Profit your baking abilities now and get benefit from bakery coffee shop business idea. Bakery and coffee industry has gained popularity in recent years, providing entrepreneurs an opportunity to run a successful business. Now convert your baking passion to a rewarding bakery coffee shop business.
THE BUSINESS IDEA
Love baking? Often bake for home parties and receive great compliments? Then it is a great time to consider starting your own bakery and coffee business, keeping in mind the recent advancement in this sector of the industry. To run this business successfully you will require a storefront in a commercial area of town or city. Another option is to run this business from home, preparing baked products at home and selling to customers directly.
Moreover, you can act as a supplier and supply baked products to different businesses. Four things which will play an important role in expanding your business are a suitable location, effective marketing, mouthwatering display, and product quality. Use price as a marketing tool to attract customers by offering
coupons and special package meals. If you want to provide delivery services distribute your menu to different offices.
To grow the bakery coffee shop business, you will need to meet and fit the tastes of your local community. Provide different reasons for new customers to visit you and try your food, such as free Wi-Fi. Select your food menu carefully to ensure that you are offering food that locals want to eat. Offer low calorie, healthy food choices and extra special foods such as avocado. Avocados can be substituted for butter and are a great way to decrease calories in the baked products. During baking, half the amount of butter can be substituted with mashed avocado.
A bakery coffee business will attract different types of customers. Bakery and coffee shop is a popular place for informal meetings, parties, and student chatting. Moreover, bakery products are used daily by almost every family.
- Storefront: A great location is necessary for attracting customers. Prefer famous malls and high- pedestrian traffic sites having an adequate parking facility.
- In-home: Apart from a physical store in the local market, you can establish an in-home bakery to run your business. This will save additional costs on rental expenses.
- Mobile Shop: You can also set up mobile shops in hospitals, old-age homes, universities, and community centers.
The startup cost of bakery coffee shop business idea is high. However, the profit potential is tremendous especially when you develop your reputation as a high-quality bakery and coffee shop. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- An easy, creative and flexible business that allows you to do what you love.
- The bakery products last for days with low-production costs.
- You can also run and operate a bakery business from home.
- Market is highly sustainable as people have to eat and are willing to pay for fresh products.
- High startup investment with high earning potential.
Service 1 | Pre-Studies
Start your journey with one of our three Pre-Studies if you are not yet fully sure about your project:
Option1. Project Pre-Study: You have a business idea or consider to import/export a new product, but you need a qualified second opinion? Business Titans checks your business idea or project for you and provides a detailed analysis on the opportunity, its risks, feasibility and profitability.
Option2. Pre-Opening Plan: Do you need to get an overview of the detailed steps to implement your project? Entrepreneurs who wish to have on the operational level a sound overview of the steps they need to take to set up their new venture or product should look also into this option.
Option3. Project Exposé: Do you need a professional presentation to introduce your project to a demanding audience? Successful entrepreneurs understand that the presentation of an idea is as important as the idea itself. The approach Business Titans is applying is to send always an appealing Exposé of the project before sharing further details. Only if there is a vivid interest that you feel among your audience, you should share confidential documents such as Pre-Studies, Business Plans, etc.
Service 2 | Business Planning
Option 1. Business Plan Consulting: You draft the Business Plan with our Guidance, we review and enhance the final version. Business Titans supports you to develop a Business Plan. You draft your own Business Plan with our guidance. A senior member of Business Titans will then finalize your draft with enhancements, research data, adapting the contents and forms according to the expectations of the final recipients, including banks, lending partners, equity partners, landlords, insurers and regulators.
Option 2. Business Plan Outsourcing: In this option, the entire process, including the development of the business model and Business Plan is handled by Business Titans. You will be first interviewed to understand your vision, resources and capacity.The rest will all be done by us and presented to you for the last minor adaptations. This version gets a Business Titans certification to be used for 3 years (as long as there will be no major changes on the Business Plan).
Service 3 | Weekly Coaching
A Business Plan is (and should be) in a constant evolution. The more you get into your business environment, the more you are able to fine-tune it. However, the best Business Plan will not be more than a paper if you do not implement it in a disciplined and consistent way.
- Option 1: Try-Out Session
- Option 2: 2-Weeks Package
- Option 3: 4-Weeks Package
This is why Business Titans has extended its services with a Weekly Coaching dedicated for the step-by-step implementation of the Business Plan that we have developed together.