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Coffee Shop Franchise - Is This A 'cup Of Success'
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If you're considering a coffee shop franchise,[url=http://www.ilyav.com/isabelmarant.php]isabel marant sneakers[/url], there are a few things you should really take into consideration before you jump right in and start serving hot cups of coffee. The entire process of buying any franchise requires a lot of thought and a lot of due diligence before making the big decision. Way too often first time business owners or entrepreneurs jump into the first business that comes their way and they don't do enough research. Well,[url=http://www.maximoupgrade.com/abercrombie.php]abercrombie soldes[/url], this article will give you some things to think about before making a decision.
First of all,[url=http://www.achbanker.com/homes.php]hollister france[/url], coffee shop franchise opportunities are literally everywhere as more and more chains pop up every year. Why? Well,[url=http://www.teatrodeoro.com/barbour.php]barbour jackets[/url], the pure number of coffee drinkers has grown dramatically and coffee shop locations are almost on every corner. However, that's only part of the equation. The real truth of why they are so popular is because of the culture and atmosphere created with coffee shop franchises. People come to hang out, maybe do some work, have some meetings,[url=http://www.par5club.com/louboutin.php‎]louboutin[/url], drink some flavored coffee and hang out.
The good side to this industry is the profitability. The profit margins are huge. Think about it. People are paying upwards of $3 - $4 for a coffee that really has a total cost of probably $.25. Even though the margins are good, this is still very much a volume business. Nobody's getting rich making $2 per coffee. You have to sell a ton of units to make it worthwhile. The secret to most of the top coffee shop franchises is to have a drive-thru.
On the flip side, the total costs including the cost to entry can be significant. Initial franchise fees can range from 5 figures all the way up to 6 figures and beyond. On top of that, you have to get a retail location (or maybe they just 'tell you' where you're store will be),[url=http://www.ilyav.com/uggpascher.php]ugg pas cher[/url], maybe lease large equipment,[url=http://www.rtnagel.com/louboutin.php]louboutin pas cher[/url], get inventory,[url=http://www.rtnagel.com/airjordan.php]air jordan pas cher[/url], have fixed and variable costs,[url=http://www.maximoupgrade.com/abercrombie.php‎]abercrombie pas cher[/url], marketing costs, employee wages, utilities and so much more. You'll also have to pay royalties to the franchisor and those are usually based on gross revenues, not net profits.
What you really must consider is why choose a franchise model versus a traditional business model. The easy answer is the 'proven system' that franchises have, especially coffee shop franchises. The business plan,[url=http://www.mxitcms.com/moncler/]moncler outlet online[/url], the marketing plan, the training and much more already have been proven to work and they do as long as you follow the plan. In a traditional business model,[url=http://www.teatrodeoro.com/barbour.php]barbour sale[/url], you are left to figure it out on your own, however you can actually make more money because you don't have to pay royalties and franchise fees.
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