Best Being Successful In The Coffee Shop Business

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Best Being Successful In The Coffee Shop Business

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The large number of daily coffee drinkers makes the coffee industry incredibly profitable. You can find money-making opportunities surrounding this caffeinated beverage virtually everywhere. Whether you start a coffee shop, do mobile espresso catering, open a coffee drink drive-through or sell coffee gift baskets through mail order, there are customers who want to buy what you sell. – PowerPoint PPT presentation

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Title: Best Being Successful In The Coffee Shop Business


1
Best Being Successful In The Coffee Shop
Business
  • The large number of daily coffee drinkers makes
    the coffee industry incredibly profitable. You
    can find money-making opportunities surrounding
    this caffeinated beverage virtually everywhere.
    Whether you start a coffee shop, do mobile
    espresso catering, open a coffee drink
    drive-through or sell coffee gift baskets through
    mail order, there are customers who want to buy
    what you sell.
  • If you love coffee, you can most likely find a
    lucrative Coffee Franchise Opportunities that
    will fit your start-up capital and your
    lifestyle.
  • You can start with a mobile service, upgrade to a
    kiosk or invest in a high-traffic storefront. In
    addition, you can partner with other companies to
    cut your expenses and grow your profits - such as
    event planning businesses, catering services or
    hotels. No matter what type of coffee business
    you decide to start, free samples are always a
    good way to get your business name out there and
    get your foot in the door with prospective
    customers.
  • With a café, you can entice new customers with
    special events that feature local photographers,
    painters or musicians. You can often provide this
    "entertainment" for free, as these artists
    welcome the opportunity to promote their own
    talents.
  • In addition to the traditional advertising
    opportunities you have in the yellow pages, local
    newspapers and radio stations, you can print
    low-cost coupons to bring in new customers.
  • Hold monthly drawings for a "free coffee drink"
    to get customers to give you their contact
    information so you can build a mailing list.
    Another simple technique is to offer discount
    coffee cards ("Buy 8, get one free") to encourage
    people to become regular customers.

2


  • Delivering free coffee to a radio station is
    another inexpensive way to get your business name
    out there - in front of lots of people.
    Submitting a press release is a great example -
    the media will promote you for free if you send
    them a great news story about your business. This
    could be as simple is having your friend write a
    review about your "Café Opening" and sending it
    to your local paper.
  • So how do you actually starting your own coffee
    shop?
  • 1. Learn your business - different coffee
    flavors, the various ways of preparing coffee,
    caffeinated beverage trends and new and different
    coffee products. Your knowledge will help your
    business stay competitive and profitable. Get an
    inexpensive start-up guide on how to start a
    coffee shop or interview a coffee shop owner who
    can give you first-hand advice.
  • 2. Discover who your customers are. Obviously,
    they are most likely caffeine addicts - but what
    else do they want, and what are they willing to
    pay for it? (i.e. social atmosphere, relaxing
    work space, fast drive-through service, healthy
    meals, late-night hours) When you can create a
    unique café that offers value to the community,
    you'll find it much easier to win over customers.
  • 3. Find out which licenses or permits you need
    from your local government office. Talk with an
    accountant, insurance agent and banker (you can
    get referrals from other local business owners or
    friends) to get helpful tips on financing, tax
    issues, insurance and business management that
    will save you time, money and hassles down the
    road.
  • Get Started!
  • Coffee is generically everywhere. People will pay
    for something a little different. Use your
    creativity to design a truly unique coffee
    service or café environment, and you'll find that
    customers come flocking to your door. Businesses
    that provide coffee products or services can
    flourish even in a down economy, so if you want
    to start your business - go for it!
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