Retail Musings

"How can money be the root of all evil, when shopping is the cure for all sadness..." Elizabeth Taylor

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Bloggers
    Bloggers Search for your favorite blogger from this site.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
    Login Login form
Blog posts tagged in coffee shop
Posted by on in General Retail
So you want to open a coffee shop ...

When I ask prospective coffee shop owners why they want to open a cafe, they often tell me, “I thought it would be fun, I've always liked coffee.” And my response usually is, “It certainly is fun spending your life savings and then spending 80 to 90 hours each week trying to earn enough to make payroll.”

If you’re considering opening a coffee shop or cafe, consider the following questions:

Do you have a great business plan?
Do you have about $150,000 for the initial build out?
Do you have an additional $50,000 in the bank for payroll and other unexpected expenses?

Tagged in: cafe coffee shop
Hits: 10142