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• Competition: Our major competitors would be the famous cafés that is surrounding us.
Dunkin Donut and Mister Donut are only a few blocks away from our place. One of their
strengths is their well known branding which makes it hard for a business to compete with.
• Market trends: Cafés are just one of the perfect places to study. The coziness and the good
smell of coffee suits people who are in need of concentration.
“-Scent of Coffee Beans May Give You the Jolt Needed to Shake Off Sleep, Study
Suggests
• By Kelley C”olihan
Marketing Strategies
Short term
Discounts and Promos
Distribute flyers to endorse our business
To put tarpaulins along highways
Long term
Make our own website
Freebies
Improve customer’s services
Start-up Costs
• Incorporated: 18,392
• Permits and Licenses: 5,045
• Legal: 500
• Insurance: 5,000
• Coffee Maker: 4,952
• Food Supplies: 8,372
Summary of financial Needs
https://create.piktochart.com/infographic/saved/25001250#
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