Hey all... I'm new here but I've been in the coffee business before, and having just retired from a couple of careers within Government I am opening up a coffee bar.
I am a great believer in low cost startups and I shudder to see what some people are contemplating as initial costs. Either they have way more money, credit, good friends or wealthy parents than 90% of the world, or they are hiding drug money. :shock: I for one think that low cost startup, used equipment, low rent, excellent location and maximized sales, coupled with local community participation is the way to go. Throwing buckets of money at a poor location, shiney brand new equipment or hiring a large number of staff will not necessarily make a success of your business. In fact it puts you at a disadvantage right off the hop. Every dollar you spend needs to come out of your profits... do the math.
Anyhow, I wish everybody lots of success, I'm just trying to point out that I think we can all get up and running for a lot less than some people are talking about. I for one don't have the backing of the big chains, nor the luxury of having 4-6 staff to sell my coffee. I'll be in there grinding and serving, myself. And loving it!
I love this forum... the information here is fantastic! Let's go sell coffee! 8)
I am a great believer in low cost startups and I shudder to see what some people are contemplating as initial costs. Either they have way more money, credit, good friends or wealthy parents than 90% of the world, or they are hiding drug money. :shock: I for one think that low cost startup, used equipment, low rent, excellent location and maximized sales, coupled with local community participation is the way to go. Throwing buckets of money at a poor location, shiney brand new equipment or hiring a large number of staff will not necessarily make a success of your business. In fact it puts you at a disadvantage right off the hop. Every dollar you spend needs to come out of your profits... do the math.
Anyhow, I wish everybody lots of success, I'm just trying to point out that I think we can all get up and running for a lot less than some people are talking about. I for one don't have the backing of the big chains, nor the luxury of having 4-6 staff to sell my coffee. I'll be in there grinding and serving, myself. And loving it!
I love this forum... the information here is fantastic! Let's go sell coffee! 8)