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Dreaming about opening a coffee shop and being your own boss? That’s life for Wes Herman, founder and CEO of Woods Coffee. Starting from one coffee shop in 2002, Woods Coffee now has 19 locations across the Pacific Northwest. Watch Part 2: • How to Open a Coffee Shop (And Scale ... If you’re looking for practical advice on starting a coffee shop, owning a coffee shop, and navigating the coffee business, you’ve come to the right place. In this interview, we talk to Wes about founding Woods Coffee and learn how he used his plan to grow both his company and his profits. This interview isn’t just helpful for people wondering how to open a coffee shop, either. The coffee shop business plan Wes used can be put to great use in any industry—and you don’t have to take our word for it. A life-long entrepreneur, Wes has won numerous awards, including the Bellingham Chamber of Commerce’s CEO of the Year and Business Pulse Magazine’s Business Person of the Year. Already a business owner? Our two-part interview with Wes Herman is full of genius strategies for growing and scaling your company. You’ll learn valuable takeaways about profit margins, customer engagement, and all the details that make a business successful. Don’t forget to like this video and subscribe to our channel to stay updated on all our helpful content! We hope you’ll tell us in the comments if you’ve gained new insight into how to start a coffee shop. Resources: https://bit.ly/4fiem9L - Start or Grow Your Business with UpFlip Academy https://woodscoffee.com/ - Find Out More About Wes' Coffee Business Timestamps: 0:00 Intro 2:30 Meeting Wes 3:56 Working Capital 5:07 The Roastery Workspace 6:32 Initial Budget and Start Up Financing 8:39 Developing The Menu 10:41 Expense Percentages 11:55 Business Plan 13:59 Coffee Business Tips and Tricks 15:29 Payroll and Salary 16:54 Roasting Beans and Coffee 18:47 Turning A Profit 22:01 Outro #openingacoffeeshop #coffeeshopbusiness #startingacoffeeshop