Every year, hundreds of coffee shops across the country flourish–but for every successful shop, there’s another that failed within the first year of business. So what makes for a successful coffee shop? We train many successful Coffeepreneurs® every year and have identified several themes behind their shops’ profitability. Read on to learn how innovation, customer service, and profitability can make YOUR coffee shop thrive.
Innovation
At Texas Coffee School, innovation and entrepreneurship go hand in hand.
As in-person dining and socializing slowly re-enter our everyday life this year, opportunities abound for Coffeepreneurs® like you to grow your coffee business. Try these impactful ways to increase revenue and expand your business in 2021 and 2022!
1. Commit to Quality and Consistency
When the hardworking customer rushes into your door for their morning coffee to-go, the mom of three swings by for an afternoon pick-me-up, or the college student settles in to a table for coffee and snacks while they study,
Aspiring entrepreneurs from all over the world come to our classes with a dream of opening a successful coffee shop. Often, they’ve funneled creative energy into envisioning the concept, the space, the menu, and the name. Now, there’s one major hurdle that seems to be the source of all their questions: money. What are some of the most common questions we hear about coffee shop finances?
Meet Shannon Neffendorf, co-founder of Oak Cliff Coffee, father of four, coffee origin aficionado, and friend of Texas Coffee School. His love for coffee culture was birthed in Milan, where he observed crowds of people laughing at coffee bars and a refreshing absence of laptops. In 2006, Shannon began roasting green coffee beans on a stove top whirly pop. By 2008, he and his new wife, Jenni, were roasting beans on a gas grill and selling coffee to the neighbors.
Entrepreneur Tips from Texas Coffee School Founder, Tom Vincent
In a recent blog post, we interviewed Texas Coffee School founder Tom Vincent. More than 11 years into his own journey as an entrepreneur, he’s helped hundreds and hundreds of coffee shop owners launch their own businesses. We wanted to learn more about his best advice and entrepreneur tips for aspiring coffee shop owners.
Read Top Entrepreneur Tips for Coffee Shop Owners (Part 1) here.