Franchises - Coffee Business
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Food Coffee refers to sale of light food items with predominance of coffee through coffeehouses and cafes. Coffee is a favored beverage and according to a survey of National Coffee Association, around sixty million people drink coffee occasionally while over 100 million drink coffee daily. Demand for coffee is high as surveys indicate consumption of millions of cups of coffee within twenty-four hours. Hence, immense business opportunities exist for setting up wholesale businesses or franchisee business in coffee.
If you opt for a large-scale business opportunity in coffee business, you need large machines for making coffee and espresso, a good coffee bean supplier, and proper location to begin on your own. Besides, you should have requisite knowledge and capability to run such huge business opportunities. Alternatively, you could take up franchisee businesses of reputed companies. These include serving of different breakfast and lunch food items with coffee. Here you receive a ready-made package of operational techniques and methods and an established goodwill. Initial costs may soar in such business opportunities. However, you can make up such costs through other long-term benefits and profits. Sidewalk coffee cafes and malls are another attractive option of business opportunities with low investment.
Many other business opportunities lurk around Food-Coffee. You can opt for small home-based business with low investment, or take up franchisee business opportunity of reputed and established coffee chains. Besides, these also lead to further growth and expansion of your coffee business in future. Forecast according to market report of The Specialty Coffee Association of America hints at an increase of 15,000 coffee shops by 2006.
Every business opportunity needs time to develop and expand. Franchisee business opportunities are relatively simpler as they already have market for their food coffee and parent companies often give you sufficient training in all areas of business management. Home-based business opportunities abound in distributorships of major coffee giants like Espresso. Here retailing expenses are low or almost nil, as you only need to install espresso machine, which yield special coffee, cappuccino, and other different types of coffee.
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