Serving the best coffee in town; placing freshly baked goods on the counter each day; providing customers with a comfortable environment to work or simply catch up with friends.
Is that enough?
If you are considering opening your very own café, there is more than just the quality of service that you need to take care of.
Many people forget what they need to do first. But don’t worry; we’ll walk you through it
First and foremost, create a solid business plan.
Before starting any project, if you don’t know where you want to get to, it becomes easy to lose track.
Your business plan will include everything—profitability, customer base, competitor details, plans for growth and strategies. This will help achieve your cafe’s goals.
Find the right place
A good location will help in a number of ways. The suitability of this will depend on a number of factors:
- Style of operation: The kind of café you set up will determine the location you choose. What kind of look does your café have? Traditional, fancy, homey, one with a natural outdoor setting or eve themed? These are all options you can choose from.
- Foot traffic: For businesses, especially cafes, foot traffic is what determines how many customers will come in. If the location is in a corner, tucked away where it is easy for people to miss, you will be at a disadvantage.
Go for a location where there is a good pedestrian traffic.
- Parking: If your café does not have ample parking space, it may result in customers preferring to go elsewhere. Don’t forget your employees need parking space as well!
- Competition: If your café is located in a place where you have a number of competitors nearby, this would be a risk for your business. Unless your café is bringing with it an extremely unique concept, it is advised you continue your search.
Organising Finances & Insurance
Once you’ve finalised your plan, consider the most important step of all—the finances.
Starting any business requires you to pay close attention to the financial aspect of it. This determines the overall success of the business and how long it can operate in the market.
If you own a business, you will for sure need some type of insurance policy to protect your investment.
There are numerous types of policies to choose from. To help with this decision, you must be aware of the laws in the locale where you are operating.
Comprehensive cafe insurance will provide you with the required permits, construction, food supplies and furniture. There are more reasons to have restaurant insurance than you might suspect: injuries, damages, fire accidents are just some of them. And thus insuring your café is a must!
365insurance was formed to give you a fair go! Providing cafe insurance policies, we allow your eatery to choose the best, and most affordable, insurance plan. You get comprehensive coverage, risk aversion and affordability!
Get a quote for your cafe insurance now.