Trying to open a coffee shop but is it a good time?

Question

I have already signed in with a franchise (so I guess it's too late to back out) and it's been 8months since. I have a location in the works but still have a concern due to the economy. An advise would be appreciated.

Answer 1

You have decided to open up a coffee shop. Take time to make a decision, but once you have made up your mind, Act Fast ! and Start Small ! Reinvest your profits into this business so that you can open up more coffee shops around your town....Good Luck !

Answer 2

Although the economy is in it's current state is not a bad idea to be proactive. People starting businesses and not being afraid to dive into the economy are the kind of people who can save it. The more people invest and prosper the better it will make our economy. Just make sure to be smart about running your business. spend only what is necessary, and when you begin to make a significant profit reinvest it in the business allowing it to grow!