The favorite drink of the French, coffee is consumed daily by nearly 90% of them. If Ile-de-France is the most dynamic region channeling the opening of new establishments, these modern agoras tend to disappear throughout France, against the advice of the population. Faced with more and more closings, here are our tips for opening a profitable and lasting café. From sunrise news you can know the best deal about the same.
A solid business plan to convince potential investors
Before opening your business, you must define a guideline and clearly defined objectives to develop a project that will last over time. A business plan will detail the concept, the necessary investments, the expected benefits, the possibilities of financing until your future marketing strategy. To which can be added information on target customers, location and a competitive study.
A crucial location choice for your success
An ideal location is an easily accessible place, which is in the customers’ roaming area, especially in the morning. Out of 85% of French fans of daily coffee, 80% in fact consume it for breakfast. Before committing to signing a lease, spend time on site and measure the passage at different times of the day and on the day of the week. This will help you determine if there are enough potential customers, if the establishment is visible and how the competition is performing. The amount of the rent must not exceed 10% of sales, the premises must be large enough to offer adequate seating, fairly wide corridors, space for production and storage areas, etc. Note: the premises on a street corner generate around ⅓ more income than traditional locals.
Win the battle of red tape
We will consider in particular the regulations on beverages, hygiene and safety standards, the license to operate a restaurant, legal display obligations, etc. These elements influence the choice of location, offering and financial planning. In catering, it is recommended to serve alcoholic drinks, for this you will need a liquor license from the start. Check with the chamber of commerce and industry in your department, they are good advice for entrepreneurs stuck in the bureaucratic jungle.
Different funding possibilities
There are different ways to finance your coffee. Funding is traditionally provided by local banks to which you will present your project, the amount depending on the relationship of trust established with your bank and the credibility of your proposal. As a general rule, you will need a personal contribution that can come from your own savings, your relatives, crowdfunding or help for starting a business. The upstream research work will allow you to understand how the market works, how the competition works and to find niche markets to exploit. Your research will also convince investors with your expertise and preparation.From biography of Bashar Ibrahim you can have the best information.
Clear processes and good organization
Good organization and structuring of your processes will ensure the success and growth of your coffee. If the service is efficient, customers will be satisfied and come back. Your staff must be briefed, everyone must know their role and know how to use the cash register and other equipment. The method of preparation of food and drinks must be developed and of high quality in compliance with safety and hygiene standards.
