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The Ultimate Mobile Coffee Business Plan: On a Budget

The Ultimate MobileCoffee Business Plan: On a BudgetBUSINESS INSURANCE BROKERBy PremierlineIntroduction pg 3 Advantages and Disadvantages of running a Mobile Coffee Business pg 3 ContentsBusiness Status pg 4 Deciding how to trade

running your coffee cart in a city centre, as opposed to a suburb or town (these areas will require a separate licence). If you have a specific location in mind, this is worth mentioning in your application. Declaring this in the beginning will save you lots of time, as general licences are usually much harder to come by.

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Transcription of The Ultimate Mobile Coffee Business Plan: On a Budget

1 The Ultimate MobileCoffee Business Plan: On a BudgetBUSINESS INSURANCE BROKERBy PremierlineIntroduction pg 3 Advantages and Disadvantages of running a Mobile Coffee Business pg 3 ContentsBusiness Status pg 4 Deciding how to trade

2 Pg 4 Buying stock pg 7 Sourcing stock from wholesalers pg 7 How much stock to buyLicences pg 5 How to obtain a licence to trade pg 5 Trading in public places Trading on private land Obtaining a licence from an agency Equipment pg 9 Things to

3 Pg 9 How to power your equipment pg 9 Use an inverter generator Use a leisure batteryCoffee machine hire pg 10 Van.

4 Bike or Coffee cart hire pg 10 Marketing pg 12 Generate word-of-mouth pg 12 Taking payments pg 11 Considering card payments pg 11 Getting a website pg 13A virtual shop

5 Window pg 13 Insurance pg 14 Protect your Business against the unexpected pg 14 Covers to considerOur contributors pg 152If you have an interest in Coffee and enjoy working with the public, a Mobile Coffee Business could be a great way to earn a living.

6 You can choose your own hours and, as Mobile Coffee businesses can operate from a Coffee cart, van or bike/trike, they are extremely adaptable, enabling you to trade from a variety of locations, including festivals, outdoor events, functions, weddings and more. Work through our simple guide for building your Mobile Coffee Business plan , and you could start trading for as little as 5, start-up costsPotential for long working hoursOn trendCompetitive industryFlexible working hours mornings, weekend work and late nights if you chooseFinding a suitable location to set up shop A year-round productAdvantages and Disadvantages of running a Mobile Coffee business3 One common question asked by prospective Coffee cart owners is which Business status is most suitable for a Mobile Coffee Business .

7 Whether to trade as a company or an individual. The truth is there is no straightforward answer. Both have advantages and disadvantages, as well as tax, legal and financial documentation provided by the Central Government website is particularly useful if you are unsure about how to structure your Mobile Coffee Business . Options include: Limited Company Limited Liability Partnership Partnership Sole TraderMany Mobile Coffee businesses operate as sole traders because this allows them to keep 100 per cent of their profits (after tax). The downside of this structure is that they are personally responsible for any losses the Business may incur.

8 In contrast, a private limited company separates the individual from the company. This also means the Coffee company s finances are separated from the individual. If you choose to form a limited company, you will need to nominate at least one company director and register the Mobile Coffee Business via Companies House. Once you have chosen the structure most relevant to your Business , you must register with HM Revenue and Customs (HMRC) . Business status If at all possible, work alongside a larger Business , as you share the cost in rents/utilities in a partnership set up, and it can mean you can offer something more rounded in terms of concept.

9 Luke Tomlinson, Grindsmith (Independent Coffee chain)Deciding how to trade4 LicencesObtaining the correct licence(s) for your Mobile Coffee Business will depend on where you want to trade, and what you want to sell. For example, if you want to sell small snacks alongside your Coffee , you will need to provide your local council with information about where your food is prepared. If you plan on serving hot drinks at unlicensed premises, you may need to contact your council for a Temporary Event Notice (TEN).Trading in public placesFor clarity, let us assume that you just want to sell Coffee from a Coffee cart, and you trade in a city centre.

10 You will need to: Apply for a Street Trading Licence. This is required if you plan on running your Coffee cart in a city centre, as opposed to a suburb or town (these areas will require a separate licence). If you have a specific location in mind , this is worth mentioning in your application. Declaring this in the beginning will save you lots of time, as general licences are usually much harder to come by. Your local council should be able to provide you with a list of street names or areas where trading with your Coffee cart is prohibited. Whether or not an application is granted depends if any objections are made during the consultation period, for example, by residents, businesses, other street traders, local police, transport companies, or the City Council s neighbourhood teams.


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