Life has become very stressful these days. The number of patients suffering from lifestyle diseases is rapidly increasing. This is making people health conscious. Everyone is slowly realizing the importance of drinking fruit juices because of their vitamin content. If you are looking for investment opportunities, opening a juice bar can prove to be profitable.
Let’s take a look at some of the tips for people planning to start a juice bar
Work at a juice bar for few months
This may sound weird, but the best way to learn about positive and negative aspects of any business is to work in it for few months. It is advisable to work with a juice bar till you become familiar with the twists and turns in the business.
Before moving out of your office or house to find investors, you should first prepare a business plan with details about the expected amount of investment and the expected returns in the first six months.
As far as possible, you should try fund your own business, instead of applying for small business loan or approaching angel investors for funds.
Select the locality for your business
Selecting the right location is the most important step to be taken for establishing any business. Once you have selected the locality, it is advisable to visit property dealers in that area. These property brokers can help you with all the information about the rent and real estate pricing in that area.
After selecting the place (shop) for your juice bar, the next step is to apply for licenses and permits required from the local govt.
Vendors for milk and fruits
Opt for vendors who have good reputation in the market. You should personally meet all the vendors and check the quality of fruits and milk brands which they offer. Your work experience at a juice bar will definitely help you while selecting vendors and suppliers.
Furniture and appliances
It is advisable to opt for rust proof metal furniture like the main counter, chairs and tables instead of selecting wooden furniture. You will also require some appliances like- juice extractor, blenders, juice dispenser, mixer grinder, ice dispenser, and refrigerators.
Some other necessary equipments which you will require are- lights with lighting automation system, TV set and music system to entertain your customers. You will also require a computer, bill printer and Omni terminal if you plan to accept credit cards and debit cards for payment.
Start your advertising campaigns
Depending on your budget for advertising campaigns, you can either place your ads in local newspapers or broadcast your ads on popular local FM stations. Facebook and Google plus fan page is a must! These pages are very simple and easy to manage. There is no need to hire an SEO expert; you can manage these pages all by yourself.
You should always remember that patience is the key to success; your juice bar might take weeks or months to attract that crowd of customers.
By- Nitten Gokhaley
Nitten writes for several websites and a newspaper called Life 365. He writes on variety of topics like Health, Travel, Business, Hollywood, Gadgets, Life style, Automobile, Politics, Science, Sociology, Psychology and more.
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