There will always be people who want to have fun and eat delicious food. At the cafe we came to relax with friends, meet business partners or just have a coffee break. Many people think about how to make money in a cafe – we count in this article.
To get started, you will need to choose a niche. It can be a restaurant with an Asian, European, Scandinavian menu. Or, for example, it will be a coffee shop, confectionery or fast food. Perhaps you decide to specialize in specific dishes and open a pancake or fish restaurant.
It might be a good idea to try to combine several formats. It can be a restaurant-club, a café with various events or a bakery with a camera cinema. Based on the tasks, choose a room.
Location plays an extremely important role: there must be high ceilings, large windows with good views. Pay attention if it is possible to create a terrace. The premises must be located at the intersection of the streets, on the first floor. In short, in passable places.
Next, you need to collect a package of documents. Among them are legal entity data, registration certificate, SES certificates and fire inspection, alcohol sales permit. Also, you will have to buy a cash register, register with the tax authorities. All of this will require time, knowledge and finances.
When opening a cafe or restaurant, you need to budget money for equipment, employee salaries, health books, and employee medical exams. Up to 500,000 reais can be spent on furniture and fixtures alone, and overheads will be at least 2 million.
To make money in a cafe, you need to reduce the cost of market entry, create a product that is understandable to the majority, and most importantly, choose a convenient location.
And that's all! Develop financial thinking with Ilya Sitnov. Subscribe to our newsletter here and on Yandex.Zen so you don't miss out on useful materials!
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