If you are planning to open a coffee shop business then, the basic and foremost thing is to prepare a realistic and detailed business plan. It will be beneficial in number of ways: It helps you to accomplish your desired goals and objectives, to make important decision easily and effectively in no time and to attract potential investors and lenders.

It is necessary that your coffee shop business plan attract investors and lenders. This should tell them about your goals and objectives, how you will be able to achieve to desired goals and objectives, management plan, marketing plan, financial plan, etc in brief.

Below is sample business plan for a coffee shop:

Taste blender

Business Plan for the Period

Starting January 2008

Business Overview

Business history: Taste blender is a new coffee shop, located in Old Town. We provide you best coffee, tea, cappuccino and frozen cappuccino. Currently there is no other coffee shop in this area. Our target audiences are students, friends, artists and families of all ages.

Vision and Mission Statement: Taste blender is the first coffee shop in Old town. Our mission is to serve best product at very reasonable price with pleasant atmosphere, which can be afforded by everyone easily.

Objectives: Our primary objectives over the next year are:

• Introduce homemade cookies, brownies and cakes.
• Renovate our space in Old Town.
• Offer free delivery service in schools, office, home.
• Create cozy and friendly environment.

Ownership: Taste Blender is a general partnership between Tessa and Michaela Mason.

Location: Taste Blender is located in Old Town, New York.

Products and Services: Description of Products and Services:

• Taste Blender will offer high quality coffee, tea, cappuccino and frozen cappuccino at a very reasonable price. All drinks are made with high quality ingredients
• Our next plan is to introduce homemade cookies, brownies and cakes.

Industry Overview

Market Research: There is no other coffee shop in Old Town.

Size of the Industry: Coffee shop industry is nationally very big, but in Old Town the nearest one is more than 6 or 7 miles away.

Industry Outlook: We can say that, our coffee has uniqueness, which will lead our business towards success and with the new innovations we will make changes in our ingredients and introduce new recipes.

Marketing Strategy

Target Markets: Our target audiences are students, friends, artists and families of all ages, who want to relax at nice, quiet and cozy place.

Description of Key Competitors: Our biggest competitor is “The perfect cup” with a “Tea room”.

Analysis of Competitive Position: Our friendly environment and low pricing strategy will be the key to our success.

Pricing Strategy:

• We will offer four sizes of drinks, small $2.00, medium $2.50 and large $3.00.
• Our cookies and brownies will sell for $1.50 each.

Promotion Strategy: We intend to advertise on Internet, television and newspaper.

Management and Staffing

Management Team: Tessa and Michaela will share their responsibilities equally.

Staffing: We will hire about three or four waiters.

Labor Market Issues: We will hire high school students who are looking for part time or full time job. In this area there are number of high school students looking for work.

Implementation Plan: Implementation Activities and Dates:

• Begin building renovation 12/08
• Complete renovation 2/15/08
• Begin preliminary advertising 2/15/08
• Purchase and setup equipment 2/15/08
• Open for business 3/1/08

Financial Plan: Your financial plan will begin with balance sheet, then your income statement and in last is your cash flow statement.

Conclusions: After making your coffee shop business plan the last part is conclusion. Conclude your entire coffee shop business plan, read and proofread your business plan in order to get error free draft.

Putting together a coffee shop business plan is just one of the many challenges facing any one who wants to start a coffee shop and is in need of funding, so what form and structure is best?

While there are plans available you can download, they will cost money that can be better spent elsewhere and they almost certainly not be tailored to the niche area or locality you are interested in.

Your opening statement is a vitaly important part of any document you put together. It’s a bit like hearing a new song on the radio. If you like the first bit, the chances are that your potential investors will hang around for the meat of your coffee shop business plan. The statement should cover your idea, management plans, profit projection and so on.

If your ideas are clear, then the next part, your mission statement – should be easier. Will you only serve coffee, what foods will you serve..and what objectives can you set yourself? Do you want to be the number one shop in a specific area? A mission statement will help you be precise your goals and ideas and it’s a great way to impress potential investors with your ambition.

The financial plan will include your projections on costs and revenue. Don’t forget that you might be able to get local grants and subsidies to encourage new business. You should also have details in mind for every 3 months of your first year, and a five-year plan. Again, this will help you focus on your ideas, structure and how you will make your shop profitable in the long term.

Writing a coffee shop business plan along these lines will help focus your mind and give you some clues already as to if your start up might be a success.

For a more detailed hints on your coffee shop business plan follow the links for advice plus insider secrets and contacts on how to start up a coffee shop

Many people love to indulge in the occasional cup of coffee because of its taste or aroma. That is why there are many coffee shops around every corner that have been operating for many years. It is no easy task though to maintain and operate a successful business. You have to input a lot of time and effort. It is therefore necessary as with any other business to have a realistic and detailed business plan.

This will help you attract capital that you may need to buy stock or pay rent. You should have an opening statement that is captivating and clearly projects what your business is all about. This should talk about your idea, management plans etc in brief. A mission statement that reflects your objectives and goals will be the next thing you have to put in place. This shows where you want your business to be in a few years and shows your level of ambition.

The location of the business and what you intend to serve should be included. In addition, you should also state how you intend to hire and retain qualified employees. This is a sensitive and sometimes problematic part of the business that needs to be addressed in the business plan. You will have to come up with a way of solving these problems and you should also include a contingency plan.

The strategy that you intend to use in order to keep the costs of basic supplies like coffee beans, sugar, cups etc under control. Even if you are going to get the best rates available, you should not compromise on your quality. A section detailing the level of your competition in the market is important. In addition you need to show the uniqueness of your business which will help draw customers. When you have a coffee shop business plan, you will be able to cover all the aspects of your business that you may have forgotten.

If you fail to plan, you plan to fail. Simple, short and to the point.

People ask quite often of the importance of a business plan when starting a coffee shop. My response is always a statistic: Most businesses fail within the first year due to lack of planning. If you don’t have anything to plan your course by, how can you move forward? Any business vision is blurry without a written plan.

Your plan takes time to write now, but it’s designed to help you avoid costly mistakes later. The true value of creating a business plan for your endeavor is not the finished product, but in the process of writing it.

Experience has taught me that while planning to open a coffee shop, templates and generic plans will not help you much except for the typical form the plan should follow so be very careful. You need to make yours unique, and as coffee shop friendly and specific as possible.

When I wrote my original business plan I read and studied quite a few versions of them on the internet, and picked out sections I liked best. I rewrote it until I was satisfied and then gave it to my banker. He said it was the best business plan he had ever seen. So I put the plan to use and opened my coffee shop, and made lots of mistakes!

My banker loved it but he was not a small business person, nor anyone that was familiar with coffee shop operations. Had I wrote the plan realistically and pertaining specifically to a coffee shop I’d have avoided a bad location, incorrect demographics, lack of capital, and a lot of other mistakes.

You have to be realistic with your prospective numbers and in many ways you have to get creative, especially with marketing. The specialty coffee business is unlike a lot of other food service businesses because of its nature. Writing your coffee shop business plan will force you to think about your business in a way that you will always have to think about it: it’s unique.

And just because you open your shop and may be open for a year doesn’t mean you can put the plan away. You should always be tweaking it. Trust me you will always be a business person and thinking about what you can do different and new. Things change, markets change and trends change so your business has to change as well to adapt. Otherwise, you will be closed before you know it.

It bears repeating: If you fail to plan, you plan to fail. It’s as simple as that! Be sure you have a specific business plan when starting a coffee shop. Your plan won’t be worth beans otherwise!