One of the most consumed beverages worldwide is coffee. Every day, more than 2.25 billion cups of coffee are reportedly drank. Given the numerous advantages of drinking coffee, this is not shocking. It is a fantastic method to increase energy levels, sharpen mental focus, and even lower your risk of contracting certain diseases. The huge demand for coffee makes starting a coffee shop a lucrative business. Here are some justifications for thinking about starting a coffee business. 1. Affordable Start-Up Costs
An inexpensive alternative to beginning other enterprises is opening a coffee shop. Start-up costs are lower than those of other enterprises, and you don’t need a big area or a lot of equipment. You can launch and expand your firm with a few thousand dollars.
The coffee industry has very large profit margins. The markup on each cup sold can be extremely high because the cost to produce a cup of coffee is quite cheap. You can get a sizable profit with a lot of sales. 3. Increasing Demand
As was already established, coffee is among the most consumed beverages worldwide. Coffee is more and more in demand, particularly among millennials who are willing to spend more for superior coffee. You may draw in a sizable customer base and develop a devoted following with the appropriate marketing approach.
Starbucks’ tagline is, “To inspire and nurture the human spirit – one person, one cup, and one neighborhood at a time.” The Starbucks brand is all about fostering a sense of belonging and connection through coffee, and this tagline perfectly encapsulates that. Who Currently Owns Starbucks?
Howard Schultz, the company’s previous CEO, is the current owner of Starbucks. In 1987, Schultz bought the business and turned it into one of the most prosperous coffee chains in the world. He left his position as CEO in 2018 but is still actively involved in the business as chairman emeritus. Who Created Coffee, Exactly?
Coffee was not created by one person alone. Ethiopia, where the coffee plant was found for the first time, is where its roots can be found. But in the 15th century, the Arabs were the ones who first began roasting and brewing coffee. The expansion of coffee from there eventually reached Europe and the rest of the world. Who Stopped by the Coffee Shop in 1685?
Samuel Pepys, a well-known English diarist, stopped at a café in London in 1685. In his journal entries, he described his experience of drinking coffee and conversing animatedly with other customers. Pepys was known to be an avid coffee drinker and frequented coffee shops frequently. His journal entries offer an interesting look into the function that coffeehouses served in London throughout the 17th century.
It is true that Puritans drank coffee. In fact, some Puritans believed that coffee was a healthy substitute for alcohol, which was popular at the time. In the 17th and 18th centuries, coffeehouses served as crucial gathering places for Puritan scholars, politicians, and businessmen.