Small coffee shops face 'reckoning'
After facing a boom in recent years, coffee shops are now facing a “reckoning,” writes The New York Times. There are 33,000 coffee shops in the US — a figure that includes major chains and smaller traditional stores — but the latter has seen fewer consumers as fast-food chains, grocery stores and more offer cheaper and specialty coffee alternatives. This year coffee shop growth is forecast to grow by a little more than 2%, the slowest rate in the last six years — a number that is predicted to continue declining in future years, particularly as the industry continues to consolidate.
As a business consultant, I've seen up and down cycles in all business types. If you own a coffee shop (or multiple locations) contact me as I connections to get you more cash via tax incentives and expense reductions which have an immediate impact on your bottom line.
Ter Scott
Bricks to Clicks Marketing Consultant
MONEY-MARKETING-MOTIVATION
WE HELP YOUR BUSINESS GROW IN 5 KEY WAYS: SPECIALIZED TAX INCENTIVES, CREDIT CARD MERCHANT AUDIT, WASTE AND RECYCLING AUDIT, WORK COMP INSURANCE AUDIT, PARCEL SHIPPING EXPENSE AUDIT.
Terry Scott is a Senior Agent with Stryde Solutions.
Terry Scott's team works with clients on a national level to identify
Specialized Tax Incentives and Expense Reductions.
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