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0 / 31 Fotos
Make sure it's right for you
- Think through all the practicalities, risks, and potential sleepless nights of setting up your own coffee shop. This will not be for everybody!
© Shutterstock
1 / 31 Fotos
Assess your personal finances - You don't want to risk everything and leave yourself and your loved ones vulnerable. Make sure that you weigh all the potential costs.
© Shutterstock
2 / 31 Fotos
Learn everything you can about coffee - There will be no such thing as having too much knowledge when it comes to the center point of your business idea. Research as much as humanly possible.
© Shutterstock
3 / 31 Fotos
Research local coffee roasters - It is important to realize that the financial savings of roasting your own coffee may be offset by the time it takes. Consider local coffee roaster services.
© Shutterstock
4 / 31 Fotos
Make a business plan
- A business plan is essential. This needs to be done before any further action can be taken, so you can ensure that you have realistic goals and sensible plans in place.
© Shutterstock
5 / 31 Fotos
What is your concept? - It is important to determine a business concept early. Will this be a van, a kiosk, or a regular shop? Will there be a particular theme? These are important questions.
© Shutterstock
6 / 31 Fotos
Create a menu - This is the point where you will determine the products you will be selling. Will you serve a wide variety of drinks? Basic food? Or more elaborate breakfasts?
© Shutterstock
7 / 31 Fotos
Choosing a location - Knowing where your premises will be is very important. Can you afford the area where you want your coffee shop to be? Remember to be realistic.
© Shutterstock
8 / 31 Fotos
Exploring the local competition - Nobody can expect to compete with huge coffee chains. But, thankfully, many people like to support local businesses. Look for a gap in the local market, if possible.
© Shutterstock
9 / 31 Fotos
Get to know the laws and regulations - It is crucially important to known what your liabilities and restrictions are. Do you know how much tax you will need to pay? Will there be restrictions on building work?
© Shutterstock
10 / 31 Fotos
Assess the costs of equipment - The coffee-making equipment in your shop will be the life of your business. Can you afford to buy the best?
© Shutterstock
11 / 31 Fotos
Begin to build a budget - Think of every cost you will need to cover. Rent, building and design costs, staff wages, and equipment are just some of the essentials that you will need to account for.
© Shutterstock
12 / 31 Fotos
Work out the break-even point
- It's important to know how well your business will need to perform in order to break even. That way, you can continually monitor and assess your business.
© Shutterstock
13 / 31 Fotos
Finalizing your budget - This is the point where you will realize whether you have enough capital to go ahead without assistance, or whether you will need to sort out a loan.
© Shutterstock
14 / 31 Fotos
Business structure
- Deciding how to register and structure your business, with all the paperwork, will be a legal necessity. Research your options within your area and make an educated decision.
© Shutterstock
15 / 31 Fotos
Vendors and wholesalers - Finding out the best places to buy all your products, especially your coffee beans, will be one of the most important financial decisions that you make.
© Shutterstock
16 / 31 Fotos
Health laws and regulations - As you will be selling food and drinks, and probably hiring people, having full knowledge of your legal obligations is critical. Explore the laws in your area.
© Shutterstock
17 / 31 Fotos
Take another look at your budget and costs - Once you have a clearer idea of exactly how much everything will cost, you will be in a better position to revisit your budget and make any and all necessary changes.
© Shutterstock
18 / 31 Fotos
Review your business plan and finalize it - Your business plan has to be completely accurate, which is why it is extremely important to keep reviewing it. Eventually, you will know when it is airtight.
© Shutterstock
19 / 31 Fotos
Payment method options - You will notice that most establishments facilitate a variety of payment methods. You can lose customers by not accepting certain payment forms, so bear this in mind.
© Shutterstock
20 / 31 Fotos
Open a business bank account - Not only will this make things far easier for salary payments and tax liabilities, it will also allow you to make a clear distinction between your money and business money.
© Shutterstock
21 / 31 Fotos
Branding - How will the outside of your shop look? Do you have a color scheme or a logo? This will be crucial to developing the brand of your business, which is what you are selling.
© Shutterstock
22 / 31 Fotos
Set up a website, get on social media - Having your own website and social media is a key part of growing your business's accessibility and reputation. Announce your opening day to the widest audience you can!
© Shutterstock
23 / 31 Fotos
Hire the best baristas - You need great baristas to make great coffee. Hire experienced people to begin with, then you can gradually hire new people who are ready to learn.
© Shutterstock
24 / 31 Fotos
Be unique - It is important to have a clear idea of what makes your business a good place to visit. Think about instilling these ideas and values in your workers.
© Shutterstock
25 / 31 Fotos
Pricing
- This is a crucial part of determining your success. If prices are too low, you could struggle to make a profit. If they are too high, people may walk away. Research!
© Shutterstock
26 / 31 Fotos
Establish a time frame - It will be be necessary for you to set dates for the goals you want to achieve. Remember to adhere to this time frame as strictly as possible.
© Shutterstock
27 / 31 Fotos
Accounting - Whether you want to do your own accounts or hire an accountant to do them for you, it is essential that they are done.
© Shutterstock
28 / 31 Fotos
Insurance
- It is essential that you comply with all laws and regulations regarding insurance. Research this thoroughly. It is likely that you will need liability insurance, at the very least.
© Shutterstock
29 / 31 Fotos
Promotion
- Use every angle you can think of to promote your business. Post online, tell your friends, hand out flyers. Anything you can think of is worth a shot. Good luck! Click here to read more about coffees from around the world that you may want to try!
© Shutterstock
30 / 31 Fotos
© Shutterstock
0 / 31 Fotos
Make sure it's right for you
- Think through all the practicalities, risks, and potential sleepless nights of setting up your own coffee shop. This will not be for everybody!
© Shutterstock
1 / 31 Fotos
Assess your personal finances - You don't want to risk everything and leave yourself and your loved ones vulnerable. Make sure that you weigh all the potential costs.
© Shutterstock
2 / 31 Fotos
Learn everything you can about coffee - There will be no such thing as having too much knowledge when it comes to the center point of your business idea. Research as much as humanly possible.
© Shutterstock
3 / 31 Fotos
Research local coffee roasters - It is important to realize that the financial savings of roasting your own coffee may be offset by the time it takes. Consider local coffee roaster services.
© Shutterstock
4 / 31 Fotos
Make a business plan
- A business plan is essential. This needs to be done before any further action can be taken, so you can ensure that you have realistic goals and sensible plans in place.
© Shutterstock
5 / 31 Fotos
What is your concept? - It is important to determine a business concept early. Will this be a van, a kiosk, or a regular shop? Will there be a particular theme? These are important questions.
© Shutterstock
6 / 31 Fotos
Create a menu - This is the point where you will determine the products you will be selling. Will you serve a wide variety of drinks? Basic food? Or more elaborate breakfasts?
© Shutterstock
7 / 31 Fotos
Choosing a location - Knowing where your premises will be is very important. Can you afford the area where you want your coffee shop to be? Remember to be realistic.
© Shutterstock
8 / 31 Fotos
Exploring the local competition - Nobody can expect to compete with huge coffee chains. But, thankfully, many people like to support local businesses. Look for a gap in the local market, if possible.
© Shutterstock
9 / 31 Fotos
Get to know the laws and regulations - It is crucially important to known what your liabilities and restrictions are. Do you know how much tax you will need to pay? Will there be restrictions on building work?
© Shutterstock
10 / 31 Fotos
Assess the costs of equipment - The coffee-making equipment in your shop will be the life of your business. Can you afford to buy the best?
© Shutterstock
11 / 31 Fotos
Begin to build a budget - Think of every cost you will need to cover. Rent, building and design costs, staff wages, and equipment are just some of the essentials that you will need to account for.
© Shutterstock
12 / 31 Fotos
Work out the break-even point
- It's important to know how well your business will need to perform in order to break even. That way, you can continually monitor and assess your business.
© Shutterstock
13 / 31 Fotos
Finalizing your budget - This is the point where you will realize whether you have enough capital to go ahead without assistance, or whether you will need to sort out a loan.
© Shutterstock
14 / 31 Fotos
Business structure
- Deciding how to register and structure your business, with all the paperwork, will be a legal necessity. Research your options within your area and make an educated decision.
© Shutterstock
15 / 31 Fotos
Vendors and wholesalers - Finding out the best places to buy all your products, especially your coffee beans, will be one of the most important financial decisions that you make.
© Shutterstock
16 / 31 Fotos
Health laws and regulations - As you will be selling food and drinks, and probably hiring people, having full knowledge of your legal obligations is critical. Explore the laws in your area.
© Shutterstock
17 / 31 Fotos
Take another look at your budget and costs - Once you have a clearer idea of exactly how much everything will cost, you will be in a better position to revisit your budget and make any and all necessary changes.
© Shutterstock
18 / 31 Fotos
Review your business plan and finalize it - Your business plan has to be completely accurate, which is why it is extremely important to keep reviewing it. Eventually, you will know when it is airtight.
© Shutterstock
19 / 31 Fotos
Payment method options - You will notice that most establishments facilitate a variety of payment methods. You can lose customers by not accepting certain payment forms, so bear this in mind.
© Shutterstock
20 / 31 Fotos
Open a business bank account - Not only will this make things far easier for salary payments and tax liabilities, it will also allow you to make a clear distinction between your money and business money.
© Shutterstock
21 / 31 Fotos
Branding - How will the outside of your shop look? Do you have a color scheme or a logo? This will be crucial to developing the brand of your business, which is what you are selling.
© Shutterstock
22 / 31 Fotos
Set up a website, get on social media - Having your own website and social media is a key part of growing your business's accessibility and reputation. Announce your opening day to the widest audience you can!
© Shutterstock
23 / 31 Fotos
Hire the best baristas - You need great baristas to make great coffee. Hire experienced people to begin with, then you can gradually hire new people who are ready to learn.
© Shutterstock
24 / 31 Fotos
Be unique - It is important to have a clear idea of what makes your business a good place to visit. Think about instilling these ideas and values in your workers.
© Shutterstock
25 / 31 Fotos
Pricing
- This is a crucial part of determining your success. If prices are too low, you could struggle to make a profit. If they are too high, people may walk away. Research!
© Shutterstock
26 / 31 Fotos
Establish a time frame - It will be be necessary for you to set dates for the goals you want to achieve. Remember to adhere to this time frame as strictly as possible.
© Shutterstock
27 / 31 Fotos
Accounting - Whether you want to do your own accounts or hire an accountant to do them for you, it is essential that they are done.
© Shutterstock
28 / 31 Fotos
Insurance
- It is essential that you comply with all laws and regulations regarding insurance. Research this thoroughly. It is likely that you will need liability insurance, at the very least.
© Shutterstock
29 / 31 Fotos
Promotion
- Use every angle you can think of to promote your business. Post online, tell your friends, hand out flyers. Anything you can think of is worth a shot. Good luck! Click here to read more about coffees from around the world that you may want to try!
© Shutterstock
30 / 31 Fotos
How to set up your own coffee shop
Some helpful tips and advice
© Shutterstock
Sick of the rat race? Always wanted to be your own boss? Have a passion for coffee?
If your answer to these questions is "yes," then you've come to the right place. Starting your own business is never easy, but it is definitely something you can achieve if you have both the right frame of mind and a resilient nature.
Take a look through our gallery, based on information from Coffee Shop Start Ups, to see if you are ready for a new challenge.
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