Welcome
We cannot ignore the growth of the coffee shop industry in recent years it become a phenomenal.
A lot more people than ever before flocking to their favourite coffee shop, making a booking, standing in line and paying good money. For the right person who understand the business of coffee it could be a gold mine.
However, like any other speciality business out there you will need to know the inside information what we call strategies and the knowhow on implementing them in order for you to cash in on this extraordinary growth business opportunity.
If you like me and you like to be around people and great aromas and good coffee while you make significant money, then this industry might be the door you where looking for, the ticket to success.
Even though it is looking an easy business it could be deceiving, don’t trust these “glamorous” appearance. There are a few things that as a first time coffee owner you must know and competitors are in no hurry to share with nobody. This information could be the different between a successful coffee shop that hire more workers and a shut down business with a sign hanging asking for someone else to take over.
Whenever there is a massive growth cycle there is also an underside connected with it. Believe me there are operators/owners who are making a killing, huge profits in their coffee shop but there are even more coffee shop owners who are trying very hard to survive and keep their heads above water.
If you follow the industry I am sure you noticed that many new coffee shops being offered for sale. And I am sure you notice the surprising fact that the sale price is usually a lot less than the investment the owner puts in to open the coffee shop in the first place.
So you ask yourself what an owner of a profitable coffee shop knows that the vast majority of struggling owners do not know.
I have been ones a successful coffee shop not after I struggled for long time and lost a lot of money I thought I know everything kind of a guy and did not want to hear or listen to others.
Well, do not make the same mistake as me when I started and read couple of books and get different angles on things remember knowledge is power. GOOD LUCK