First Choice Business Brokers Orlando Metro’s Post

Let's delve into how our carefully crafted exit strategy turned into a $100,000 success story. #bsaleaus #exitstrategy #bakery #professionaltips https://lnkd.in/gNmQz9mA

Are you brimming with ideas when it comes to coffee shops? Coffee has become big business in the UK. There are a lot of consumers that have made coffee shops a part of their daily routine. Consumers have also become more discerning when it comes to what they expect from their coffee. You need to be sure that you have a good knowledge of the shifting trends in the industry so that you can cater to the discerning coffee drinker and their preferences. A successful business can be built by starting a cafe, but when it comes to selling the cafe if it isn’t handled properly, the process can be difficult and drawn out. We will assist you in navigating the process with fewer unexpected surprises, whether you’re wanting to retire, spend more time with your family, or launch a new business. Preparation is important to ensure a smooth and profitable transaction, whether you're looking to buy or sell a coffee shop. Onyx Solicitor can assist you with everything. Contact Onyx Solicitors today for a free consultation when buying and selling a coffee shop! 📞 0121 268 3208 #CoffeeShopForSale #BuyCoffeeShop #SellCoffeeShop #CafeBusiness

Team and business building. At the beginning of the year I posted that it would be hard for me to not start looking at the business this year with a different outlook now that we have a years’ worth of data to look back at and week on week/month on month sales etc. So far this has been true! As we stepped into this year and as we are learning we really wanted to be consistent with our offer, quality in the bakes and products and in our sales. If we could maintain this into our second year, we believed it would give us great foundations to grow, develop and further more give us the belief that we can shoot for the stars with our business. I also think as a business owner, constancy is key, as boring as it sounds for us to keep the doors open, pay our team a fair wage and not have to over charge our customers then constant revenue is a must! So to be able to say we have achieved month on month growth from last year is a massive achievement, this also means the sales numbers have increased, as well as the amount of production and items sold and many returning customers and new one’s coming through the bakery each week. At present this is not returning to more bottom line from last year as we now have a bigger team, more static cost’s and some higher food cost but is the GROWTH is really encouraging and it certainly shows there is scope for more to come. All the above being said without me being present for the last 3 weeks (another story). Rachel (my wife and business partner), Jodie, Luiz, Mily and Hiren have totally bossed it. With me being away from the daily bakery life it has gave the inhouse team a real chance to grow and develop in the their own right, make organic decisions and have autonomy on certain bakes, bread flavours and service. I have had very little to worry about both professionally and personally thanks to the team. I have had numerous regular customer praise the team in my absents and just goes to show, you reap what you soe and I think as owners we have always tried to be inclusive, encouraging ownership and creativity and self-belief. This will also help to future proof our business. There has been an amazing buzz around @welchbakes all year so far and with Spring, Mothers Day & Easter around the corner it’s an exciting time in the bakery! #welchbakes #smallbatchbakery #smallbusinessowner #supportlocal #stneots

#CoffeeShopChallenges #SmallBusinessInsights #EntrepreneurJourney Hey everyone! ☕️ I’m diving into the world of coffee shops and I’ve got a burning question: Why do many great coffee shops still end up losing money in their first year, even when they have fantastic products? It seems wild, right? You’d think that with high-quality coffee, people would be flocking in and the cash register would be ringing non-stop. But, it’s not always that simple. Here are a few thoughts on what might be going on: High Start-Up Costs: Setting up a coffee shop often comes with big expenses—think equipment, renovations, and permits. These initial costs can eat into your profits. Staffing Expenses: Good baristas are in demand and often come with higher wages. Plus, during the first year, you might be dealing with training new hires, which can be both time-consuming and costly. Location Matters: Even if your product is amazing, being in the wrong location can mean fewer customers. High foot traffic... Why Do Coffee Shops with Great Products Struggle Financially? Answers: https://lnkd.in/gzx5AhNk

🟠🔑🏠 Attention Homeowners: The Secret Ingredient to Real Estate Success? Pizza!As a seasoned real estate agent, I've discovered an unexpected ally in the world of property deals: pizza. This isn't just about satisfying hunger – it's a powerful tool that's revolutionizing how we connect with clients and close deals.Think of it as the Dave Portnoy approach to real estate. Just as Portnoy's pizza reviews have taken the internet by storm, we're using pizza to create buzz and excitement around property listings. It's not just about the slice; it's about the experience and the connections we build.Here's how pizza is changing the game:Open House Pizza Parties: We're turning standard viewings into memorable events. The aroma of fresh pizza creates a welcoming atmosphere, making potential buyers feel right at home. Pizza Box Marketing: Taking a page from innovative agents like Tyler Smith, we're using pizza boxes as a unique advertising medium. It's an attention-grabbing way to showcase listings that people can't ignore. Virtual Pizza Networking: In this digital age, we're hosting online pizza parties to discuss market trends and opportunities. It's a casual, relatable way to connect, similar to how Meet Kevin engages with his audience on real estate topics. Client Appreciation: Nothing says "thank you" like a surprise pizza delivery to our new homeowners. It's a simple gesture that leaves a lasting impression. Community Building: We organize pizza events with local businesses, fostering connections that benefit our clients in the long run. This isn't just about free food – it's about creating positive associations with the home-buying process. In a competitive market where multiple offers are common, these unique approaches can make all the difference.As your real estate agent, I'm committed to using every tool at my disposal to ensure your success, whether you're buying or selling. The pizza strategy is just one of the many innovative ways we're working to give you an edge in today's real estate market.Remember, in real estate, as in pizza, it's all about quality, timing, and that special something extra. Let's work together to find your perfect slice of the real estate pie! #pizza #soldbytoosdae #soldbyisrael #og #suace #realestate #sold #firsttime #asmr #crunch #welldone #undercarriage

#CoffeeShopChallenges #SmallBusinessInsights #EntrepreneurJourney Hey everyone! ☕️ I’m diving into the world of coffee shops and I’ve got a burning question: Why do many great coffee shops still end up losing money in their first year, even when they have fantastic products? It seems wild, right? You’d think that with high-quality coffee, people would be flocking in and the cash register would be ringing non-stop. But, it’s not always that simple. Here are a few thoughts on what might be going on: High Start-Up Costs: Setting up a coffee shop often comes with big expenses—think equipment, renovations, and permits. These initial costs can eat into your profits. Staffing Expenses: Good baristas are in demand and often come with higher wages. Plus, during the first year, you might be dealing with training new hires, which can be both time-consuming and costly. Location Matters: Even if your product is amazing, being in the wrong location can mean fewer customers. High foot traffic... Why Do Coffee Shops with Great Products Struggle Financially? Answers: https://lnkd.in/gGJS7Xih

#CoffeeShopChallenges #SmallBusinessInsights #EntrepreneurJourney Hey everyone! ☕️ I’m diving into the world of coffee shops and I’ve got a burning question: Why do many great coffee shops still end up losing money in their first year, even when they have fantastic products? It seems wild, right? You’d think that with high-quality coffee, people would be flocking in and the cash register would be ringing non-stop. But, it’s not always that simple. Here are a few thoughts on what might be going on: High Start-Up Costs: Setting up a coffee shop often comes with big expenses—think equipment, renovations, and permits. These initial costs can eat into your profits. Staffing Expenses: Good baristas are in demand and often come with higher wages. Plus, during the first year, you might be dealing with training new hires, which can be both time-consuming and costly. Location Matters: Even if your product is amazing, being in the wrong location can mean fewer customers. High foot traffic... Why Do Coffee Shops with Great Products Struggle Financially? Answers:  https://lnkd.in/eGTcfPpx Let's Connect! Have you faced similar challenges? Share your insights and exp...

Okayristen Williams-Haseotes purchased a struggling Dangerous Ass Coffee and made it the model’s top-performing location. Now it is on monitor to drive at least $1.8 million in income in 2024. How? She knew nothing about the espresso enterprise, however she understood the importance of community, and the way it provides locations that means. Haseotes as soon as ran a residence for ex-offenders reentering the neighborhood, and then labored in neighborhood growth at a financial institution. In 2019, whereas residing in Naples, Florida, she was a common at the native Bad Ass Coffee of Hawaii, as a result of she cherished the sense of neighborhood there: “It is the place everyone got here and sat collectively and had a cup of espresso,” she says — from native electricians and landscapers to millionaires and billionaires. However the location was struggling, with income of solely $430,000 a yr. So she purchased it. This is what she did subsequent. Associated: Why You Should Buy a Franchise Instead of Starting Your Own 1. Promote from inside. Haseotes employed some new staffers, but additionally received to know the present workforce members, and seemed for outsize potential. One barista particularly, Daniel Guimond, appeared prepared for a main promotion — so she made him a supervisor. “It made all the distinction. My recommendation is to go searching and see who does the work and exceeds expectations. That is who deserves a shot.” 2. See the larger alternative. Haseotes had a probability to develop into the area subsequent door. This made little monetary sense — twice as a lot hire, however no capability to develop the menu (due to a parking and zoning difficulty). However to Haseotes, her store wasn’t actually about espresso. It was about neighborhood — and the new area might host music, lectures, and extra. 3. At all times foster connections. Haseotes had to shut for the store’s renovation, however throughout that point she supplied free espresso to clients exterior. And after a hurricane, she took free espresso to first responders. “We did not need individuals to go elsewhere. It is about routine,” she says. “I paid the employees. However with the tip cup, we donated that cash to charity. When individuals gave, they gave generously.” Recommendation from the Franchisor Do not let large modifications distract you from business fundamentals, says Dangerous Ass Coffee of Hawaii CEO Scott Snyder. For instance, the franchise was acquired the similar yr that Haseotes purchased the Naples location — and the new proprietor launched a whole model redesign quickly after. However Haseotes knew she had to iron out the fundamentals earlier than aesthetics. She was laser-focused on “stock, having gear that works, and following the pointers we had been setting,” Snyder says. And it labored. “She almost doubled the retailer in the first yr with out making any basic modifications to the design.” Associated: When He

Miami's restaurant scene is all about survival of the fittest. In this game, strategic moves are the key to victory. It's not just about throwing down in any neighborhood anymore—it's about choosing the battlegrounds where success is more likely. And when it comes to finances, you gotta play it smart. Rent shouldn't be eating up more than 10% of your sales. We're all about minimizing risk. At F+B Miami, we treat every dollar like it's our own. That's why we advocate for keeping your rent below 10% of your sales. It's not just about cutting costs; it's about minimizing risk and maximizing profitability. We'll dish out advice tailored to your goals. We understand that every dream is unique, which is why we're here to listen. Whether you're set on a specific area or need guidance, we'll tailor our expertise to fit your vision. At F+B Miami, we're all about one thing: your success. DM us if you want to make something happen  💪  

AND ARE YOU SURE YOU ARE SELLING YOUR PRODUCTS/SERVICES TO THE RIGHT TARGET, IN THE RIGHT WAY AND ON THE RIGHT CHANNELS? 👉 in front of my house there was (still is) a bakery that sold bread, pizzas, sfincioni and so on with a quality like few others in the whole city. 👉 But it sold them at a very high price. 👉 Okay, we live in one of the best areas of the city, but the Palermitan, of any social class, wants to eat very well, with much more than exaggerated portions and spend little. 👉 So after a start during which the bakery was always full of people, we all got fed up with being peeled like potatoes to buy 2 sandwiches or a slice of pizza. 👉 Also because in the area there are many very valid alternatives at much lower costs. 👉 So at a certain point that shop emptied and no one went there anymore. Also because the managers were not exactly the most friendly and empathetic towards customers. 👉 A little over a year ago the owners closed access to the public, but we always saw the lights on and strange movements inside. 👉 So, being a good nosy person, I started investigating and discovered that the company had not closed, but had simply decided to start selling to other bakeries and bars in the city. 👉 In practice they had gone from a B2C target to a B2B target. 👉 Now it seems that things are going very well for them MORAL OF THE STORY: you can have the most innovative and explosive product in the universe, but if you sell it to the wrong target or on the wrong channels or in the wrong way YOU WILL ONLY ENCOUNTER BITTER DISAPPOINTMENTS In cases like this, strategic marketing and the entrepreneur's ability to read the cultural and social context make all the difference.