Researching demographics is an important step in starting a coffee shop business

Researching demographics is an important step in starting a coffee shop business. Here are some steps to follow: Define your target market: Determine who your ideal customer is. Are they students, professionals, families, or retirees? What are their income levels, education levels, and interests? Look for existing data: The U.S. Census Bureau provides demographic data … Read more

Analyzing foot traffic for a coffee shop location

When analyzing foot traffic for a coffee shop location, here are some items to consider: Pedestrian counts: Conduct a pedestrian count to determine how many people walk by the potential location during different times of day and on different days of the week. Surrounding businesses: Look at the surrounding businesses to see if they attract … Read more