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<blockquote data-quote="jmcnlmc" data-source="post: 133619" data-attributes="member: 27119">PESTLE analysis:<ol>
<li data-xf-list-type="ol">Political: Import regulations and taxes. Brexit and border control issues perhaps.</li>
<li data-xf-list-type="ol">Economic: reduced consumer spending given the cost of living crisis; coffee may be seen as a bit of a luxury. Competition from other coffee shops. Access to funding/credit in challenging economic times. Business rates and tax are currently high. High energy bills.</li>
<li data-xf-list-type="ol">Social: demographic trends, consider where in London the shop is to be located. Residual impact of COVID-19, many employees are still WFH and foot traffic may be reduced.</li>
<li data-xf-list-type="ol">Technological: innovations in coffee production, delivery, and marketing.</li>
<li data-xf-list-type="ol">Legal: local licensing requirements, health and safety regulations, and copyright laws.</li>
<li data-xf-list-type="ol">Environmental: sustainability initiatives, waste management, and the impact of climate change on coffee production.</li>
</ol>SWOT analysis:<ol>
<li data-xf-list-type="ol">Strengths: unique selling points, experience and knowledge of the coffee industry, and a strong brand identity.</li>
<li data-xf-list-type="ol">Weaknesses: limited resources, lack of experience in running a business, and limited market share.</li>
<li data-xf-list-type="ol">Opportunities: market growth, partnerships and collaborations, and emerging trends in the coffee industry.</li>
<li data-xf-list-type="ol">Threats: competition from established brands, economic downturns, changes in consumer preferences and reduced footfall with employees working from home. Rising Energy bills</li>
</ol></blockquote>

[QUOTE="jmcnlmc, post: 133619, member: 27119"] PESTLE analysis: [LIST=1] [*]Political: Import regulations and taxes. Brexit and border control issues perhaps. [*]Economic: reduced consumer spending given the cost of living crisis; coffee may be seen as a bit of a luxury. Competition from other coffee shops. Access to funding/credit in challenging economic times. Business rates and tax are currently high. High energy bills. [*]Social: demographic trends, consider where in London the shop is to be located. Residual impact of COVID-19, many employees are still WFH and foot traffic may be reduced. [*]Technological: innovations in coffee production, delivery, and marketing. [*]Legal: local licensing requirements, health and safety regulations, and copyright laws. [*]Environmental: sustainability initiatives, waste management, and the impact of climate change on coffee production. [/LIST] SWOT analysis: [LIST=1] [*]Strengths: unique selling points, experience and knowledge of the coffee industry, and a strong brand identity. [*]Weaknesses: limited resources, lack of experience in running a business, and limited market share. [*]Opportunities: market growth, partnerships and collaborations, and emerging trends in the coffee industry. [*]Threats: competition from established brands, economic downturns, changes in consumer preferences and reduced footfall with employees working from home. Rising Energy bills [/LIST] [/QUOTE]

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