Build your own coffee shop business with small capital but abundant profits! Here’s how!
Getting here, the work area seems to be getting narrower, huh?
Therefore, instead of worrying about looking for a job and waiting for an interview call, why not just start your own business?
One of the businesses that are booming lately is the coffee shop business.
The fantastic amount above could just move into your wallet if you want to try opening a coffee shop business.
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Don’t worry about capital, here we have prepared tips for getting started with small capital.
Come on, listen to others!
Tips for Starting a Coffee Shop Business with Small Capital
1. Build Cooperation with Other Businesses
This one trick has actually been used as a way to start large and small businesses.
By building partnerships with other successful businesses
You seem to create a symbiotic mutualism relationship where the two businesses can help each other in increasing revenue.
Just say a business cooperation partner is in the world of renting a building, with this you can negotiate the location of your cafe business at a price that is still reasonable.
Another option, you can rely on coffee suppliers from sources that you are familiar with.
This method will reduce the main cost of buying coffee at the start of construction and every month.
2. Share Location Rental Money
Like working with an existing business, you can also start your coffee business by building partnerships with other businesses.
For example, you could incorporate your coffee shop in a bookshop.
The two businesses above can help each other because both can run at the same time.
Especially considering the cafe business equipped with a small library is currently hitting big cities.
In this way, the rent for location, electricity, water, and others is not too large because the amount will be shared together.
Other places and businesses you might be able to work with are vinyl shops, flower shops, music stores, art galleries or museums, and so much more!
3. Buy Cafe Needs at the Used Goods Place
To further cut your capital budget, try visiting a second-hand shop before you buy cafe equipment at a big shop
Especially major equipment such as espresso machines, coffee grinders, and money storage areas.
You can find the above items at BaBe stores at a much cheaper price compared to prices set in big stores.
You can also visit a junk shop to ask for information about the above equipment, usually they know better about places to sell second hand goods that are still of good quality.
4. Consider Starting an Online Coffee Shop Business
Starting your coffee business on social media can reduce your capital costs by up to 80% because you don’t have to rent a place, buy furniture that complements your interior design, along with chairs and tables.
You only need to have the equipment to make coffee, then you can do the rest at home and provide orders through the delivery system.
However, in starting an online business, you inevitably have to be able to master good marketing techniques so that the turnover and existence of your cafe business never goes down.
One marketing strategy that almost always works is to hold discounts, promos, or free gifts for the first few customers.
5. Consider a Mobile Cafe
A mobile cafe is a cafe in the form of a kiosk or van that can be moved from one place to another.
This strategy relies on crowded places that are usually visited by many groups of young people to the elderly to sell a product.
So, to start your cafe business from small, you can really try this strategy before building a permanent place in the middle of the city!
That’s collecting money, huh!