Below are links to each of the key sections of your Bookstore business plan: I.
A coffee shop and bookstore can have a positive symbiotic relationship that leads to greater profits for the owner(s), which is why we believe starting such a coffee business is a viable option.
In addition the list above, you may want to consider your competition in your market place.
Are there any current coffee shops or stands that could pose stiff competition? Substitutes are businesses that can provide coffee in the general vicinity.
Seriously, what goes better together than coffee and books?
While it is possible to create a business out of each of these separately, the opportunity for even greater success with combining both seems very appealing – and both create multiple revenue streams that can be closely related and helpful to the other.
Of course, you will have to get coffee equipment, get the permits through your local health department, and hire and train baristas.
Additionally, you may need to renegotiate your current lease with your property manager, among other essential items.
For example, a local pancake house across the street may pose as a substitute for your coffee offerings. If you decide that your business will still benefit from you opening a coffee shop within your business, you should/may proceed with your coffee shop bookstore planning.
Like the first scenario, if you are already are up and running, starting your café/bookstore can be much easier.