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    Sheryl Barnes

    Good morning

    I am joining this forum from Sidney, BC. I released from Reg F RCN in July 2022. I will be opening a small coffee shop. I have a finance/accounting background. I have been the following people: Cashier, Administrative Support, Office examination officer (CRA), Income Tax audit officer, GST audit officer, Softwood Lumber audit officer, BCR reservist, Calgary Highlanders reservist, Reg F RCN, Siding washer, order picker, Treaty Office Administrator, Records Management Clerk with a FN close to Fernie, BC and a retiree.

    I want to develop a business plan. I will be a new self-employed person.

    Burning question: Whats the maximum you would pay for a coffee?
    What item should never make it into a coffee shop, either for sale or as a decor item.

    I look forward to working with everyone and learning

    Sheryl Banres

    Louise Leslie

    If you can sell somewhere between the McDonald’s $1 coffee and Starbucks insanely expensive “niche” coffee – that would be a profittable sweetspot. The issue is the compromise between affordability and quality. I’m sure you’ll be spending sometime researching this key question. Good luck finding your secret formula.

    Erin Melnychuk

    Hi Sheryl,

    I love your questions! Like most business questions, the answer is ‘it depends’. You’ll need a vision for who you are wanting serve and what their preferences are. For example, I’m someone who will travel outside of my community for a great cup of coffee and I’m willing to pay more for something locally roasted and high quality. But I only drink one coffee per day. Others might go for volume and become more price-conscious. Some people want to grab and go, others want a great atmosphere to hang out in.

    What item should never make it into a coffee shop? A TV!


    Judy Evans


    There is a hoping coffee shop in High River that sells fancy coffees, fancy teas, other fancy drinks and a variety of foods. They are packed from 7 am to 6 pm daily.

    They are decorated with local art for sale, so the walls are ever changing. Check them out – https://www.colossiscoffeehouse.com/

    Consider that when you are researching/visiting other coffee shops, you are doing market research and your coffee and travel could be a business expense.


Viewing 4 posts - 1 through 4 (of 4 total)
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