How Much Does it Cost to Open a Coffee Shop in 2023?
September 26, 2023 (Published: May 19, 2023)If you’re thinking of opening a coffee shop, the first question you probably ask is, “How much does it cost to open a coffee shop?” The second is, “How can I calculate coffee shop startup costs for a business in my local community?” We’ve got answers! Our team of coffee shop startup consultants has taught […]
Business Plan Basics: Determining Your Breakeven Point
December 16, 2013 (Published: November 20, 2013)Dreaming about opening a coffee shop? Then it’s in your best interest to master business fundamentals such as writing a business plan and calculating your breakeven point. As Greg observes in a recent issue of CoffeeTalk magazine: “Most coffee shop entrepreneurs begin with a dream. Perhaps they’re passionate about coffee and want to serve the […]
The One-Day Coffee Shop Business Plan
April 25, 2019 (Published: November 6, 2013)Writing a business plan is an essential step in opening a coffee shop. But if you’re like many new entrepreneurs, you view the process of developing a plan with reluctance. As a result, you may drag out the process, making it more difficult and painful. As Greg observes in the October issue of CoffeeTalk, putting […]
Kopi Luwak Coffee and Your Bucket List
April 21, 2023 (Published: May 8, 2012)Most java junkies probably know that Kopi Luwak is the world’s most expensive coffee, typically selling for $100 per pound and up to $50 per cup in fine restaurants. Consumed primarily in Japan and other Asian markets, Kopi Luwak gained worldwide fame in the 2007 comedy, “The Bucket List.” Billionaire Edward Cole (Jack Nicholson) meets […]
Franchise or Independent – Which Coffee House Business Plan is Right for You?
May 10, 2022 (Published: March 28, 2012)Specialty coffee is a great business for entrepreneurs. Coffee is the second most-traded commodity in the world, trailing only oil. And coffee shops continue to grow in popularity as more consumers demand great-quality coffee. However, opening a coffee shop may be harder than you think. And starting a business without a plan is a recipe […]
Go Green: Celebrating St. Patrick’s Day at Your Coffee House
January 30, 2023 (Published: March 15, 2012)The National Restaurant Association estimates that 25 percent of Americans visit a restaurant or bar to celebrate St. Patrick’s Day. Here are some ideas to ensure that your coffee shop gets its fair share of visitors… and that staff and customers alike enjoy the day. 1. Do your research. Find out how your community is […]
Driving Traffic to Your New Coffee House
May 10, 2022 (Published: March 7, 2012)Many new coffee house owners have misconceptions about the work involved in opening a coffee shop. One of the most prevalent myths is that you will be inundated with business as soon as you open the doors of your coffee house. If Crimson Cup had $1 for every person opening a coffee house who said, […]