Starting a Coffee Shop Business: Part One (Planning)
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- เผยแพร่เมื่อ 19 มิ.ย. 2024
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WATCH PART 2:
Starting a Coffee Shop Business: Part Two (Developing) - • Starting a Coffee Shop...
What is an LLC and why is it so useful? LLC stands for Limited Liability Company, it is one of the most popular business structures and helps with Personal Asset Protection.
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1:09 - Main Features of an LLC
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3:02 - How LLCs are taxed
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5:11 - Using a professional LLC formation service
6:34 - Conclusion
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Check out our free, written guide to Planning a Coffee Business that dives into the details of planning a coffee business: howtostartanllc.com/coffee/planning-your-coffee-business
To get all of the other Starting a Coffee Shop Business guides on Developing, Opening, Running, growing and other coffee-specific articles, visit: howtostartanllc.com/coffee
im 18 now & targeting to open my own cafe / coffee house at 21 or 22. pray for me 🙏🏻
Same 😊‼️
Good luck!
Same(´∀｀)♡
Goodluck ! Free to update here how’s your cafe doing 💕
Same
I love coffee so much that's why I want to have my own coffee shop in the future. In shaa Allah 🤲🏻
Inshallah
Amiinn
@@armingotdrip9084 people who love coffee make the best cups 💕
In sha Allah
Me too. May Allah fulfill our dreams sister. In Shaa Allah 🙏🏾
Been a chef for almost 16 years now.. I’ve worked hard in my field, and am now a private yacht chef.. All my life, I thought I wanted a restaurant or food truck, but recently I had an epiphany that a coffee shop/comedy house would be a perfect business for me. My true passions. I’m thinking of doing some pop-up dinners/lunches as well so I can incorporate my craft that I’ve honed. I’m gonna’ start putting all of my energy into this. I’ll update you all once my dream comes true :)
That sounds like an amazing idea! Definitely keep us posted and thanks for watching. Let us know if you need help finding any resources you need to get this dream off the ground!!
I'm 19 and I am certain I am gonna be having my cafe but i still don't know when. My dream is just my capital for now. No money, no full skills but yeah I know I'm still gonna do it. 😌🤗💪💪
Same here my dream to start one. I wish u good luck. U will Definitely start one.
Same here^^
Coffee is easy, you find a niche, you market it as the best, you sell the coffee paired with a pastry or a bread. Easy no need for expensive equipment.
My cafés gon have Lofi music playing
I can't believe I watched the whole thing, surprisingly good little series. Thanks TH-cam lol
Haha, glad you enjoyed!
I’m a young guy from the UK, recently I’ve just gotten my first job in business admin, but I’m thinking about starting a small business later down the line. I’m looking into the coffee industry because I’ve always thought that if I ever started a business, I’d want it to be a people oriented business. So my coffee shop would be somewhere people could come to relax, get a great cup of coffee and a light snack and just chill in a calm, inviting atmosphere.
That's awesome! It's always exciting to hear from new entrepreneurs, and it sounds like your coffee shop would be a great service for your community!
If you need help getting started, check out our free, written guide to Planning a Coffee Business that dives into the details of planning a coffee business: howtostartanllc.com/coffee/planning-your-coffee-business?ref=ytcoffeept1
Just financially invested into my dream of a cafe owner by going to school and becoming a nail tech. Hoping for a shop before 2025 😊
I woke up at 4am thinking about coffee. I first went to the bathroom, then put the Moka pot on the gas stove and then step 1 to fulfilling my dream of opening a coffee gallery is watching this insightful video. I didn't know how or where to start but this has given me an idea and guidelines. Thank you for sharing
Im 14 and im researching a lot and planning what ideal cafe i would really want and im planning to start a cafe at 16 wish me luck!!
Good luck!!
you have so much time omg !!! i love the young entrepreneur in you but if you don't reach that goal you're still only gonna be... 16. prayers your way you got it
same here i have been planning on making my own coffe shop and i am 14 years old
Oh darling give it time you’ll get there I believe in you! 💕
I'm 14as well. My uncle wants to open one after the pandemic and I will work there. His coffee is literally the best I've ever tasted and I have no doubt it'll be great!
It’s my dream to open up a coffee shop with one of my best friends, working towards that goal, wish me luck
Good luck! 🙌 🌟
Before the pandemic I was focused on having my own coffee shop but now with everything being drive thru or curbside, I’m now focused on smaller scale like a mobile coffee cart.
A great quality for any entrepreneur is being able to adapt in a changing business environment!
If you need some help starting your mobile coffee cart business, check out our guide: howtostartanllc.com/business-ideas/coffee-cart?ref=ytcoffeept1
😂 he had me at “you have to be a perfectionist but also half ass everything” ❤😂😂😂😂😂😂
It really is my dream to open a coffee shop someday...My mother doesn't believe in it haha but I know it's possible if I work really hard. Thank you for this series :)
Hello Ti ti!
Glad you enjoyed the video and it rekindled your dream! It is good to have an understanding of how to reach your goals. To get a start on the process and cost of starting your own shop, check out our written guide: howtostartanllc.com/coffee/planning-your-coffee-business?ref=ytcspcc
Good luck and thanks for the comment!
Hola! Soy de Colombia y he planeado montar un café junto a mi novia desde hace años, hoy más que nunca siento que estamos cerca de lograrlo y quería tener una guía, casos reales e inspiradores... Todo esto y más lo encontré en esta miniserie implacablemente hecha. Felicitaciones y gracias por compartir.
Nos alegra que haya disfrutado el video y que haya sido inspirador. ¡Buena suerte en el negocio de tus sueños!
I'm trying to think of what to do and where to approach this whole thing from a college point stance. I'm currently half way through my Sophomore year in Highschool, and I'm thinking about working towards running my own Café and selling drinks outside of coffee itself. I'm really interested in this, and I've found that I have a lot of passion towards it, so I figured why not do a little bit of research and see what I'm getting myself into. Thank you for this series, I'm going to be binging it and taking some mental notes. ^^
So glad you're liking the series! It's one of our favorites too :) Best of luck with your goals, floofiedreams, and check out our other resources while you keep learning! For example, here are 20 business resources for young entrepreneurs you should check out: howtostartanllc.com/young-entrepreneur-resources?ref=cc
I want a coffee shop soooo bad
Cynthia Whitney you can do it I believe it. I want a tea shop.
Just be creative they will buy.
Same if I win some money me and you can be business partners 😊
@@icedcoffee6461 deal
Peace… Shalom… Salam... Namaste and Thank You Everybody for All that you are doing for our Mother Earth 🙏🏻 😊 🌈 ✌ 🌷 ☮️❤️
I really enjoyed this. Thank you!
loved it. was looking for this video ..Good work, Greetings.
Marcus passed away in 2021, shortly after this video being released. I didn't expect to see him in this video! He was a great guy and I loved hanging out at that coffee shop when I was there.
Wow that’s so sad! Rest in peace Marcus and thank you for the amazing advice
It’s my one hobby that stuck around for so long.
I hope i can open my own coffee shop too. But what is the coffee shops are all over the country how will you stand out!
Very nice series appreciate it.
in Indonesia, to be precise in Java, there are a lot of robusta and arabica coffees which have extraordinary quality. but roasting processing is lacking, but there is one identical with coffee in Java. can't beat the existence of this coffee. Even America and the Netherlands have recognized the enjoyment of coffee in Java since the 90s. history here has been formed before programming and things leading to advanced technology.
lacking human resources, but extraordinary natural wealth!
Silly interview. "It's an odd skillet to be successful in the coffee business...." You need: "Capital, passion, be willing to learn, ok with the unknown, be a perfectionist, be a social person, be a people person, multitask....
ahhhhhhh, those are qualities EVER business owner needs for every business!!! lmao
True that lol
How about "This is not a business you should go into if you want to make money" WTH.... the peace corps of business... These owners are a bit high on themselves.
coffee business can grow much faster than before. If you start this business now, you can suffer at the beginning, but you can make it later.... start now
Great video. Thank you.
Valuable information.
Thank you
thank you!!!
so much important information thank you !!
Glad it was helpful!
I’m 23 about to be 24, I’m a Military Vet, I want to be able to one day open up a Veteran’s owned coffee shop! I do t know what I’m doing but I’m working on a plan to succeed!!
That's awesome and thank you for your service!
If you need any additional help in starting your coffee business, you can use our written guides: howtostartanllc.com/coffee?ref=ytcoffeept1
Great video - well done & super informative.
I am opening one coffee shop with my friend in greece. Because of language barrier, my friend does most of the work. Can somebody give me a tips what to watch out?
thanks
I'm 18 and ever since I was a kid, I really wanted to open a coffee shop then I let that slipped away because of doubt, but now that I'm adulting, really making decisions, I want to open a coffee shop. Pray for me. Send more tips as well. Thank you guys! 🤍🥺
We are happy to spark that entrepreneurial flame again! It is never too late to start your business.
Use our free written guide once you are ready to start: howtostartanllc.com/coffee/planning-your-coffee-business?ref=ytcoffeept1cc
But more importantly, start networking with local coffee shop owners to get insights on the business. A quick conversation will save you hours of googling.
Let us know if you need more help and good luck!
I'm planning to start a coffee shop near the beach. However, I need a business plan. I wish to know if you have a sample for this.
That sounds like a great shop! We do have a free Business Plan generator on our site. Here's the link:
howtostartanllc.com/business-center/business-plan?ref=commentreply
You can also find it by going to TRUiC.com, where we list all our free business tools.
Don't forget: it's a great idea to talk to local coffee shop owners (retired or active) to learn unique aspects about your local clientele, or find opportunities to collaborate. Coffee and community go hand-in-hand!
between a restaurant business and coffee shop business which one is more profitable?
Im 15 (yes i know young and ambitious) but for sometime now coffee has brought me peace. its something i could always rely on and be confident is their for me. I love baking and im in school for it right now. Its something i want a career in and something i want to have in my future. I do hope to own a cafe when im at least 25. Wish me the best of luck !!! il wish you the best of luck too!!!
very good planning
I'm looking into possibly starting a little coffee stand in my roommate's call center job's break room. I'm not sure how that works, I'm far more familiar with starting a normal business. Any advice would be appreciated
Sounds like a good idea! Naturally, you would need to get permission from the call center. The coffee stand could be a mobile one, a cart perhaps.
If you have more specific questions, please let us know!
@@HowtostartanllcOfficial I suppose my question is, how do you start up a business, specifically a coffee shop, inside a preexisting business that's not already set up for renting space to other businesses (i.e. a mall)?
I've started a cosmetology business renting a room in a salon, but that was already set up to have a renter. I've emailed the appropriate person at the call center, my roommate pitched the idea to him and he seemed intrigued and asked me to email him my pitch, so hopefully we can figure it out, I was just wondering if you or anyone else had any experience setting up a business in a non traditional location. I would not be doing a mobile food cart, it would be a more permanent set up. It wouldn't make sense in this case to have a mobile cart. Also, I'm kinda basing the whole idea on a coffee shop in the break room of the call center both he and I worked at in a different state
Generally speaking, there is no law prohibiting you from registering more than one business entity in the same address. If your business will be similar to the coffee shop in the call center where you once worked, then perhaps by chatting with that call center management or the person who runs the coffee shop you may get more information.
It is also not extraordinary to have a coffee shop in the break room of a call center, although it may be unusual. But being unusual could be the advantage that makes your venture a success.
After the NYC subway opened, the Gimbel Brothers pitched the operators the unusual idea of opening a department store in the subway, realizing, no doubt, they would have a captive audience. The operators agreed and Gimbels, at one time the largest department store chain in the world, opened their Subway Store in 1910.
Big thank you!
You're so welcome! Let us know if you need anything else :)
How much do you need ?
WOWOWOW
I am currently ten, I want to open a coffee shop at 16 or 17, I want to open an LGBT friendly space that is also kid friendly. I am doing a lot of research right now and I hope I can do it
Awesome, good luck! Thank you for the comment!
I love this! As a true Christian who loves everyone no matter what, I want every business I start to make people feel welcomed🙏🏾❤️
Aww, it's nice to see kids actually having dreams. Most kids I met only care about getting boyfriends and girlfriends. Goodluck kiddo, your dreams will come true!
When i was your age i didnt even think of coffee or knew what a LGBT was... good for you lad
Something says grooming to me
I want to start one and I'm 12
I’m trying to start my own coffee business in Atanta
Awesome Roxsand! Our detailed guide on starting a coffee business can help you get started: howtostartanllc.com/coffee?ref=ytcoffeept1cc
For a guide on forming your LLC in Georgia go here:
howtostartanllc.com/georgia-llc?ref=ytcoffeept1cc
Good luck and let us know how we can further help!
Hey, am 21 now & building to open coffeeshop with teams in this half of year. pray for me too 🙏🏻
Awesome! Good luck! Follow our free guide on starting a coffee business to start planning ahead: howtostartanllc.com/coffee/opening-a-coffee-business?ref=ytcoffeept1c
@@HowtostartanllcOfficial thank u👍😭
How much does a coffee shop earn on average?
very good video!
Thank you very much!
I'm helping a community activist start a coffee business that will become a coffee house for the community. I have a relative that works for a coffee factory and I'm able to get large amounts of coffee free. I have a buddy with an Incubator who needs me to teach art to their clients. It will be a work for space and time lease transaction. $150/day which I will split with her to make it $75 each way. I sell ebikes and escooters for disabled children and veterans. She will sell packaged coffee and fresh coffee with t-shirts that she sells to raise money for her community outreach for children.
What a wonderful way to help people directly and to support the community as a whole. Best of luck !
I will Secede my coffee business
Picture coffee Bussiness bendiciones...
I would LOVE to see a reality show where these people go 2 weeks without drinking coffee. I have a headache just watching it. I loved coffee but my body overdid it- I go through horrible withdrawals to the point where I can’t stop drinking it. I had to quit :(
I want my coffee shop hope so my dream comes true ❤️
You can do it! Let us know if you have any questions--we'll be here!
How much does a coffee shop earn?
A coffee shop's net profits are directly tied to how many cups of coffee and pastries a shop sells. A shop that is in a higher-traffic area and sells more coffee will usually have higher profits than one with little traffic.
To learn more about starting a Coffee Shop business, check out our detailed guide: howtostartanllc.com/coffee?ref=ytcoffeept1
@@HowtostartanllcOfficial Thanks
Expresso?
Why Michigan?, I've met a few is this people in the video.
These are all companies and people who our staff whole-heartedly recomended, and who we watched build up their communities over time. We wanted to especially focus on people who we know are great examples in such a competitive industry!
Juan gabriel
Omy god ❤❤
I also want to have a coffee shop but it is street style. I want it to be real//
What do you mean by "Real" and "Street Style"? Any examples of coffee shops you know that are like this? Thanks for the comment!
@@HowtostartanllcOfficial i mean it likes a truck coffee and "real" mean I really want to make it happened.
But I love the video, I will watch it few more times to fully get it
1:25 So funny
I'm a tea person
Mostly
*Sips oolong tea*
I want to make mini coffe shop at mini trailer
That sounds like a great idea!
If you would like some help, check our guide on how to start a mobile coffee cart: howtostartanllc.com/business-ideas/coffee-cart?ref=ytcoffeept1
Jess @ 4:30
A socialists tries to run a business. “You wont make a profit” lol hear that Starbucks?
What I won’t make that much money??!!!
Don't like her comment for the most part as well. She said there isn't big profit margin? I think she represents chain coffee shops...I do agree the profit will be the byproduct of making it as social/community hangout place. Good luck if you're trying to open one and be brave!!
Hola somos productoras mujeres de café de Colombia. Podria ayudarnos a las productoras con un video para que podamos entregar directamente café a coffee shops. Nuestro café es de alra calidad superior a 84 punros. Nuestro café se produce bajo arboles cuidando las aguas y el.medio ambiente. Los grandes tostadores pagan muy poco y necesitamos empezar hacerlo directamente para que todos ganemos en la cadena del café.
I wasn't hired in coffee cafes.
I who'd love to start my own coffee business however I'm a baby soo ya
I wish these people went in depth with cost. Very vague answers.
I'm looking for a coffee business partner here in the Philippine.
What's your location?
Is it profitable there?
"can cost you up to $20,000, at least" well is it a maximum of 20 or a minimum of 20? up to and at least cant be in the same sentence lol
Thanks for the question Avi! It is typically a minimum of $20,000, but can easily cost more.
😂😂
4:59 who is this person? I feel like they are not giving genuine advice for fear of a competition. The coffee industry is a $42 billion industry people make shit ton of money off of this industry and if you really look into it coffee has super high price margins
i was looking for this comment!! She made it seem like there is no profit. Share a bit more please? thank you
Is no MONEY :""""""(
So this isn’t a money making business? Wow
"not alot of profit in coffee products".........um. Please coffee is a business, we are here to make money not fantasize about coffee lol
I'm pretty sure they meant in comparison to other business ventures. Coffee is only getting more expensive to maintain. If your aim is specialty coffee with properly trained baristas that is.. If it's not then your main income would probably be beer n shit. Like how hard is it to tap a beer or open a bottle for some idiot.. Coffee is not like that..
GB b
"it's not a market you going into if you want to make money..." then why the fuck do it??? sure its fun, but I hate comments like this, man. I want to be able to make a living off it, not just barely scrap by....
The hell do you mean you don’t get into coffee to try and make money. It’s a damn business and if your not making money on it you suck at where your either buying it from or making it
Briana's house was blinding me it was toi bright and too pink also to girly. The house was really small and I personally don't like small house's because then you can't be greative because the house is too small and then you can't get a lot of decoration in the house.
So you can’t make money in coffee?
Starting a coffee shop isn't the quickest way to make money off the bat. But making a coffee brand is a great business to start if you have a passion for coffee and an ideal stepping stone before opening your cafe. This will help you grow your knowledge of the business and raise capital for maintaining your cafe if you choose to open one.
Check out Mamaleelu who is doing just this:
instagram.com/mamaleelu/?hl=en
If you want to successfully start your coffee business, or ready to open up a cafe, use our free guides to get it off the ground: howtostartanllc.com/coffee/planning-your-coffee-business?ref=ytcoffeept1c
yeah what a dumb comment by that girl
This was so bad hahahaha. These Californians all seem a little bit wacky. Must be something in the air out there.
All these companies are in Michigan :)
Truth hurts
Only thing I got from this video was negativity. Horrible interview
You don't get into the coffee business too make money?
You do it to make friends and feel good about yourself. Lol
Why the hell would I listen someone making a how to start a business video when they don't even understand how to make a profit
This is the most horrible introduction, telling you are not going to make it and you are not going to get money 😢
Thanks for sharing.
As all these owners attest, this is a tough business - the margins are hard, there's a lot of competition, and while a lot of coffee shops start up (it's a lot of people's dream, for good reason! it's romantic! and 3rd spaces are important for society), a LOT of coffee shops also close down because they're not prepared for all the risks.
Of the 5 coffee shops featured in this video from 2019, 2 remain. They were the two largest shops.
We believe that if you're committed and prepared, you're much more likely to succeed. And that's our goal - to help people start successful businesses.
I DONT BELIEVE NOTHING !!
0 help from that 🌈 for saying it isn't a profitable business