So you’re ready to open a coffee shop? Read on for five big mistakes to avoid.
1) Not having a business plan
Having a coffee shop may seem like a laid-back kind of business. But don’t be fooled. There’s work involved.
And you need a solid business plan to get the money to set it up.
And yes, even if you are planning to do most of it yourself, you’ll need funds. So plan on having that coffee shop business plan ready and go talk to your bank.
2) Underestimating how much it will cost
There’s much to be said for optimism, but estimating how much a start-up business will cost you before it becomes profitable isn’t something where you should get carried away with visions of fast success.
Most businesses take quite a bit longer to become profitable than their owners expected. So plan for that.
If you underestimate the time it will take, your bank may well pull the plug. And where will you be then?
On the other hand, if you get profitable ahead of schedule, you’ll be their hero!
3) Failing to know your market
Proper market research is really the first thing you should do. Just because there are lots of people hanging out in the coffee shops in your area doesn’t mean that these places are profitable. It also won’t mean that yours will be.
Find out what they like, how much they spend, and, yes, to the best of your ability, find out how profitable the other places really are before you open a coffee shop yourself.
4) Not planning a budget for marketing
Remember that line from “Field of Dreams”? “When you build it, they will come.” Ask some business owners about how that one worked for them in real life!
Not too well, I would think. You need a solid marketing plan — and the funds to put it into action if you want to hope to make your coffee shop successful.
5) Refusing to learn from those who have done it all before you
That may well be your biggest mistake. Don’t be a lone wolf. Your most valuable resource are people who have already done what you’re setting out to do, and have done so successfully. Take advantage of their experience and wisdom, and glean all the intelligence they’ll let you have.
You’ll save countless hours and dollars if you are willing to learn from those people. So make friends with some of your competitors and find out how they managed to make their businesses work. Did they have a coffee shop business plan when they first started. You can bet on it.
And there are even a few how-to manuals out there. Check them out.
Before you buy one, though, make sure that the author or authors actually have done what they write about. You want a guide by someone who has started a coffee shop from scratch, maybe even more than one, and has built it into a wildly popular place. If you find a guide like that, especially if it gives you a step-by-step process, grab it. It will help you avoid any number of mistakes.…
So you’re ready to open a coffee shop? Read on for five big mistakes to avoid.
Successful students are who always have spirit and find new business ideas for business development. Particularly if preparing to become a successful entrepreneur, then creativity and innovation is the key word. 6 Business Ideas For Students below that may be simple business ideas but “grounded” can be used as guidance in starting to build your small business.
1. Sell the uniqueness
If you are quite creative and innovative students, certainly a lot of new business ideas or things that you can make a business opportunity. Not a bit of effort from the discovery of new types of products, technologies, systems, and new programs. If it succeeded in creating a unique, immediately you get a patent and sell it. The new findings are usually very likely to penetrate the market, let alone the typical, unique and it takes a lot of people.
For example, you can make a unique T-shirts with full motivation words. The shirt is plain only if viewed at a glance, but because there is uniqueness in words full of innovation, can add value to sell. Certainly be far greater profits by selling their uniqueness.
2. Duplication of Other Enterprises
For those who feel less creative and innovative, do not despair. Believe me, the business ideas spread everywhere, even in plain sight. You should always have the opportunity to read, measure the potential, and dare to take risks. At least those are keys to win great Business Ideas For Students
For example, there is an area around in your house to eat noodles are quite popular. What is wrong with you compete fairly in the same place with the same product. You simply duplicate the effort, but should provide added value to the consumer, such as service, price, speed, friendliness. Example of a more satisfactory service to customers is to provide free tea water to consumers or provide more servings of meat compared to your competitors.
3. Additional Efforts
In addition to duplicate, you can also open a business venture by giving additional facilities, but it must be with a little touch of creativity. This business development can give you additional income.
For example, a neighbor opened the cafe, then you can still compete with the additional facilities or expand existing offerings. You can set up a cafe in the same location.
Almost every time there is a trend in business, and this may be a business ideas for students to increase their allowance, as it is now game zone. With a bit of extra facilities, you can have a business and are ready to succeed. For example, you can rent a place in the vicinity of the zone game rental by selling drinks that are popular today.
4. Buy Franchise Business Patterns
For those of you who have a large capital, but do not want to bother to think about the new business venture, franchise alternative can be selected. Franchising is a relatively standardized types of businesses as well. It takes a high flair for assessing franchises where a good and suitable for you. My advice, find a franchise that has a good track record and proven in the field. A growing number of emerging franchises, of which require large capital to the needs of small capital. You just sit down and let them work for you, so simple isn’t?
5. Selling Used Goods (second)
There are still a few people who are sensitive to this is not bother much time, you can do this during free time after class, can be carried out during school/lectures breaks or in your summer vacation.
Second item, especially with a very high historical value, usually have a very high price as well. However, selling used goods to be made with regular and planned. You can buy an item in one place at a low price and sell it in another place with a higher price. You can also sell scrap special computer by buying a computer is damaged at a low price. Than using a computer technician to fix it, and you can sell a computer that is already fixed with higher price.
6. Joint venture
Sometimes it would be great if your small business is established and managed together. For example, you are clever in computer programming, and you have a few friends, while your friends have lots of friends and have relatives and require extensive programming services, you can open a programming services (software house). You are doing the work, while your friends are looking some consumer. Each of these advantages could reinforce a new effort at once raised.
6 Business ideas for students above are quite challenging and interesting, don’t you?
Keep in your mind, what you have been done for your small business it’s just a learning process for your business development in the future. Some …
When a position opens up at your company, you may worry that you will not be able to find a new employee who is both able to do the job and also meshes well with the mood of your workplace. Although there will be some work involved, this process may not be as difficult as you fear. Consider a few tips that will help you find the right staff member as soon as possible.
Choose a Search Strategy
There are many different ways you can go about the hiring process. Some employers choose to post job listings at their shop or on online, for instance. While this gives you complete control over narrowing down the list of applicants, it can also be quite time-consuming. For this reason, some businesses outsource the task of finding a new employee to other companies, such as Boston staffing agencies. Such companies can screen lists of candidates with your specific needs in mind.
Be Clear About What You Are Looking For
One of the most important steps in your search for a new staff member is to pinpoint which qualities or skills this employee must have. Think about both hard and soft skills and make an exhaustive list of each. Be sure to separate the attributes that are absolutely required from those that are only preferred. This may encourage more people to apply, thereby casting a broader net to find just the right person.
Mix Up Your Interview Process
A final tip to consider when considering candidates for a position is to change your approach to interviews to some degree. Try asking a thought-provoking, non-traditional question, for instance. Alternatively, you could ask applicants to perform some sort of task so that you can make sure they have the necessary skills.
A team’s productivity rests on every single team member. For this reason, it is important to invest the time and funds needed to find the optimal new addition to your staff.…
Give a man a fish everyday, his appetite is sated. Teach him how to fish, you have fulfilled his appetite for an entire life time. This is strategy. To make it work, to make the impossible, possible. There is no drawn out template for success or for that matter strategy. But both of them go together when the right strategy is used at the right time and you can bang on your target. Neither the same strategy fits the bill for everybody. Your smart approach to that particular situation backed up by your knowledge and experience does the magic. It cannot be taught, it comes from within you when the situation warrants for action. It is more like “Survival of the fittest”, if you want to retain your niche in this business world you act fast and think wise.
How many of you are bold enough to think differently to make a difference, to make others feel your presence. See, you should not force yourself into the situation neither by copying or imitating others, nor by criticizing and commenting on your competitors products or services. That will paint a greasy picture on your firm. That is of course strategy but cheap strategy. But always be on the run to know your competitors’ weaknesses and shortcomings which will make you improve your product or a service. That is permissible in the dictionary of business as little spying will even put you in the right track.
Strategies must always be constructive and it assures success in the long run. Tactics or gimmicks will prove to be fruitful only for a short while and that is not your aim also. Will you be satisfied if you are able to sell your product or service as hot cakes only for a season! Is that going to cover your profit margin for the entire accounting year? True, strategies are always associated with making profits, boosting up the sales, for retaining the market share and maximizing the share value. But it should also make your business perennial and viable.
Many of us forget that strategies are applicable in every activity of a firm that forms a compact framework which gives your business a solid foundation upon which you can build your empire of success without looking back. Right from framing your vision, mission, policies, procedures and programmes including recruitment, selection, training, evaluation and empowering your employees strategies play their role in giving clarity and direction to the firm and also distinctive competence and image to your firm.
Although strategies are meant for long term planning, a review and appraisal of the company’s strategies to all the employees concerned is a must to keep them in bay. How many of you do this?Strategies are secrets but not to the employees of your organization. Strategies are born out of compulsion, a compulsion to survive in the market and have an edge over others. So they must be meticulously planned after brain storming sessions and expert consultations. Sometimes even a small idea suggested by one of your employees might turn out to be the most wonderful one and that might click. So keep your eyes and ears open and also be open minded to accept ideas even from the lowest level as they are your pillars of strength and they know the pulse of the market and people better.
Success is not a cake walk, it has to be achieved with great hardships and challenges and the taste of success will be more sweet. Strategies are formulated in every step of your business plan, remember it is an ongoing process, you have to revitalize your strategies every now and to be in the scene, to make your presence felt, to make other people look at you and your success for inspiration. Such strategies serve as a role model for others. Strategy is nothing but an action plan that clicks for you and there is no one best strategy that suits all. You have to find the best strategy that fits your bill and it comes with experience and insight.…
When the late Michael Jackson was in the last stages of his deterioration we could rely on the TMZ website to give us the latest outrages to befall the singer. When the final scoop came, I was flabbergasted by the accuracy with which they were able to pinpoint the great events in the lives of celebrities. I then decide to visit their website and found that indeed they were one of the best celebrity scoop websites on the market at the moment. That got me thinking about a possibility for savvy entrepreneurs to make money in this way. If one could help with the administration of such a website then they would be in a very good financial situation.
The market for celebrity gossip is almost endless. Everyone wants to know what is up with Tom Cruise and his family. We watch with wicked delight as Lindsay Lohan goes on the road to jail. Paris Hilton has made it her mission to discuss the most intimate parts of her life in the public domain. Victoria and David Beckham have built a brand of celebrity reputation rather than reality. How much money could be made from such scoops? Well the answer is that it is an absolute struggle.
First of all you need to be prepared to be sued. These celebrities have all the cards and the money to sue you into oblivion. They will not hesitate to go after you if they believe that you are destroying their reputation. In fact they could effectively frustrate you into submission with all their queries on the work that you are doing. Therefore the ordinary entrepreneur will find it incredibly difficult to make it in such a context. They simply do not have the financial backing and legal buffers to withstand the inevitable onslaught from the celebrities.
You then have those websites that end up genuinely getting it wrong but then at the end of the day they pay the price by losing their reputation forever. I would advise people to think carefully before they join the celebrity scoop bandwagon. It looks and sounds attractive but when you open the package, there are plenty of horrors that you will need to be wary of. Moreover it is not really nice to make a living from making other people’s lives miserable. Some of these celebrities are so emotionally fragile that a single piece of bad reporting will send them into a hissy fit.…
Make the Switch From Toxic to Green Cleaning
Your home is a haven to dirt, germs and mould. While there are commercial chemical products that can alleviate them, these are not always the best option where both your health and budget is concerned. Whether your goal is to save money or to switch to more natural products, there are eco cleaners that can do the job as well if not better than commercial, toxic cleaners.
The advantage of using eco cleaners or home remedies is that they usually involve materials that are already found in the home. Homeowners need not buy any additional products to help clean, resulting in large savings each year. Also, it provides a great alternative for those who are concerned about the environment and their health. In recent years, many studies have shown that the use of commercial cleaners contributes to pollution and can be poor for your general health. If you are particularly sensitive, some of the chemicals can have particularly harmful effects.
Marks from crayons and markers on the wall are almost unavoidable for a house with children (I have avid artists in the home). Before you try anything on your walls, try the simple formula of using a hairdryer to melt crayon stains on surfaces and wipe with a wet rag. You can also use water and some elbow grease. If the marks do not come off, use a damp sponge to moisten the affected area and sprinkle some baking soda to clean the marks off. Another option is to use toothpaste to get rid of markers on the walls. Put a little toothpaste on the sponge and apply directly to the spots. Rinse the wall well with warm water after getting rid of the markers. For stains made by permanent markers, use rubbing alcohol.
Gum can sometimes stick to clothing and furniture. They can be very difficult to remove without the proper techniques. There are many stories that indicate that putting peanut butter can help. However, the best method is to use rubbing alcohol. Scrape off as much of the gum as possible and then use the alcohol to help get the rest off.
For the best overall sustainable cleaning product in the home, I use vinegar or lemon. Dilute them with some water and apply as you would any other cleaning product. Aside from their natural disinfecting properties, vinegar and lemon also get rid of unwanted odors such as the lingering smell of fried food.
Baking Soda is another must have. You can use it to unclog your drains. Combined with vinegar it provides an effective way to clear up organic matter trapped in the drain. I also put a small bowl of baking soda in the fridge to keep odors at bay -it keeps it smelling clean and fresh.
For a good all round eco cleaner, mix 1 cup of very hot water, 1 tbsp vinegar and 1 tbsp of borax – throw in a few drops of essential oils such as eucalyptus or lavender. This mixture is great for spraying the kitchen and bathroom before wiping with a cloth.
When it comes to using home remedies, it is important to do a test patch on the small, inconspicuous part of the walls or furniture to make sure that the material or fabric does not react adversely to it. Some of the warning signs that should be watched out for are changes in color or fading.…
Choose A Good Cleaning Product For A Hygienic House
The unfortunate thing about having tenants in your house or flat, is that they usually do not care about your home as much as you would like them to! We’ve had that precise situation with our tenants who moved out a few days ago and we are now left with a grubby, disgusting, grimy house! Understandably we are less than happy with the whole situation, so we will be heading off to the stores to get a suitable cleaning product (we might need a trolley full!) and begin with mission-spring-cleaning over the weekend.
It is important to understand that not all cleaning goods are good quality! If you purchase a substandard cleaning product you will be irritating yourself profoundly, as such items will be unable to take care of the task in question.
The first cleaning product on my checklist is always a good tile cleaner. If a house’s floors are thoroughly clean, I instantly feel at home! In a home with a couple of young children and a dog or two, it is extremely vital that you make sure that you use a proper tile cleaner to remove that stubborn soil and filth. Kids are very naive, if something falls to the ground they will not hesitate to pick it up and continue eating. I sometimes walk around the house wearing socks only (I’m not a shoes or boots fan!) and I get completely aggravated if my socks end up brown after a couple of minutes. You should deep clean the floors occasionally, as to prevent dust and grime from just being mopped or wiped from one part to the next.
Secondly, an “all in one household cleaner” is a must have! This versatile cleaning product type can be used in every area of the home and can normally clean everything from furniture and other working areas to baths, mirrors and basins. Some people prefer to use a bathroom cleaner for their bathrooms, but I find that an all-in-one cleaner is just as efficient, so I guess it’s just personal preference.
When it comes to washing your pots and pans, this is one sector that you must not try to save cash by buying any cheap dish-washing fluid. Have you ever invited family or friends for supper and ended up embarrassed by your dull glasses and dirty plates? This is simply not tolerable! Use a dish-washing liquid strong enough to get rid of even those challenging stains! It is also advised that you use hot to very hot water to clean your dishes. This will not just help with getting rid of nasty oil and other foodstuff, but it also illuminates germs along the way. Many homes are spoilt with automatic dish washers nowadays – the same rule applies here: Make sure that you use proper dishwashing soaps and salts or your dishes will end up dull and streaky.
It is really not a difficult task to keep a home clean and neat. With a number of good cleaning products, a duster and a broom, your home can be clean and fresh day after day!…