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Initial Start Up Business Products and Service

Is the Coffee Business Right For you? (Fact Finding)

Free

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CALL for your free consultation.  Find out if the specialty coffee business is right for you. Our purpose is to answer your questions, learn more about your venture, and explain our services and methods while grounding you in reality with rock solid information.

 

During your consultation we will discuss:

  • Daily operations of ownership
  • State of the industry
  • Initial start up costs
  • Potential and goals
  • Your vision and concept
  • Desire timeline
  • Perils and Pitfalls
  • Brand Development

 

   

Business Plan Development (Capture the Vision)

$1,000

Allow Coffee Prophets to help you develop a working business plan.  Our coffee-consulting experts will assist you in the planning process of your business; after all no one plans to fail but many fail to plan. 

During this entire process, we keep your plan simple, realistic, specific and most importantly complete.  We build in control measures that ensure planning, actions, results and follow-ups keep you in touch and on track with your plan.

We always keep in mind your plan is a direct reflection of you and your company.

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Our Business Planning Process will:

  • Help you capture the spirit of your business
  • Provide you an executable business playbook
  • Reduce total cost of ownership
  • Help you obtain necessary financing
  • Help you mitigate mistakes of ownership
  • Locate your target market
  • Strategies to market effectively and with cost efficiency
  • Help you set goals and objectives
  • Improve systems and controls
  • Identify your Strengths, Weaknesses, Opportunities and Threats
  • Create actionable plans
 

Financial Evaluation and Loan Assistance (Capitalize Your Venture)

$1,000

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Our “Get Up and Grow” financial evaluation is designed to help you better understand the required capital necessary to enter each level of the specialty coffee industry from carts to kiosks to coffee house and full service cafés. The Coffee Prophets will walk you through each financial decision required prior to final determination to open a specialty coffee business regardless of size.

Our Senior Financial Consultant will provide a detailed financial analysis of each component of opening a business.  In our analysis, we will provide you all the information you need to understand the actual cost associated with opening and subsequently running a coffee retail business and the capital required to remain open as you build a loyal customer base.


 

Our Delivered Products include:

  • Excel spreadsheets:
  • Estimated Cost of Market Entry
  • Break Even Analysis
  • Cost of Goods based upon proposed menus
  • Projected Profit Loss Statements
  • 12 and 24 Month Financial Forecast
  • Estimated Quarterly Earnings

 

We also provide you training in 13 specific areas of business finance you need to understand so you can successfully maintain your businesses financial health.  They include:  Cash Balance; Accounts Receivable; Inventory Calculations; Other Current Liabilities; Capital Assets; Accumulated Depreciation; Accounts Payable; Short Term Loans; Other Current Liabilities; Long Term Liabilities; Paid- in Capital; Retained Earning and Earnings.  With training in these areas, you will be prepared to discuss each aspect with your loan officer and eventually your bookkeeper and accountant.

Site Selection Assistance  (Home Base Analysis)

$500

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Location, Location Location.  If you have heard it once, you’ve heard it a thousand times.  Nothing may be more critical to your specialty coffee retail business success then location.   We will review over 30 location criteria of each proposed location to ensure it is commensurate with specialty coffee retailing.

Coffee Prophets use the same “weighting scale” of over 100 important criteria necessary to select a winning location as that of National Chains of large food service operations. 

Therefore during our holistic approach to finding your location, we analyze and identify your competition both obvious and many not so obvious. We will examine the effects of schools, gymnasiums, churches, and other centers of commerce that are easy and efficient to market to and will serve as the cornerstone of your operation while you brand yourself to tourist, residents, commuters, and passer bys.

Our state-of-the art modeling and population software, along with Census Data will help us locate the right location for your business. 

Upon request, we will travel to your location and complete a full on-site location analysis of the numerous choices you may be considering. This hands-on approach will provide you complete statistical data to help you evaluate the advantages and disadvantages of potential locations. In the end you will have a location not only suitable for your venture but one that will provide you the necessary traffic you need to thrive.

 

Tenant Lease Recommendations and Review

$500

cafeBusiness is business and your landlord is not your friend, but an essential partner in building your specialty coffee business. We at the Coffee Prophets recommend you have a lawyer review every lease you are presented with.  In turn, one of our Senior Consultants at the Coffee Prophets will provide a complete analytical review of your lease and provide suggestions on how to best capitalize on tenant improvements, Common Area Maintenance (CAM) charges and other valuable options that will assist you in your negotiations with the developer or landlord.

Our in-depth scrutiny, in conjunction with your attorney’s review, will arm you with valuable insights that will help protect your business investment and ensure the viability of your specialty coffee business.  You will receive a detailed written report outlining all recommendations and suggestions on how to capitalize on your lease negotiations and tenant improvements along with support follow-ups until a site is selected.

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One of the marks of a gift is to have the courage to fulfill it. - Katherine Ann Porter
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  contact@coffeeprophets.com • 915-587-6930 • 1-800-206-6930