Foodpreneurship is trending in India. We Indians love to explore different varieties of food and beverages. We not only enjoy eating but also love to feed others. The majority of the people who want to join the food industry generally have good taste in food or some considerable cooking skills. To be a foodpreneur, you need to be PRO in either one of these or both. Not only that, but you will also have to know about marketing, sales, and budget if you want to open a cafe with a low budget in India.
You can’t deny the fact that deep down inside the majority of us, the youngsters, want to own a dream cafe someday. Also, it is easy to start a cafe in India as it doesn’t require much budget. Cafe business has made up around 11% of the total organized food services market in the country in the past few years, according to a report by Technopak Advisors, a consultancy firm. This article will help you to get the perfect plan and the required amount to start a cafe for coffee lovers.
How to Open a Cafe with a Low Budget in India?
First thing first, decide a location that is good enough to serve your purpose. For example, determine whether you want to have a cafe near some collages or parks or on the outskirts. If you’re going to keep your budget low, then don’t select a place that is posh or very popular. The rent will be high over there. Also, make sure that the site you choose will not negatively affect you. Choose a place with enough parking space.
This factor is also one of the most affecting factors when you have a tight budget. After deciding a shop or a place, read and research thoroughly about the terms of the lease agreement and is the price. The deal will include everything, from the rent to restrictions. Sometimes, few contracts don’t allow the expansion of your business. So, it is better to talk with an attorney regarding these issues.
If you want to get connected with the food industry, you need to remember that you have to get several permits that are necessary for opening a cafe. The list includes an electrical and fire license, health permit, sanitation, and waste permit, etc. You will also have to get wine and beer permit if you want to provide the alcohol. You should never ignore this type of work before involving in the actual business.
If you want to keep the budget low, you can use your own money to get to the cafe business started. You can also ask family members or friends to invest in your industry. For that, you just have to make a business plan explaining your goals, vision, mission, and objectives of opening a cafe. You or your investors can also approach banks and get help from them for loans to fulfill the business purposes.
If you own a cafe, you have to invest in some necessary equipment such as stoves, refrigerators, freezers, and coffee makers. You will also have to spend on sittings such as chairs, tables, etc. If you want to keep your budget low, then you can have the Indian style sitting. For that, you can try some simple, authentic, and Indian themes. It will give a different look and also keep your budget low.
Don’t opt for the big place or offer too many things on the menu if you don’t want to go for a higher budget. The cafe should be small with some signature dishes and beverages. Remember one thing; it is always expandable if the enterprise is successful. Initially, there will not be many customers, and it becomes hard to maintain the entire structure. So, go slow and keep the budget low.
This is another crucial aspect to take care of while setting up a cafe. Don’t think about the budget and hire people who are well trained, punctual, and sincere for their work. It is essential to have smart staff as everything, including the impression, sales, quality, and hygiene depends on the people working in the cafe. Talented cooks and well-behaved waiters can grow your business in a significant manner.
Last but not least, you must keep some budget for marketing. Cut the cost in other sections, but try each medium to market your cafe. Tell people about the items you are going to make and provide. Click some amazing photos and upload them on social media or on your business page. Send your advertisements to different media channels and let the people know about your existence. Make your coffee space unique and fresh than others.
So, this is how you can open a cafe with a low budget in India. Apart from these things mentioned above, you can easily manage the sales system and maintenance of your cafe on your own to cut the cost. Well, whatever you do, do it with love. Take surveys and feedback to improve your services. Give your business two years and see the magic.