Investors
Investing In A Coffee Shop?
When it comes to getting into the coffeehouse business, you need to decide whether to:
* Buy an existing coffeehouse; or
* Start a brand new coffee shop from scratch.
It is absolutely critical that you discuss each option with your accountant and as you can expect there are advantages [...]
Coffee Shop Franchises For The Desiring Entrepreneur
Everyone dreams of owning their own business. Sometimes the ideas just fall in your lap while others struggle to come up with something that they like and can make money doing. It’s not only difficult to think of something but then you have the expenses that come with if you are considering buying the franchise [...]
How To Set Up Your Own Internet Cafe – Part 1
Did you think putting up an Internet Cafe was difficult? Well, here are my personal tips on doing so.
Firstly, Location. It is imperative that you decide on a strategic location for your Internet Cafe. I recommend an area where a sizable crowd pass by on a regular basis; close to a school or a heavily [...]
Financial Issues in Business Startup
A primary inhibitor of business start-up is that few people have the financial cushion to give up a job for the uncertain income of a start-up venture. In a recent survey, about 30% of new business founders identified inadequate funding as their biggest hurdle, and a similar amount said lenders were too conservative. About 15% [...]
Entrepreneurial Transitions
Once you undertake the development of a business you utilize a variety of entrepreneurial skills. You find yourself working hard to keep things going, but there’s a real sense of satisfaction in the work.
Recently I was told of a woman who had started her twenty-first business. In each case the business was related to cooking. [...]
How to Start an Internet Cafe
The internet cafe business is relatively new and can be traced back to about 14 years following the launch of the internet. Initially, people used to queue up outside internet cafes to surf the net. However, diminishing broadband charges have lead to people preferring to access the internet from home. The real challenge of a [...]
Starting a Coffee Shop – Funding Sources
Besides having a coffee shop business plan, you need to have your funding source(s) defined when starting a coffee shop. There are many options available for you, but we will talk about the most common.
SBA – So many sources push SBA loans, SBA LOANS, SBA LOANS! Let me first say, the Small Business Administration loan [...]
Writing Your Coffee Shop Business Plan is Worth Beans!
If you fail to plan, you plan to fail. Simple, short and to the point.
People ask quite often of the importance of a business plan when starting a coffee shop. My response is always a statistic: Most businesses fail within the first year due to lack of planning but coffee shops have a higher failure [...]
Keep Business Operations and Logistics Simple, Streamlined and Agile
Most of the entrepreneurs we interview in our consulting business have a very unrealistic conception of what excites and disappoints investors. The dream of many inexperienced inventors seeking to fund their opportunity is to build a substantial infrastructure. Their business plan identifies the need for factory space, equipment, staff, and many other fixed costs.
Investors want [...]
