How to Open a Coffee Shop (And Scale it to 19 Locations!) Pt. 2

Looking to open a coffee shop? In the second part of this interview, Wes shares more practical advice on starting a coffee shop business and scaling it to 19 locations.

Watch Part 1: https://www.youtube.com/watch?v=FOdRRuI4g5E

Wes started the first Woods Coffee cafe with just $23,000. In the 18 years since, he’s turned this one location into a 19-store chain—and grown his initial investment into millions.

Wes Herman is an award-winning entrepreneur. He started his first business at just 21 years old, and proceeded to purchase or start 7 more on his way to heading a coffee shop empire. Along the way, he overcame setbacks including a near-fatal illness and a year-long prison sentence that led to financial ruin. Learning from these challenges helped him reach the business success he enjoys today.

One thing he emphasizes is the importance of PLAN, which is his method for growth that’s both fast and sustainable in the long-term.

The knowledge and tips Wes shares aren’t just for people in the coffee business. You can apply these practices in any kind of company to help it reach its full potential, whether you’re just starting out as an entrepreneur or have your own chain of stores already.

Has this interview given you helpful insights into how to open a coffee shop? Tell us by liking and commenting, and make sure you subscribe to our channel for more valuable content for achieving your business and financial goals.

To learn more about Woods Coffee or to get their latest merchandise visit: https://woodscoffee.com/.

$100K Invested to Start a Coffee Shop (Did It Work?) ► https://www.youtube.com/watch?v=Fx7tEfEXLo0

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Timecodes:
0:00 Intro
1:08 Approach To Scaling
5:25 Snack Mark-Up and Best Seller
6:42 How To Start A Chain Of Coffee Shops
8:21 Importance of WIFI
9:33 Hiring and Managing Staff
11:29 Process Of Preparing Cold-Brewed Coffee
13:29 How To Stay Competitive
17:07 Scaling As Business Grows
17:45 What’s Next For Woods Coffee
20:01 Outro

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