and open a coffee shop.

In fact, in the U.S. there are more than 50,000 coffee shops—52,684 to be exact. According to Statista, that number will jump by about 5,000 within two years.

And with 183 million coffee drinkers all buzzing for their next caffeine fix, it’s no wonder the industry is booming.

Ambition Bistro

If you’re thinking about starting your own coffee shop, we’ve compiled a list of must-know tips from current owners, so you can be armed with the information you need to succeed.

Jack Wilson, owner of Radio Coffee and Beer in Austin, Texas, and Marc Renson, owner of Ambition Bistro in Schenectady, New York, stepped away from brewing and serving to offer these tips to prospective owners.

 

Planning

1. Create a solid business plan

One of the first serious steps you’ll take toward opening your coffee shop is to create a business plan. This document spells out exactly what your business is, how it will be profitable, defines your customer base, explores competitors, plans for growth, and provides troubleshooting strategies should you need help achieving your goals.

Many entrepreneurs turn to our business plan templates for guidance. Whether you’re starting a little coffee and internet café or a coffee house bistro, there’s a business plan template to suit your coffee shop needs.

 2. Take the time to find the right building

To be successful, you need a good location for your coffee shop. You want something centrally located, a place where people already gather, and a space that’s conducive to your vision. Finding this dream spot won’t happen overnight, Renson warns.

His team scoured city after city, scouting each location, even counting pedestrian traffic. He was in the market for a former restaurant, so he didn’t have to remodel everything from scratch. Finally, one day when he dropped his keys he noticed a tiny “for sale” sign in a former tavern window. After months of searching, he’d found his spot.

3. Create a floor plan

A solid floor plan is vital for a coffee shop. You want customers to have space to form a line, employees to have the materials they need within reach to quickly make coffee, and a seating area that’s comfortable. It will take some time to produce a good floor plan, Wilson says.

“Walk yourself through every scenario you can think of,” he says. “If you’re making coffee, what needs to be near you? If you’re a customer, what do you want in a seating area? Visualize everything you can and start putting those ideas down on paper.”

 4. Hire an accountant

One of the best pieces of advice Wilson says he can offer a new coffee shop owner is to turn your books over to an accountant. Aside from taking valuable time away from the business, having a numbers expert works in your favor.

“You won’t be as hard on yourself as you sometimes might need to be,” Wilson says. “Plus, you will make assumptions that an accountant wouldn’t make.”

Funding

5. Get local help for funding

Finding the startup funds for a coffee shop can be difficult. Renson suggests talking with friends and family about investing in your coffee shop first. Present a solid business plan to them and ask them to invest in your business. If family isn’t an option, or if you need more cash than your family can provide, Renson suggests looking into local loan options. In some cases, local cities offer business assistance programs to offset costs. A local bank is also an option.

 

6. Save money for your own expenses

Aside from startup costs, don’t forget that all of your time and energy will be devoted to your new business, a business that probably won’t be profitable for around six months.

So, plan ahead. Renson suggests making sure you set aside enough money to cover your personal expenses for at least six

7. Shop around for everything

Most of your time will be spent in the planning and funding stages. While you work out finances, keep a list or spreadsheet of all the things you’ll need and compare prices. Try to get at least two prices for every item you buy to ensure you’re getting a deal. Use the internet to your advantage and look for the best prices on everything from comfy chairs to espresso machines.

 

Read More :- 13 Tips to Open a Successful Coffee Shop

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Small Business Idea :- How to Open a Panini Cafe

Whats needed to open your Panini Restaurant




Licensed by Creative CommonsNot too long ago a friend, who had several eateries, required some advice. He had acquired a location to open up a food outlet however there was a catch. He couldn’t make use of any open flame in it. Therefore I suggested to him to open up a Panini Shop. Reason being that the pressed sandwich is compact, neat as well as easy to prepare. A Panini shop is an effective approach to lure lunchtime crowd looking for a quick bite to eat. Pressed sandwiches can offer a crispy, tasty snack as well as a light lunch for your customers. Here are some points needed to open your Panini Shop or Kiosk. With regard to the necessary licenses, seek advice from your local authority to get a much better idea.

Panini Restaurant Design

Your restaurant design should have a clean, pleasing as well as comfortable atmosphere. Providing free wi-fi Internet will certainly appeal to customers working from their laptop, although you run the risk of encouraging diners to linger long after finishing their sandwiches. Obtain equipment necessary for your kitchen like cutting boards, a cold counter that you can display your ingredients, refrigerators and also stainless steel counter top for working along with other small items. Last but not least the key equipment the Panani Machine. Ensure you purchase a commercial one that is able to last longer.

Create Your Panini Menu

Making Panini sandwiches is simple; you simply need to make use of simple ingredients. You don’t need to be or even employ a Michelin Star Chef. Get good quality bread like ciabatta, rye, whole meal and so forth. Select hardy breads so they withstand the sauces as well as ingredients. As for the fillers you can include just about anything like smoked meats, vegetables, cheese and various sauces. A good Panini is generally made with only four or five flavor combinations to avoid overwhelming the taste. You can even use your local delicacies example in Malaysia; Spicy Anchovies Paste (Sambal Ikan Bilis) is a favourite. So I suggested my pal to add it to the menu.

Marketing your Panini Shop

The best way that you could market your shop is to hand out free samples. Cut various bite size sandwiches, skewered with little picks. So customers can sample different varieties. Hand out flyers to local offices, so their staff can drop by lunch breaks. Create special stamps where you can stamp on it, each time your customer purchases a sandwich you stamp on the card. Then the customer can redeem their free sandwich when they have 9 stamps. If you are in an office building you can provide delivery service to the offices when they purchase a certain amount of sandwiches.

Selling Add Ons

In my earlier post “Restaurant Promo Ideas #22- Little Things to Help your Customers Spend More” I sold add ons (Souvenirs) in my pub. I sold products with a Pirate Theme that suited my Pub. You can even offer add ons in your Panini Shop or Kiosk. You can offer bottled water, carbonated drinks, fries as well as ice cream. Should you have the space and your local authority or council allows throw around a few tables and chairs, so customers can sit down whilst enjoying their sandwich. Put a glass door fridge stocked with beverages which is visible to the customer’s view in order to entice them. Don’t price the items too high; these are additional revenue to you.

Product Coffee Shop Secrets
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There are some people within the coffee shop industry who have not been telling the truth about how much it actually cost to open a coffee shop or open a coffee service business. There are two reasons for this.

1. They are trying to sell you something. Either some really expensive equipment, or some expensive consulting.

2. “They” don’t want to create more competition for themselves (ie, other coffee shop owners).

Wayne Mullins a former co-owner of two successful coffee shops have written this e book called Coffee Shop Secrets which is designed to walk you through the entire process of opening a coffee shop

Coffee Shop Secrets is not for people who think they can sit on their couch and have a coffee shop magically open for you. Opening a coffee shop is work! But Coffee Shop Secrets will guide you straight through the process with the fewest possible mistakes (saving you money and your valuable time).

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