Wednesday, May 13, 2020

Business Plan On Coffee Shops - 1425 Words

Business Plan On Coffee Shops Business Name : Rio Coffee Comapany Name: Well Food Name of the founder: Abdus Salam Problems The coffee shop isn’t truly a restaurant and it isn’t strictly a retail establishment. There are also several real business issues that are somewhat unique to the coffee shop industry as a whole. †¢ Rising supply cost: Profit margins in the coffee industry are relatively hefty ( about 85%, give or take), but the overall profit per cup is small. And making margins is even more difficult as the price of beans goes up. †¢ Unreliable employees: Coffee shops in Bangladesh have maximum number of employees who are impulsive, unruly and sometimes unreliable. The problems are maintenace of customer relationship, low†¦show more content†¦Most commercial espresso machines are built to be connected directly to the plumbing in your building so that they have a constant supply of water, and do not need to be filled manually. Rio Coffee intends to do a high volume business and want years of use out of espresso machine, they will either use distilled water or must invest in a watersoftener to be installed in-line with the water supply to the espresso machine. Competition †¢ Rio Coffee is a new Coffee shop in the town of Chittagong which has become popular because of its food and variety of Coffees’. The competition in this sector is rising day by day as new Coffee chains like Club pro are in the market. But Rio Coffee has competitive edge due o its association with well food which is a brand in Chittagong. Marketing and Sales †¢ Market Analysis Summary: In Bangladesh coffee consumption has shown steady growth, with gourmet coffee having the strongest growth. Rio Coffee will focus its marketing activities on reaching the University students and faculty, people working in offices located close to the coffee bar and on sophisticated teenagers. Our market research shows that these are the customer groups that are most likely to buy gourmet coffee products. Since gourmet coffee consumption is universal across different income categories and mostly depends on the level of higher education, proximity to tution centersShow MoreRelatedCoffee Shop Business Plan8541 Words   |  35 PagesTable of Contents 1. Executive Summary 2. General Company Description 3. Products and services 4. Marketing Plan 1. Market Research 2. Economics 3. Product 4. Customers 5. Competition 6. Table 1: Competitive Analysis 7. Niche 8. Strategy 9. Promotion 10. Pricing 11. Proposed Location 12. Distribution Channels 5. Operational Plan 1. Production 2. Location 3. Legal Environment 4. Personnel 5. Inventory 6. Suppliers 7. Credit PoliciesRead MoreCoffee Shop Business Plan8552 Words   |  35 PagesContents 1. Executive Summary 2. General Company Description 3. Products and services 4. Marketing Plan 1. Market Research 2. Economics 3. Product 4. Customers 5. Competition 6. Table 1: Competitive Analysis 7. Niche 8. Strategy 9. Promotion 10. Pricing 11. Proposed Location 12. Distribution Channels 5. Operational Plan 1. Production 2. Location 3. Legal Environment 4. Personnel 5. Inventory 6. Suppliers 7Read MoreMarketing Plan For Coffee Shop Business Essay1228 Words   |  5 PagesIntroduction Coffee is one of the most popular world’s most popular beverages. Almost every person loves coffee. Americans consume 400 million cups of coffee per day, equivalent to 146 billion cups of coffee per year, making the United States the leading consumer of coffee in the world according to Huffington post. If you are a coffee addicts or coffee lover, most likely you will begin every day with a cup of coffee. It’s not a doubtful guess, given that 68 percent of coffee drinkers have a cupRead MoreMarketing Plan For Coffee Shop Business Essay2015 Words   |  9 Pages Coffee is one of the most popular world’s most popular beverages. Almost every person loves coffee. 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Sponsored Links [pic][pic]    |If you are planning to open a coffee shop, the very first thing you need to do is write a business plan. This is useful in many | |ways: it will allow you time to consider all your options before committing as well as put down on paper your goals

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