11 Ways to Cut Costs for Your Coffee Shop
Last modified on June 8th, 2022 at 11:42 am
Coffee shops, like other types of food and beverage establishments, run on an incredibly tight margin. While the food costs for coffee shops tend to be low, labor expenses are often high. As a result, smaller coffee shops often have a profit margin as low as 2.5%. In the COVID-19 era, these margins have shrunk for many coffee shop owners. Between patrons working from home and shutdown orders, the days of customers hanging out, buying multiple drinks, or getting an…