If you plan to open a coffee shop, espresso bar, or start a coffee business then there are multiple factors to consider in order to maximize your chances of success. Most popular option well-loved by our clients! Espresso-coffee menu is inclusive of Cappuccino, Flat White, Long Black & Latte. Other espresso-based coffee like Macchiato and Ristretto can be prepared by our baristas upon special request from guests.
Most people start planning their new coffee business based on their "dream", they would ideally like to own. Although this is a normal trend, it may not be the most prudent way to start. Much time and energy can work wasted on "your plan", when in reality, you may not be able to pay what you want.
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As a consultant, I have seen this happen many times over the past 19 years. Often, new entrepreneurs swept their dream and end up over-extended financially to run out of money before they can open their doors for business. Those who manage to stand out are usually left with little or no working capital. Because few businesses open on Monday and Tuesday are profitable, having sufficient working capital will be required to pay your bills, employees, and yourself until the business can generate profits.