You've studied the costs and the potential profits, and you've calculated the rate of return on your investment. Now all you need to do is to actually start up and run the business. Before you do so, we would advise you to check if there is a cafe franchise business for sale in your city.
If you do find a franchise business for sale, that presents an opportunity you should take advantage of - it will make getting into the coffee shop industry a lot easier for you.
Managing a coffee shop franchise offers a number of advantages over running an independent cafe.
Do you have a lot of experience in running a coffee shop? If you don't, then a franchise program could prove very helpful.
A cafe franchise business will have a good track record of starting up successful coffee shops.
Name recognition can help a business become successful. When you enter into a franchise, you are gaining the power of its brand.
You can rely on the central franchise office to handle the majority of marketing concerns - from research to the production of promotional materials.