Cafe Profit: This is what successful coffee shop owners do differently
Вставка
- Опубліковано 22 тра 2024
- Can you make good money running a coffee shop? If you ask around, some will tell you it’s not even worth it…and there’s others who’ll say it’s a licence to print money. Today i'll take you through the numbers, and show you 5 ways to improve profit in a cafe or coffee shop business.
Sections:
0:00 How profitable are coffee shop businesses?
1:03 Know your numbers
2:48 Start by growing sales
4:17 Improve efficiency
5:32 Change the product mix
7:46 Increase capacity
You're a gem waiting to be discovered. Your content is concise and helpful and it's helping me in my venture! Great job and I hope you keep going.
I'm delighted that you've made the choice to continue with your uploads. Thank you for generously sharing this wealth of knowledge with all of us!
This was exactly what i needed to hear, Its so easy to over-complicate things and not concentrate on the core of your business. Thank you!
Another phenomenal video! Really good insights, looking forward for more from you!
I needed to hear this. Thank you for sharing. You are great, clear, speak well, as well as, are calm, composed and explain well
Thank you so much for your valuable information. I will be opening my coffee shop in a few months and your channel is really providing me with lots of great advice. Hope to hear the details of what makes a cafe profitable from you soon!
Amazing content! Thank you! Definitely a huge vacuum for this type of content! These videos and this channel will be huge! All the best!
Lifesaver. Everything you said is clear and gives me hope. Thank you.
Incredible quality of information and production - please do the world a favor and continue!
This is so good, appreciate the advice.
Great clip bro!! 👏
Great content keep it up
In summary,
Be consistent e.g. opening times, staffing levels
Good coffee
Good food
Good service
Good atmosphere
Offer discount during quiet times
Shorten menu e.g. remove unprofitable items
We are thinking of removing salads, chips and rice from most dishes and offering them as sides. This should reduce food waste but also make the menu look less expensive at a glance.
Thanks for your video! Could I please just ask, what was it that you did to start understanding the financial aspects of running a business? Do you have any sort of business degree? I'm really trying to understand this side of business.
High cost of coffee machine
Customers traffic is only from morning till tea break at best. You don't get anymore good traffic after 3pm.
Know your numbers and evade taxes
$700,000 Turnover and you only net $15,000? Doesn't make any sense.
Truly is as basic as it gets. If this video had something to teach you about operating any business, you have a very long winding road ahead of you.
Probably, but that’s why the video is great. It bridges the gap between coffee and shop, subtly advising to research finance instead of roast times and might just save people from expensive mistakes. The target group would not be saved by a 60m Business Basics course, because they wouldn’t watch it in the first place.
The channel name is literally coffee business BASICS