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<blockquote data-quote="Nishath K" data-source="post: 133344" data-attributes="member: 26780">P: Where am I importing coffee beans from? Are there any trade restrictions/future restrictions?E: Where am I locating my shop? Who are my competitors in the local area? How are my competitors performing?S: Who are my target market and what methods am I putting in place to attract them?T: How am I making the business most efficient? What 3rd party software is being used in the industry? What cyber security measures (e.g. secure transactions) do I need/have in place?L: Are the goods I am importing ethically sourced? What regulations in regard to employee training, health and safety, licensing and taxation do I need to meet?E: What plans are being made to reduce the shop's emissions? (Recycling, no plastic cutlery)S: Coffee shops are very profitable due to low materials costs and high margins. W: Overly saturated with 'unique' coffee brands. Difficult to create a memorable branding campaign.O: Can set apart through uncommon drinks - fusion foods through coffeeT: Need to anticipate coffee shortages in the far future due to environmental issues. Interest can be seasonal, so need to constantly change menu, hard to grow into multiple stores.</blockquote>

[QUOTE="Nishath K, post: 133344, member: 26780"] P: Where am I importing coffee beans from? Are there any trade restrictions/future restrictions? E: Where am I locating my shop? Who are my competitors in the local area? How are my competitors performing? S: Who are my target market and what methods am I putting in place to attract them? T: How am I making the business most efficient? What 3rd party software is being used in the industry? What cyber security measures (e.g. secure transactions) do I need/have in place? L: Are the goods I am importing ethically sourced? What regulations in regard to employee training, health and safety, licensing and taxation do I need to meet? E: What plans are being made to reduce the shop's emissions? (Recycling, no plastic cutlery) S: Coffee shops are very profitable due to low materials costs and high margins. W: Overly saturated with 'unique' coffee brands. Difficult to create a memorable branding campaign. O: Can set apart through uncommon drinks - fusion foods through coffee T: Need to anticipate coffee shortages in the far future due to environmental issues. Interest can be seasonal, so need to constantly change menu, hard to grow into multiple stores. [/QUOTE]

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