Rising Prices

I was chatting to Don Clarke the other day. We had received an email from a chap who was interested in opening a coffee shop, in fact he was talking about opening several, but was worried that with rising food prices it would be hard to make a profit.

Don's immediate reaction was that whatever the increase in costs, you have to pass it on to the customer. If you don't, you go bankrupt.

So it was quite interesting to read an article I found on a US blog, written by another former Coffee shop owner, who actually points out that in times of economic hardshop, coffee shops do MORE business.

You can read the article at: The Coffee Business Opportunity In Challenging Times

So, not all doom and gloom!