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5 Tips for Beginning a Successful Coffee Franchise

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									5 Tips for Beginning a Successful Coffee Franchise

Chances are quite good that if you are beginning a coffee franchise that
you have visions of successful endings and massive expansion swimming
around in your dreams at night. These are good dreams to have but do not
allow them to occupy your thoughts and dreams at the expense of the work
at hand to grow your current coffee franchise business to the point of
successful expansion and profit.

1) Study all aspects of the coffee franchise before deciding to buy. In
fact, study the big picture for several different franchises before you
decide to buy. What looks wonderful on the surface may look completely
different upon deeper inspection. This is definitely true of businesses
that you are considering as an investment. Do the numbers and pay
attention to the type of support that you should expect from the
franchise partner. In fact, it's a great idea to talk to others who own
coffee cafes within the franchise to see how supportive the partner
company really is when it comes down to it. You might be surprised and
amazed by the companies that have a tendency to leave their store owners
hanging and those that are very supportive of store owners and work to
help make the success mutual. Go with the companies that not only meet
your criteria but also work with you to help you achieve your goals.

2) Plan to work your business. This is important at least for a little
while because you never know when you'll need to be able to work your
business. Stuff happens in business and no matter how great you think
your staff may be you never know when you will come across a staffing
crisis. Be prepared to work your business if necessary in order to make
it successful. In fact, working alongside your staff is a great way to
build their confidence in you and make sure that everything is on
the up and up.

3) Put money into your business. It takes money to make money and if you
are pulling all of the profit out of your business and not investing at
least half (though preferably more than half) into growing and expanding
your business you are doing yourself and your business a great
disservice.

4) Appreciate your staff. A little appreciation goes a long way to
instilling loyalty from your employees. Set goals, give awards (and
praise), and build a team of staff. You will find that by doing these
things you are creating a loyal staff and a great working atmosphere.

5) Serve your customers. Repeat business is the bread and butter of any
retail or service industry establishment. It takes a lot of effort on
someone's behalf to get the customers to walk in the door and very little
effort (or a distinct lack of effort) to insure that they will never
again walk through the doors of your business.

If you make these five tips a priority in your business you should have
the success you are dreaming of.

								
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