Post a new topic
    3 Replies Latest reply on Jan 12, 2009 2:38 PM by My_Lan

    Opening a small business

    GREEKPRINCESS Newbie
      I am interested in opening a small coffee shop. Does anyone have experience in doing this? Is this even the right time to try to start a business with the economy the way it is?
        • Re: Opening a small business
          BrassJmes Adventurer
          Is this the right time to open a business? depends on the business.
          Is this the right time to open a small coffee shop? depends as well. Hows the local market? where will you be located? What is the competition? Are you thinking of a special concept?
          With the economy the way it is, I think you'll find rent alot easier.. and I think people would still come to coffee shops (They do here), since it's not a big expense.
          What I think is, you should make your place unique.. in style or service or products. Gain a costumers base.. regular people coming in could really keep you going in the hard times (especially if they're kind hearted), if you have a special style to the look of the place, if you provide a very friendly service or make the people feel very welcomed (and no just in line to buy coffee) I think you would succeed.
          People like coming back to places they feel welcomed in. Alot of people out there have their loneliness surge from once in a while, and will look for places like this. Then it's your chance to 'hook' them

          I really believe that this kind of approach to a coffee shop is your best move. and there won't be a better time than now :-)

          G'luck to you

          Jmes
          http://www.lookuppage.com/users/jamesbrass
          brassjmes@gmail.com
          • Re: Opening a small business
            AdQuest Newbie

            The comments from BrassJmes are truly worth considering. Conventional wisdom would say that now is a great time to start a small business. You might want to check out a forum on the WSJ http://forums.wsj.com/viewtopic.php?t=3589. About 2/3 of those responding to the survey think positively about starting a business at this time.

            Best wishes,

            Paul
            www.adquestinc.com
            • Re: Opening a small business
              My_Lan Adventurer
              Do you want to own the coffee shop outright?

              What you could do is purchase a franchise such as Java City or Starbucks. They will giving you training and you already have the brand name and reputation. But I would look into the area for other coffee shops if there are any and how are they doing.