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Which Coffee Franchises Are Right For You?

May 20, 2008
As American as apple pie, coffee has been and continues to be the preferred drink of many generations. Coffee houses are everywhere and that doesn't seem to hurt the business because of the demand of coffee.

Today, unlike years ago, coffee comes in different flavors which make drinking it even more appealing. You can pick which coffee flavor you are in the mood for based on how you feel or whether you are eating or not. Maybe you have a special selection just for your morning coffee, one in the afternoon, and one before you go to bed or while you are relaxing after dinner.

You may even have a special blend to serve when company comes over. Although coffee franchises are popping up everywhere, people just cannot get enough coffee. If you have been thinking about jumping into the coffee business maybe now is the best time to get on board.

Starting any type of franchise takes a lot of planning and careful consideration and in some cases you may not be able to justify the expense of a shop but coffee shops can almost always be justified due to the demand. For example, one coffee shop on block A might offer the same coffee as block B but the coffee tastes different. The different tastes could be due to a different coffee company used, different filters or just a different machine used to brew the coffee to begin with.

The great thing about coffee franchises is the fact that you have such a variety to offer your customers. Every flavor can increase your business even more.

- The first step in considering a coffee franchise is a plan. Your plan should include a complete list of expenses that you will face before you open, after you open and to keep it running.

- Capital. You need to know how much start up you have and how much your initial investment will cost. You also need to figure up your franchise fees, stock, rental, and more.

- Research. Find out how a coffee business in your area will go. Will it be in demand or is there enough coffee being offered in the area? You may have already heard, "Location! Location! Location!" This means everything. If you don't have the right location you may not be able to get past the first step.

- Decide on a Suitable Franchise. There are several coffee franchises to choose from and each one offers something different. Do your research and see which one is right for you.

Coffee franchises can pop up every day so you need to make your coffee shop personal and unique. Don't rush into anything too soon. You can always plan and plan some more. You want to do this right the first time so make sure that you account for all expenses. As a general rule, it is best to overestimate operational costs than to underestimate them.

You may also want to talk to other coffee shop owners to find out how they feel about their coffee shop and to see if there is anything different they would recommend.
About the Author
Stewart Baker is a writer for JavaBeanReview.com They offer up-to-date information for the most well-known coffee franchises. Compare each franchise offering and request more information on franchises such as Starbucks franchise and Its a Grind.
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