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: https://www.youtube.com/watch?v=FOdRRuI4g5E

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.

To learn more about Woods Coffee or to get their latest merchandise visit: https://woodscoffee.com/.

For additional information and resources on opening a coffee shop, visit our blog: https://www.upflip.com/blog/opening-a-coffee-shop

Watch another one of our videos on starting a coffee shop business: https://www.youtube.com/watch?v=Fx7tEfEXLo0

#openingacoffeeshop #coffeeshopbusiness #startingacoffeeshop

Timecodes:
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