This is the perfect time for you to start your own chocolatier shop business. Chocolate and candy business industry are earning more than 11 billion of revenue per year. Act now and sell different kinds of chocolates to earn YUMMY profit with chocolatier shop business idea.
01 Startup Financing
Business Titans will help you to choose the best-matching financing method to your situation and to prepare you to get a good deal with the right partner. Speak to us about your idea and situation and get a free proposal how Business Titans could help you. Below is a preview of few possible financial solutions for your business project.
1. Bootstrapping: The right and wrong ways to set up your Startup with your own money.
2. Equity Partner: Money from equity partners can be good or bad for your project
3. Bank Loan: Be prepared for the tough due diligence checks of the banks. Get help for Due Diligence and KYC.
4. Friends and Family Loan: A sensitive topic with many attention points.
02 Business Planning
Business Planning is a continuous process of assumptions, risk assessments and revisions. It is not about the Business Plan but about the thinking process while you are setting up a new venture. Any serious business partner will challenge your assumptions and assessments. With Business Titans you get a diversified and professional sparring partner to brainstorm and starburst your business model until it is waterproof.
We help you to get the documentation you need in the right step with the right quality and format. Equiped with Business Titans certified documents, you will stand off in any forum.
03 Weekly Coaching
When the financing step is done and your business documentation is complete, it's time for action. A Senior Consultant will be accompanying you in a weekly personal coaching session through the milestones of your business. Your Consultant will check for examples and inspirations that match your unique situation. You will be supported with a personalized feedback to every aspect of your company: Legal setup, marketing plan, budget management, business development steps, sales pipelines, recruitment needs, product development, etc.
Business Titans will push you to achieve your milestones, stay in-line with your Business Plan and make you aware when and why a revision is required.
Check Out our New Starter Kit!
Strategy Roadmap - Your compass during the startup phase (6 pages pdf)
- Tools of Business - A collection of 80+ tools for any entrepreneurial situation based on 6 years of trial-error experience and lessons learned (14 pages pdf)
- Smart CEO Guide - Ways to raise efficiency and stay focused on the Strategy Roadmap (15 pages pdf)
- Social Media Marketing - A checklist with industry-standard best practices on social media (3 pages pdf)
- Customer Journey Stations - A one-pager exercise guiding you through the critical moments of dealing with customers (1 page pdf)
THE BUSINESS IDEA
If you love eating chocolates and candies, then you will be surprised to know that this hobby can turn in to a big money-making venture. To start a chocolatier shop business, you will require a permit, protection, and retail license. Competition is very fierce in this industry. Research different chocolate shops in your area and niches they are offering, to sell delicious and more exclusive products.
Moreover, there is a number of different options in the chocolate business. You can open a gourmet chocolate shop, or manufacture and sell your own organic chocolates and candies. Other options include chocolate café and chocolate gift shop. If you have a unique chocolate recipe and can carve out its own niche, you will gain an edge over market competition. You will have to meet the required quality standards of the local health department since you will be selling edibles. It is possible to start a chocolatier shop business from home to save some startup costs. However, it can be costly if you fail to meet the quality standards. Joint ventures with local wholesale dealers are important to save your investment costs.
Use a smart marketing approach since competition is very high. Create a flagship website that you can promote through different social media channels such as Twitter, Facebook etc. Offer a special discount during holidays, such as Mother’s day, Valentine day etc. The best option is to sell chocolate to the general public. Ask your family and friends to spread the word. You can also distribute free samples to the neighborhood. Use coupon promotions to draw in customers. You can also offer wine, champagne, and a different dessert at your chocolate shop.
Chocolate is loved by everyone from children to old people. Most of your customers will be children and young adults. However, at special events, there will be an increase in sales.
- Retail shop: Create a retail shop at a popular shopping mall or in your local market. Build a loyal customer base and keep them enthusiastic by offering new and unique products.
- Wholesale shop: Create small packages and distribute them to local restaurants, food stores, and grocers.
- Candy buffet: Create candy buffet and innovatively display your chocolate and candies on different events such as wedding reception, graduation parties.
- Social media: Promote your business and target potential audience through marketing approaches of social media platforms like YouTube, Facebook, Twitter, etc.
The startup cost for a chocolatier shop business idea is medium. However, the profit potential is high as a chocolatier shop is often marked up 100 % or more. Contact Business Titans to learn more about the potential revenues and costs to run this business.
THE KEY BENEFITS OF THIS PROJECT
- A flexible and creative business that allows you to follow your passion and love. You will be attending different chocolate conferences and meeting new entrepreneurs.
- Chocolate products of low cost with expiry dates of months and years.
- Once the business is established, product demand is very high.
- High market potential using smart marketing strategy.
- Medium startup investment with high earning potential.