how to start a coffee shop - costs and considerations
Post on 18-Nov-2014
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HOW TO START A COFFEE SHOP
COSTS AND CONSIDERATIONS
THE SPACEAS A RULE, RENT SHOULD BE NO MORE THAN 15 PERCENT OF PROJECTED SALES.
THE SETTING AND LOCATION OF A COFFEE SHOP ARE VITAL TO ITS SUCCESS, DON’T UNDERESTIMATE THEIR VALUE.
SKIMPING ON LOCATION ISN’T A SOLUTION
SETUP COSTSLEGAL FEES, LICENSE AND FRANCHISING ALL ADD UP
EQUIPMENTTHE TOOLS TO GET THE JOB DONE
SUPPLIESEVERYTHING YOU PRODUCE HAS AN INITIAL COST
ADVERTISINGWEBSITES, PAY-PER-CLICK, PRINT ADS, OH MY
PAYROLLTIME IS MONEY, YOU’LL NEED TO PAY FOR PEOPLE’S TIME
TAXESKEEP YOUR BOOKS BALANCED
CASHFLOWHAVE ENOUGH CUSHION TO COVER THE CHANGING TIDES
THIS IS WHERE MOST NEW OWNERS FAIL. SCRIMPING IN ONE AREA WILL COST YOU IN OTHERS.
GIVE YOURSELF ENOUGH TIME TO SUCCEED
200,000 FOR A SHOP*20,000 FOR A COFFEE CART
*According to Belisimo Coffee Infogroup
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