Have you been dreaming of starting your own tea shop? Perhaps it’s always been a goal of yours but you have never quite had the time to get around to it? Or maybe you are convinced that it is just a pipe dream and not something that you can realistically pull off. Whatever the case, we believe that you should go after your dreams! There is no limit to what you can achieve; all you need to do is research, plan, and then execute.
1 – Create a business plan
Creating a business plan can feel daunting, but it’s not as difficult as you might think. That, and there are plenty of resources out there which can help you with everything you need to know. Take your time, and never be afraid to ask for help. With a solid business plan in place, you might even be able to acquire a business loan if that is the road you would like to take.
2 – Register your business
Once you have a plan in place, the next step would be to register your business. This can be done through your local government website. Again, if you aren’t quite sure, or feeling overwhelmed, there are plenty of resources that can give you a step by step on how to register your business and create a legal entity.
3 – Register for taxes
The next step is to register your business for taxes. This is a crucial step and not something that you should gloss over. Paying tax is paramount and if you wish to run your business without a hitch, you need to be aware of how much you need to pay into your taxes.
4 – Open a business bank account
And of course, you mustn’t forget a business bank account. After all, you’ll need somewhere to direct all of that beautiful money you are going to be making with your awesome new tea shop!
5 – Set up your accounting
If you aren’t so hot on numbers, don’t worry! There are countless software options available to help you manage your books with ease. Having said that, if you would prefer not to have to worry about it at all, then it is definitely worth seeking professional assistance and hiring yourself an accountant / bookkeeper to assist you.
6 – Obtain all necessary permits and licences
Setting up a teashop requires that you have the necessary permits and licences. Serving food and beverages without these is illegal and ill-advised.
7 – Don’t forget business insurance
You will also want to secure your business with business insurance. You never know what life might throw your way and having that financial security in place is an absolute must!
8 – Define a beautiful brand
The key to standing out from your competitors and creating and running a successful tea shop, is to define a beautiful brand that your ideal customers can resonate with. Take a look around at your competitors and see what is available. Get creative and have fun!
9 – Create an attractive website
No business should be without a website. Again, if you aren’t so savvy with this side of things, you certainly won’t struggle to find a decent web developer to help you design, build, and manage your website going forward. This is a great place to house your menu, contact details, and all other necessary information that your potential customers will require.
10 – Set up a business phone system
And of course, having a phone line in place is crucial for receiving local calls, bookings, and enquiries. Using your own mobile number is not advised, as you’ll want to be able to leave work in the tea shop and come home to some peace and quiet without your phone going off every five minutes!
This information should be helpful with getting the basics locked down. Of course, there are other things to worry about in the future, such as marketing, acquiring clients, running local SEO, establishing your Google My Business (GMB) page, and so on. In any case, these 10 steps should have you well on your way to getting started with your dream tea shop!
For more inspiration, we recommend researching your local tea shops, such as Brookfield House in Camden. Learn from the best and make your business even more exciting!