Starting a coffee shop is similar with starting other businesses; it’s not easy but also not very complicated to do. However, if you start it carelessly, it is not impossible that you will only waste your time and money. There are several tricks you need to learn to make your business run smoothly. As quoted in Coffee Shop Startups, here are 5 success tips on how to start coffee shop.
Study the business regulations
Before you fall into the coffee business, you better study the regulations first. Find out what are the requirements, how much tax you need to pay, and many more. This is very important yet many business owners forget (Read: do not care) about their responsibilities that have determined by the government. Most importantly, pay the tax based on how big your revenue. If you keep thinking that it is not a big issue and keep avoiding it, be ready for what the worst will come in the future. Learn more about how to generate tax reports automatically!
Determine the concept is a success tips on how to start coffee shop
Having a coffee shop is only a daydream if you do not have a clear concept. So, the second thing you need to know on how to start a coffee shop is deciding what your business concept. Write your ideas down on the piece of paper, develop it and do not shy to ask your friends about your concept. Do not forget to adjust the concept with your budget. After that you can determine other stuff such as menu and price.
Implement Accounting, POS, and Inventory Software
Accounting software is one of the tools that is very essential within various businesses including coffee shop. This system helps the users to manage financial efficiency. Anything that related to the financial affairs from generating journals, invoices, bills, to generating in-depth financial reports can be done easily and quickly.
Second, POS system is also essential for the coffee business. POS system helps streamline any transaction process. This system allows customers pay with various methods such as cash, debit and credit card, coupons, vouchers to mobile payment.
Those two software can be integrated with inventory software which also very important for a Food & Beverage business like Coffee business. Inventory system helps to manage your stock within your coffee business. If somebody ask, “how to start a coffee shop?” people are likely say these three software are very important to think of.
Find the best vendor
Customers are not only looking for a comfortable spot to read and sip a cup of coffee, they are also looking for the best coffee. We know that coffee fans will not bother to buys expensive cup of coffee as long as it is worth it. Study about the coffee more and look for the best vendor. Secondly, it is also important to find the best vendor which can provide you additional stuff like pastries, donuts, croissant, and many more. And again, take it seriously.
Besides, you may want to invest the best equipment for your coffee shop. After you decide what concept you want to use, you can determine what kind of equipment you will need. For instance, will your coffee shop need big or small coffee maker? How many fridges you will need? And many more.
Find qualified baristas
Who said you will only need professional baristas within your coffee shop? You can also recruit the amateur baristas who works like professional baristas. Give them a proper training so that they not only can produce the best coffee drinks but also how to serve the customers properly. After you have your barista, do not forget to manage employees’ schedule efficiently so that the daily operational will run smoothly. Besides, give them their rights as employees like insurance based on their role.