Archive for August, 2009

The Best Coffee Shops – What is Their Secret?

The best coffee shops tend to have a number of different features that help make them a success. Some are easy to recreate, others require more work if you are thinking of owning a coffee shop or starting one up. So here’s a list.

1) Location. The best coffee shops are where people need them to be! This may sound obvious, but things like looking at where people gather, what are the main commuter routes into and out of your town or city all bring dividends in terms of having potential customers to get through the doors.

2) Service. People are becoming more discerning as they work on a smaller budget but they don’t want to give their daily treat up. So what keeps them coming back? Often as not, it will be that individual touch from baristas and others who take that little extra time to ask how you are, and ideally, remember your chosen coffee. (more…)

Small Business Grants For Women Starting A New Business

If you as a woman own 51% or more of your business or business start up it is considered a woman-owned business and as such qualifies you for a variety of small business grants for women. The beauty of going this route instead of the more well known bank loan or finding willing investors route is the simple fact that business grants do not need to be repaid.

This of course helps relieve the stress of paying back that loan or the group of investors that fronted you the money to get your business off the ground. Being able to concentrate solely on your business without worrying about cash flow is a sure fire way to ensure its success. (more…)

My Coffee Shop Business Plan – What Should it Contain?

Putting together a coffee shop business plan is just one of the many challenges facing any one who wants to start a coffee shop and is in need of funding, so what form and structure should it take?

While there are plans you can download, they will cost money that can be better spent elsewhere and they almost certainly not be tailored to the niche area or locality of your chosen site.

Your opening statement is a key, key part of any document you put together. It’s a bit like hearing a new song on the radio. If you like the first bit, the chances are that your potential investors will hang around for the meat of your coffee shop business plan. The statement should cover your idea, management plans, profit projection and so on.

If your ideas are clear, then the next part, your mission statement – should be easier. Will you only serve coffee, (more…)

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