5 Reasons Why NOW is a great time to open a coffee shop
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1.Change in working behaviour
- More working from home
- need for social interaction
- more connection with the local community
- don’t miss the commute
- Need fast reliable wifi
- Change in peoples outlook
- The noise of Social interaction
- move to support local independent rather than big chains
- Work-life balance
- more time with loved ones
- revaluating what’s important
- life’s too short
- realise don’t enjoy current job
2. People leaving the industry
- Availability of sites
- Less competition
3. Ready-made businesses for sale
- Save a fortune in set up costs
- existing client base
4. Rents resetting
- Landlords are much more flexible
- Lower than before COVID
- A coffee offer is often a magnet for attracting other tenants
- Loans more available to kick start economy
5. Recession-proof business
- Coffee is considered a ‘little treat’
- High end restaurants suffer
Why you need to do it NOW not later
1.Redundancy payments
- Unfortunately, lots of people will be forced into a career change and many will have a lot of cash to invest, potentially upping rents and taking good sites or overpaying because they are doing it without proper research
2. Lifestyle reassessment
- After furlough/working from home, they want to be their own boss
- People are now looking forward rather in a cocoon
3. The best sites will go fast
- You need to know exactly what makes a great site for YOU
- Don’t get left behind by waiting to see
- Get your business plan written and clearly defined
Warren Buffet
- ‘We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful’
- Now is the time to move forward with your opening plans
Start-Up A Coffee Shop course is the best on the market and £99 for the next few days then back to £299
- Seek expert advice from the worlds most respected coffee shop and cafe coaches
- Access via a private group to our 75 years of combined experience
- https://www.startupacoffeeshop.com/limited-time-offer/