8A – Solving The Problem
ENT3003
Chris Ward
Solving the problem of no local coffee shop is fairly easy for someone with barista experience. Some problems with opening a new shop in the area will be finding the right location for a decent cost and whether to build or lease a space. The owner may also have issues with supplies and equipment.
No coffee shop currently exists in the area so there is no competition yet, but if the shop is successful in the area it will likely draw in competitors. There is a lot more to opening a coffee shop than the few issues I mentioned but if it is done properly the need for a local coffee shop will be solved.
Hi Chris,
ReplyDeleteI agree there is a lot more than meets the eye when it comes to running a coffee shop, the main one being a market base. Since there is no current coffee shop in the area, I believe this will not be an issue for the opportunity. Somethings to consider, however, would be the specific location within the town since many of your interviewees claimed that the coffee, although something they would enjoy, is not a vital purchase in their daily lives. Consider a location that not only works for an easy pickup for locals but those traveling through town.
Chris,
ReplyDeleteA local coffee shop is very much essential if there is not one. I do think it would be quite expensive and a little more trouble than you seem to make out of it. Once the local shop does get popular it will gain competitors like you said, driving the profits down a lot more. If the coffee shop can find a way to be somehow unique it will help it flourish.