Is starting a coffee shop business one of your New Year’s resolutions this 2011? Did you make a resolution to lose 25 pounds? Or did you promise to quit smoking cigarettes? Many people make New Year’s resolutions but hardly ever fulfill that promise. It can be difficult to lose weight or quit smoking. Starting your own business like a cafe may be a better promise to pursue as it is the only resolution that can actually make money.
A poll made this year by a marketing research company, Ipsos, says that the top resolutions for this year is to have more money. About 70% of the survey participants had resolutions connected to make money. About 21% said they wanted to earn more. Others said they would save more or spend less money. One of the ways to earn more cash is to get a second job or to open your own coffee shop business.
Aside from fulfilling your New Year’s resolution to earn more money, I can give you 4 reasons to open your own coffee shop business. opening a coffee house is also one of the most popular businesses to get into. how to open coffee shop If you landed on this page, it’s likely you want it too. Hopefully these reasons to start a cafe will convince you not to delay it till 2012.
1) Never get fired – Sure you can experience good and bad days when you have your own coffee shop business, but you can do something about it. You can learn techniques to avoid closure. Pick up tips on how to stay open for a long time. You have a choice to struggle to make things work. Many companies are closing or laying off employees. Having your own business gives you a chance to earn something in case that happens.
2) Give yourself a raise – By having your own coffee shop business, you won’t have to keep asking for a raise or negotiate for better benefits. You are the boss and you can give yourself a raise. Many business owners make the mistake of not giving themselves salary. If you are running your own coffee shop, then you should pay yourself regular wage. Separate dividends from the pay you deserve for managing your business.
3) Set your own work schedule – Once your coffee shop business is running smoothly, maybe after 6 months from opening, you can start to relax a bit. You won’t have to drive to work daily or deal with heavy traffic. You can hire a manager to run the place or visit your coffee business at a time convenient for you. You can even take a vacation more often. Many people do run their businesses remotely as long as you have a mobile phone, email access, and the internet there to help you.
4) Start with any budget – You can start a coffee shop business on a small budget. A cart or kiosk will cost much less than opening a full service, dine-in cafe. So if your budget is limited, why not open a coffee kiosk at a nice entertainment strip or huge mall. Even rent and coffee machines today are also cheaper than they were years ago. You can also take out a loan at the bank to start your own business.
Some pessimists will warn you that most new start-ups will close within a year or two. They will tell you “Yeah sure you won’t get laid-off but you can lose all your money and your business.” People who think this way will first — never go into business for themselves. Second – they haven’t realized that if this was the way most people think then there wouldn’t be any entrepreneurs around or any privately owned businesses.