where to start?
plan of action
Where to start? I want to start a coffee shop!
We started this page because many people ask us where to start when opening a coffee shop. What is the first step? Who to contact first? This is a tricky question because it depends on your circumstances but we try to answer it the best we can.
The first thing is obviously to think real hard. Ask yourself why you want to open a coffee shop. Is is because you like coffee? Or is it because you want to be independent? Are you making it sound better than it might be? Do you really understand the hard work that it involves and the hours it takes? Are you sure that you want to make coffee all day and deal with staff issues? If your answer is a definite yes, then GREAT. The ideal scenario would be if you could find a job in a coffee shop for a while. Then work your way up to the top to learn the job. After you have the experience you can start your own shop. This however is not a viable option for many people and we understand this. One of the best ways for sure it to join a course that teaches you most of the things that you will need to know about starting a coffee shop. These courses are a great help and can teach you about the finance side of things as well as finding a good location. One of the first things we think you should work out is how much you need to earn to live. There is no point starting a coffee shop that in the end doesn't give you the earnings that you need to live on. This means that you need to learn how much you can earn with a coffee shop. Of course courses can help you with this but you could also try to get hold of the annual accounts of coffee shops in your area. Look for coffee shops that are for sale and ask for their accounts. This should give you a bit of an insight into things.
Once you know how much you can earn with shops you should be able to start working out what size coffee shop you would be looking for. It might be a small 50 sqm shop or it could be a 200 sqm shop. At the same time you should be working out your takings per year. Then you have an idea of how many people you need to get through the door. All this might be hard to work out by yourself, which is why a course can really help you out. Also, it would be a good idea to learn the basics of running a business. Courses for this are highly recommended. You could also read through gov.uk which is very helpful. |
Plan of action?This could be a good plan of action once you have worked out your initial research and have a business plan just about ready:
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