However, you may have noticed that the most successful coffee shops offer a bit more than just a great cup of coffee. The most profitable shops become community hubs, information centers and places for people to talk, work and discover new coffee related creations and products.
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 ure 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 do ent 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.