read the following opinion blogged by a famous food critic : Cafe business are about good food. spending money on interior decoration and ambience is a waste of funds : Analyse the given argumentative and write a paragraph of about 100 - 120 words. you could think about what alternative explanationmight weaken the given conclusion and include rationale / evidence that could strengthen or counter the argument given.
Answers
Explanation:
At its core, a cafe or coffee shop business plan is a document that explains what your business idea is and how it will succeed. It answers questions like how much it costs to set up shop, how those costs will be funded, and how much money you expect to make from your cafe. The plan includes information about your competitors, target market, and pricing structure.
When it’s finished, your business plan can be shown to potential investors, bankers, partners, and anybody else who will help you open your cafe. As you can probably tell, it’s an extremely important document, so it’s worth your time and effort to get it right. First, you’ll learn about all the different pieces of information that will go into your business plan, and then we’ll help you pull the pieces together.
SEE ALSO: How to Start a Small Business 101: What is a Business Plan?
Start With Your Vision
A business plan is the first step in making your cafe-ownership dream a reality, so take time to dream by laying out your vision for your future cafe or coffee shop. What will your cafe look like? How will it be decorated? Where will it be located? Which items will you sell? Who will frequent it? How will your customers navigate your cafe, from the moment they walk through the door to the moment they swipe their credit card to check out?
Pull inspiration from cafes you love, images you’ve seen, your favorite films or books, even your travels. Then write it all down or post pictures on a wall to create an inspirational mood board. As you spend hours working on your business plan, it will be incredibly motivating to glance up at your initial vision and be reminded of the finish line.
Study Other Business Plans
Before you pen your masterpiece, look at business plan examples from your industry: cafes, coffee shops, and quick-serve restaurants. Study how they planned their business and make sure that your cafe is on the right track.
Real-world examples from small business owners are also invaluable. Seek out current or former coffee shop owners or even franchise owners in your town and ask them how they succeeded and what they would have done differently. While you’re at it, you can seek recommendations for, say, an accountant who can help you write your business plan. Even if local business owners are your future competition, they will probably be happy to share their experiences.
Answer:
Explanation:
At its core, a cafe or coffee shop business plan is a document that explains what your business idea is and how it will succeed. It answers questions like how much it costs to set up shop, how those costs will be funded, and how much money you expect to make from your cafe. The plan includes information about your competitors, target market, and pricing structure.
When it’s finished, your business plan can be shown to potential investors, bankers, partners, and anybody else who will help you open your cafe. As you can probably tell, it’s an extremely important document, so it’s worth your time and effort to get it right. First, you’ll learn about all the different pieces of information that will go into your business plan, and then we’ll help you pull the pieces together.