Over the last few decades, the UK seems to catch up with its European cousins in embracing the hot cafe culture. This has been seen through the sudden explosion in the number of coffee chains in the high streets. A Starbucks or a Costa is a common sight now in the UK. Majority of the Brits start their day with a cup of coffee and it’s not an inappropriate assumption keeping in mind the 70% of coffee drinkers who have their first cup within an hour of waking up! With predictions of the number of coffee shops still growing, 2016 has probably seen a grand total of 30,000 coffee shops.
As per estimations of the experts and surveyers, the size of the cafe industry is at 2 billion pounds and it’s still growing. Cafes are indeed a huge business and consumers are always hunting for independent providers. And if you’re someone who is planning to combine your extreme love for coffee along with your spirit of entrepreneurship, there’s no better time to start off a coffee shop of your own. Apart from the catering equipment, there is a long list of things that you need to consider. Let’s check them out.
#1: Design a sturdy business plan
One of the foremost steps that you would take towards opening your own coffee shop would be to create a tough and hard business plan. The plan should entail what exactly your business will be all about, how it will prove to be a lucrative option for customers, the kind of people who will be your customer base, exploring competitors and offering troubleshooting strategies which you would require for accomplishing your goals. However before taking plunge in the conventional business plan, create a one-page pitch. Validate your business idea and also get a clear idea of your target audience.
#2: Invest enough time to choose the right building
In order to be successful, you need to have a good location selected for your coffee shop. You would definitely want something located centrally, a space where people usually gather and also a space which is conducive to your vision. Experts like Marc Renson alerts you that finding the best possible location can never happen overnight. You may have to scour city after city, scout every single location and also go to the extent of counting pedestrian traffic. You will probably find the spot after months of searching.
#3: Design a perfect floor plan for your cafe
It is vital for a coffee shop to have a solid floor plan. Your coffee shop should have enough space for the customers to form a line, employees of the shop to reach out to the materials that they require for making coffee and a comfortable seating area. Think of every possible scenario and walk yourself within the space to make sure everything happens quickly. Also think from the perspective of a customer. What would you want in the seating area? Visualize such things and start getting them in order.
#4: Hire a professional accountant
Perhaps the best advice that an expert can offer a novice coffee shop owner is to turn his books to a professional accountant. Besides taking valuable time off from your business whenever you wish to, seeking help of an expert can also work in your favor. You wouldn’t be as tough on yourself as you sometimes may require being and you will also make some assumptions which the accountant wouldn’t ever make. In fact, your accountant is actually a business advisor and hence you should ensure finding someone who has your best interests in mind.
#5: Network like never before
Brewing high quality coffee and having a hot location won’t get you too far. You need to promote and network to retain the connection within the locality and also keep attracting more and more customers. You may join a business association or the local chamber of commerce or a local charity for promotion.
Apart from the above mentioned considerations, also make sure you lease expensive equipments like superior coffee machines, stock control till systems and get them from reputable stores. Give in your best to grow your cafe business and become successful among your niche.