Coffee Shop Business Plan 2014 ‘” Customize Your Coffee Business Plan Today
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Creating a coffee shop that becomes as popular as the local chain takes strategy, ingenuity and a vision! In other words, to be successful…
Whether you aspire to grow as profitable and well-recognized as Starbucks or simply want to make a comfortable, six-figure income in your home town, the key to success is a carefully planned, well executed business plan.
I know the mere mention of the term ‘business plan’ causes both new and seasoned entrepreneurs to wince, go into denial and then procrastinate. However let me assure you that it does not have to be days and days of ignoring your day-to-day business, last minute panic or late nights of self-torture at the computer.
When it comes to writing these business plans you really do not have anything to fear but fear itself if you follow my simple, organized and user-friendly approach to producing a document that gets you results in real-life!
1. You don’t need an MBA. 2. You won’t have to spend countless, grueling hours at your computer. 3. You don’t even have to know what’s in a business plan. 4. BONUS! ‘” You also won’t have to pay a consultant $150 an hour to write a custom business plan.
Taking the time out to write that business plan will only “hurt your brain’� as much as you let it. Please allow yourself to accept my experience and help and get it done!
This is the secret that most successful coffee shop owners know: not having the vision and time-line for meeting goals that is part of a business plan WILL hurt your business and maybe eventually fold it.
The development of any business can be compared to a purposeful unraveling of your dreams, on schedule, so that they can manifest in reality. You need to have cornerstones, goal posts and an awareness of your ceiling and bottom line. Otherwise you are being unrealistic and possible putting wishful thinking or optimistic beliefs into practice that are actually sabotage your businesses.
Building a business on a “hope or a prayer’�, “winging it’� or “flying by the seat of your pants’� usually leads to a hard fall!
The coffee shop that is affordable and relatively easy to operate is going to be the one that has a future with a declared mission and a future that is deliberately mapped out so that it grows financially and rewards you, rather than punishes you.
In fact, I would go so far to say that if you are not enthusiastic enough about your own coffee shop business to sit down and take care of its future by writing a business plan for it, then why would any customer be enthusiastic enough about your business to buy that coffee from you?
Trust me. When it comes to the how-to’s and what-for’s of specifically writing a business plan for a coffee shop I’ve heard it all …
As the founder and editor of Cafe Profits, I have answered all kinds of questions about running a coffee business from entrepreneurs just like you. Of the hundreds f questions I get every month, about 80 percent are about effective business plan development or business startup.
I also get the success stories ‘” the letters and e-mails from professionals who’ve built a profitable and established coffee business. They offer tips and advice, telling me what worked for them.
So I have a unique vantage point ‘” and a wealth of secret, insider information about the business that others don’t. I know what it takes to make it and I have also watched countless coffee shop owners try to run their coffee shop on hope and run it right into the ground!
Regardless of what anyone says, starting your own business has its risks. But, what I’ve learned is that a good business plan helps you tackle challenges before they accumulate and eventually become so overwhelming to deal with that you end up going out of business.
Have you ever notice how many people in business actually spend all day doing what they call “putting out fires’� rather than actually running their business. That is because they have accidentally created crisis after unforeseen crisis by not having a business plan in the first place that foresaw how certain situations should be prevented or handled.
The result is a business that limps along hoping for the best without firm direction. It becomes all about “crisis management’� rather than selling coffee.
Having a solid plan with realistic estimates is critical. You need a business plan that is tailored to your unique business. Generic plans simply don’t work that well for coffee sellers, and consultants can be way too expensive for the usual person trying to put together a start up.
Let me show you how to get a personalized business plan tailored specifically to your coffee shop that will help you earn the highest profits attainable!
FACT: Over 50% of all small businesses FAIL in the first year.(Source: US Small Business Administration) FACT: Statistics show that a well-written business plan can dramatically increase your chance of success. FACT: Poor planning is the #1 cause for small businesses failure. (Source: Dunn and Bradstreet) FACT: Only 44% of Leisure and Hospitality Services are still around four years after start-up. Small Business Trends)
Now, let me show you exactly how to help safeguard your business from failure. I want to introduce you to the best business plan template system I’ve ever come across. It provides the customization you need, geared solely toward the coffee industry.
It also doesn’t come along with the high… Read more…
