What’s actually worth the splurge when you’re opening a coffee shop?
If you’ve spent any time on social media lately, you’ve probably seen the “5 things worth the money” trend. Influencers, creators, and brands list splurge-y purchases and experiences they don’t regret spending on.
That’s a concept that definitely applies to opening a coffee shop.
In our recent article Where to Spend and Where to Save When Opening a Coffee Shop,
Do I need to invest in a coffee business education course if I want to open a coffee shop?
There is no one way to open a coffee business. People do it every day, and they all rely on their own skills, education, background, and network to make it happen.
But, opening a coffee business means juggling finances and budgeting, commercial leases, barista training, coffee equipment, permits, marketing, and more (all at once,
In January 2020, David Hurley had a plan to open his own coffee shop. He even had an investor and a space he liked. That month, he attended Texas Coffee School’s 3-Day Coffee Business Master Class® and left ready to move forward with his business. We all know what happened next. COVID hit, the world shut down, and David set aside his dream of opening a coffee shop.
What do you do when your dream of opening a coffee shop feels far outside the boundaries of your budget? Whether it’s signing a lease, purchasing equipment, or funding a buildout, the startup cost of opening a coffee business can seem overwhelming. Let’s face it: when you’re opening a coffee shop, you want to find opportunities to save money.
The instinct to save makes sense. We’ve met many aspiring owners who are savvy at being frugal,
Wayne Martin coaches martial arts at the gym he co-owns: Red Wolf Martial Arts in Rock Hill, South Carolina. Recently, he and business partner Mike Mendoza added something new. Most Fly Coffee Company is a Filipino-inspired coffee shop next door to the gym. A window connects the two businesses, so Red Wolf patrons (often parents watching their kids’ classes) can order coffee without having to leave the gym.
In this article, we break down how Wayne and Mike are building one community space out of two businesses.