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BUSINESS PLAN#1
A structured document outlining business goals, strategies, and financial forecasts for a coffee shop.
MARKET RESEARCH#2
The process of gathering information about customers and competitors to inform business decisions.
MENU DEVELOPMENT#3
Creating a list of food and beverage offerings that align with the brand and customer preferences.
UNIQUE SELLING PROPOSITION (USP)#4
A distinct feature or benefit that sets a coffee shop apart from competitors.
FINANCIAL MANAGEMENT#5
The planning, organizing, and controlling of financial resources to ensure profitability.
SWOT ANALYSIS#6
A strategic planning tool assessing strengths, weaknesses, opportunities, and threats of a business.
BRAND IDENTITY#7
The visual and emotional elements that define a coffee shop's image and appeal to customers.
OPERATIONAL LOGISTICS#8
The management of day-to-day operations, including supply chain and staffing.
DIGITAL MARKETING#9
Using online platforms to promote a coffee shop and engage with customers.
CUSTOMER PERSONAS#10
Detailed profiles representing target customers to guide marketing strategies.
COST OF GOODS SOLD (COGS)#11
The direct costs attributable to the production of coffee and food items sold.
BREAK-EVEN ANALYSIS#12
A calculation to determine the sales volume needed to cover costs, indicating profitability.
PROMOTIONAL STRATEGIES#13
Marketing tactics used to attract customers and increase sales.
STAFFING PLAN#14
A strategy for hiring and training employees to meet operational needs.
SUPPLY CHAIN MANAGEMENT#15
The oversight of materials and products from suppliers to the coffee shop.
BUDGETING#16
The process of creating a financial plan to allocate resources effectively.
FORECASTING#17
Predicting future sales and expenses to inform business planning.
COMMUNITY ENGAGEMENT#18
Building relationships with local customers and organizations to foster loyalty.
TASTE TESTS#19
Evaluations of menu items to gather feedback before finalizing offerings.
PITCHING#20
Presenting a business plan to potential investors or stakeholders to secure funding.
CONTENT CALENDAR#21
A schedule for planning and executing marketing content across platforms.
QUALITY CONTROL#22
Processes to ensure products meet certain standards of quality and consistency.
CUSTOMER SERVICE STRATEGIES#23
Approaches to enhance customer satisfaction and loyalty in the coffee shop.
FINANCIAL STATEMENTS#24
Reports summarizing the financial performance and position of a business.
REVENUE MODELS#25
Frameworks for generating income through various business activities.
EMERGING TRENDS#26
New patterns in consumer behavior or market dynamics that can impact business.