Join Jamie Blanchard the Roaster and Owner of Royal Mile Coffee in Cherry Hill, New Jersey as he goes through how he built his small coffee roasting operation to today and follow along as the journey changes.
Finding A Cafe Or Warehouse Location
Finding a space is not easy especially when moving out. It's not snapping your fingers. You need to time to find the next location and it has to be a good fit. Hopefully sharing my experience helps!
Financiang - SBA or Conventional
This is short on Specifics but maybe my story will help somewhat understand what all you need to do to start lining up financing for a larger project. Basically. 1. Get a business credit card day one. 2. Get a business checking account. 3. Register for DNB. (Dun and bradstreet) 4. And hope you make big money.
Business Plans, it's kind of like college.
Every business plan is different but maybe it's useful to think of it like some college paper. You want to state how thing are, why they are and how you can improve with all points leading towards your conclusion of getting that sweet sweet money with a bucket load of interest on the other side. I mostly go over how I approached it all and then turned it over to the bank for them to laugh at in the office.
Bonus: Collecting Data Will Help
This may come as a shocker but Data collection over time will help you adapt and grow your business. Minimize wasting time on the perfection of things and focus on how things should be vs how maybe you think the industry/others think.
Slowing down the podcast a little amid the chaos surrounding being in business I think is a good call. The ability to be able to be calm and focus is essential to functioning especially in extreme circumstances as well as the ability to pivot. A bit of a self help episode, maybe for me more so than you but good stuff all around. See you in Jan with music!
Dig Out Your Soul
Bacccccccck. Time to go through what's been in the works and motivations on kicking this thing alive again. Just don't ask about creme brule coffee.