Strategies for Buying

 Before contacting sellers, potential buyers should prepare a document that outlines for themselves their desired sales price, terms, and conditions. You also will need...

Determining Price from a Buyer’s Perspective

Potential buyers must do a thorough financial analysis of the shop. They should study its current profitability carefully and use this information to determine its potential capacity...

Lease vs Own for Coffee Shop

 You may want to consider leasing rather than buying a location for your restaurant. You may be able to lease a building with less money up front. It will be easier to start...

: The Basics of Buying a Coffee, Espresso & Tea Shop

As mentioned in the introduction to this manual on How to Open a Financially Successful Coffee, Espresso & Tea Shop, the consumption of specialty coffees and teas outside the...

Business Logo and Business Cards of Coffee Shop

Once you have come up with a name for your coffee shop, you will want to develop a logo. A logo should include your store’s name and an image that represents it. Many shop owners...

Ordering China, Glassware, Flatware,Utensils, and Miscellaneous Items

 As a general guideline, you are likely to need 8-, 12- and 16-ounce sizes of coffee mugs; 8-ounce cappuccino cups with saucers; espresso cups and saucers; double espresso cups...

Installation of Coffee- and Tea-Making and Related Equipment

The U.S. specialty coffee and tea industry is relatively young, and retailers of upmarket beverages are constantly having to familiarize themselves with the changing complexities...

Selecting Coffee and Tea Suppliers

The suppliers you choose can make or break your specialty beverage venture, so it is in your best interest to view them as your long-term business partners. The perishable nature...

Organizing Pre-Opening Activities

Opening a coffee and tea shop, or any business for that matter, is a great test of anyone’s organizational and managerial abilities. It is imperative that communication be maintained...

Selecting a Site for Your Coffee, Espresso & Tea Shop

 After determining a likely area best suited for your coffee, espresso, and tea shop, be sure to obtain as many facts as you can about it; e.g, How many similar shops are located...

Business Plan: The Management Plan

 Managing a business requires dedication, persistence, the ability to make 19 decisions, and the ability to manage both employees and finances. Your overall management plan,...

Business Plan: The Marketing Plan

 How well you market your coffee, espresso, and tea shop, along with a few other considerations, will ultimately determine degree of success or failure for your business. The...

Business Plan: Description of Your Coffee, Espresso & Tea Shop

In this section of the business plan, provide a detailed description of your shop. Ask yourself, “What business am I in?” and “What makes my coffee and tea shop special?” In answering...