Write Your Business Plan
Before opening your business, its important to sit down and write a detailed business plan. This plan will serve as your guide as you start your business, and it helps to get you organized. By defining your target market, the types of products youll offer, how your business will operate, menu, suppliers, and projected income and expenses, youll have a clear path outlining the steps you need to take to succeed. If you need to apply for financing from a bank or investor, your business plan will be an important part of your application. Multiple sources have also found that taking the time to develop a business plan increases the chance of success.
Related:Free sample business plans
Reasons For Getting Boba Training
However, learning how to make delicious bubble tea is only one of the reasons why you need Boba Training. This training classroom actually teaches you a lot more than just mixing the different kinds of bubble teas. It teaches you about the history of the product and the industry itself and also gives you an idea about the different tools and equipments that is used in making the best Boba and flavored teas.
Personalized One-on-one Hands-On Training
Step : Define Your Vision
Another crucial factor that will define the success of a Bubble Tea shop is your vision. Undoubtedly, your dreams are big and you have already imagined your café to be up and running. But what would help in making your dreams come true is a clearly defined vision. From helping you to pick a name, choosing the perfect location, and settling on the apt décor, your vision will help in all! Are you choosing a trendy shop? Then youll need trendy decor, a trendy name, and a trendy location. Are you choosing to create a traditional shop? Your decor, name, and location should reflect more traditional values.
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Write A Business Plan
Having a well thought out bubble tea business plan can help you through several facets of building your store. This document can not only serve as a strategic roadmap for you, it can also help your brands communication with banks, sponsors, manufacturers, and the marketplace so that you can better reach your goals. Since this plays a vital role in the creation of your business, make sure that each component of your plan works well with one another.
What Is Boba Milk Tea
Just in case you didnt know, boba milk tea is a refreshing drink that originated in Taiwan. Its a sweetened iced tea with cream and chewy, tapioca pearls sit at the bottom of the drink. You eat the pearls with a wide straw.
Now there are so many variations for boba milk tea with different kinds of teas and toppings. For this recipe, we are focusing on the classic milk tea flavor.
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Choose A Catchy Business Name From The Ideas Below
Generally, when the time comes for you to choose a name for your business, you are expected to be creative because whatever name you choose for your business will definitely create a perception of what your business entails. It is a norm for people to follow the industry trend when naming their business.
If you are considering starting your bubble tea company, here are some catchy names you could choose from
- Peace Tea
- Simple Moment Tea
Now Back To How To Open A Boba Tea Shop
Successfully opening a bubble tea shop boils down to 4 main components:
- Quality Product Sourcing
- Good Recipes
- Training and Proper Technique
Bubble Tea was invented in Taiwan and to ensure the best quality ingredients and processes. It would make sense that you should source your products from Taiwan.
For more information on product sourcing, how to open a bubble tea shop or how to add bubble tea to your existing menu.
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What Are Some Skills And Experiences That Will Help You Build A Successful Bubble Tea Business
You must find a location with ample foot traffic and a young, educated population. Its also important to find competitively priced ingredient vendors so you can maintain the highest possible margins. You should also have a strong customer service outlook. Your customers will return for you and the atmosphere you provide as much as for the bubble tea you sell.
How Much Does It Cost To Start A Bubble Tea Business
Most bubble tea franchises cost between $75,000 and $500,000. Large locations and those in populous cities are likely to cost on the high end of that spectrum. Kiosks and stores in shopping centers or airports tend to cost less to get started. The majority can get up and running for between $125,000 and $200,000.
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Key Things To Know When Starting A Business
When it comes to starting a new business, you want to look at a variety of factors. Some of the most crucial to look into are the location of your shop and where you will be sourcing your food or drink from. In addition, you need to be aware of competition in the area, which makes it more difficult for you to succeed in your business.
Cost is always an essential factor to look at, including a business loan, equipment to purchase, rent, permits, and other legal affairs.
Lastly, what you put on the menu will dictate how well your business prospers. Listen to your customers and add new items as needed. If you do, your business will be thriving in no time!
Things To Know About Making Boba Milk Tea
- When the boba is cooked, it must be used within 4 hours at room temperature.
- Once you put it into the fridge, it will harden up and no longer be chewy.
- Dont make this recipe with quick cooking or 5 minute tapioca pearls as they cook differently.
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Step : Choose The Right Bubble Tea Equipment And Disposables
The next and the most important step towards opening a Boba Shop is the purchase of the equipment and utensils. Buy the most essential stuff like Bubble Tea scoops, Bubble Tea Cup Sealing Machine, and Bubble Tea Cups. Also, dont forget to buy the most prominent elements of Boba Tea i.e. Boba Tapioca Pearls, Popping Pearls, Bubble Tea Jelly Toppings, and Tea Zone Syrup. You can easily get all these things online from us as your Bubble Tea Catering Supplies provider.
Conduct Market Research And Feasibility Studies
- Demographics and Psychographics
The demographic and psychographic composition of those who drink bubble tea and its allied products are as follows:
- Sports men and women
So, if you are looking towards defining the demographics for your bubble tea business, then you should ensure it cuts across various age groups and professions.
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Step : Research The Bubble Tea Business
You cant start any business just out of nowhere! You will need realistic ideas and a practical business image in mind to start a Bubble Tea business. For this, you will have to seek out some existing and successful Bubble Tea Shops. Thus, the very first step on how to open a shop is, visiting various Bubble tea shops and recognizing their distinctive successes. Do they offer a local twist to bubble tea? Some shops in the south use sweet tea instead of traditional tea.
Funny Bubble Tea Business Names
Whether youre planning on opening your first bubble tea shop or your 100th, you should definitely make sure that your name is humorous. Just kidding! But seriously, you should come up with a good name.
Your bubble tea shop could be one of the coolest on the block, but without a hilarious name, itll just be another hole in the wall. Youre aware of this, so youll want to make sure the name you choose stands out and makes your customers remember it when they share on social media.
- Bubble Off
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How To Make Bubble Tea
I love taking walks.
You see, to break up the workday, Ben and I go for a walk around mid-day. And it isnt all that uncommon for our path to take us past a bubble tea shop.
Were pretty lucky Here in our neighborhood in Brooklyn, were flanked by more than a few shops that sell boba tea.
And once or twice a week, I love to indulge in a fruity milk tea. It makes that walk just a little extra special.
Recently though, I started making my own bubble tea at home and taking it with me on my afternoon walks.
Not only can I tailor the flavor of the tea to my personal taste but I save a TON of money in the process!
I think when you see how easy it is to make bubble tea at home, youll make the switch as well!
Wanna learn how to make bubble tea? Well, lets go!
What Is Bubble Tea
Bubble tea, or boba, is a Taiwanese treat that has become incredibly popular in the United States. The word boba is used more broadly to refer to any drink with something in it, such as fresh juice with chunks of fruit. Bubble tea is a version of boba that involves black tea, milk, ice, and tapioca pearls the bubbles in bubble tea.
These pearls are made from tapioca starch. The hard white tapioca pearls are boiled and then steeped in a sugary syrup for hours until they become large, chewy, and take on a black color. Bubble tea is offered in a range of flavors, from mango to strawberry to matcha. Other teas or even coffee may be substituted for the traditional black tea.
Bubble tea is served in clear cups to allow customers to see the tapioca pearls. Fat straws are a must for bubble tea so that the bubbles can shoot up the straw as a person drinks.
This drink has become incredibly popular both in Asia and here in the United States. The industry is expected to grow by $2 billion to $4.3 billion by 2027. The United States is expected to account for 18.7% of the global bubble tea market by 2026.
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What Equipment And Supplies Do You Need To Open A Bubble Tea Shop
To open a boba tea store you will need some basic supplies and equipment like cups and straws, utensils a Sealing Machine, Shaking Machine and Fructose Dispenser. Depending on the budget of your store you can start with custom cups and all of the machines or if youre on a low budget you can start with clear cups and just a sealer machine. Custom cups and other machines can be added later once your business starts to grow.
The most basic bubble tea machines are a Sealer Machine, Shaker Machine and Fructose Dispenser. We also carry Automatic Boba Cookers, Tapioca Pearl Makers blenders and Automatic Tea Brewers.
Sealer Machines are one of the most iconic bubble tea machines. They put a plastic seal on your plastic or paper cup which the customer then breaks open with their fat straw. This creates part of the bubble tea experience and adds to the fun of drinking bubble tea. Sealer machines can seal PP, PET and Paper cups. Just make sure that you order the correct size sealer machine and sealer film. For example, for PP cups you will need to use a 95mm Sealer Machine with PP sealer film. While with PET cups you will need to use a 98mm Universal Sealer Machine with PET sealer film.
Shaker Machines make shaking your bubble tea easy and fun. The most popular model is the SK300 table top model which is easy to use. All you need to do is plug it in, place your shaker cups in the machine and press start.
Figure Out Your Finances
Next up, you need to work on the financial aspects of the business. This will include your monthly rent, utilities, number of employees, and miscellaneous expenses. Once you’ve done a business plan, you can now apply for a loan or attract potential investors.
Do not forget to include your menu items in the business plan. Finalize the number of regular drinks and snacks, and make sure to offer a variety of choices so you can stand out from the competition and wow possible investors.
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Develop Strategies To Boost Brand Awareness And Create A Corporate Identity
In promoting your brand and its corporate identity, you would need to leverage on both the electronic and print media and also make use of the internet. Nowadays, you would save cost and reach more people by using the internet and social media platforms to promote your brand.
Another strategy is to sponsor TV and radio programs and advertise your business in relevant magazines and newspapers. Here are some platforms you can use to boost your brand in order to promote and advertise your business
- Roll out adverts in local newspapers, magazines as well as on radio and TV
Put Together Your Marketing Plan
Finally, you will want to begin the process of marketing your business. Create a website and social media pages for your bubble tea store. Be sure to include your menu, prices, address, hours of operation, and pictures of your store and products. Taking these steps will ensure that customers can find you and may be an important piece of your business success.
Starting a new business can be overwhelming, but if you break the process down into tiny steps, it becomes much easier to tackle. For further reading, you may also be interested in our resource guide for coffee and tea shops. It includes resources for creating a mission statement, putting together your business plan, picking the right location, gathering required equipment, managing inventory, and more.
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Shop Rent And Decoration Cost
How much does it cost to open a bubble tea shop? Compared with other expenses of opening a shop, the rent and decoration investment are relatively large. Next, lets look at the rent and decoration expenses needed to open a milk tea shop.
Rentcost: running a bubble tea shop, choosing different location, and the size of the shop will lead to different rent. But generally speaking, milk tea shops do not need a large area, 20 square meters is enough, so the rent for running a milk tea shop is not too high. We take 20 square meters of shops as an example. The annual rent of such shops in the first tier cities is about 50000 yuan, only 20000 yuan in the second tier cities, and even less in the third and fourth tier cities. 10000 yuan is enough.
: the decoration of bubble tea shop is relatively simple, mainly reflecting the warm and delicate feeling. Typically ,if you are inline shops, you need bar counter and working bench, as long as commercial kitchen. but if you are starting a bubble tea kiosk in shopping center, you will need a full kiosk set.
The store needs to have a serving bar and some leisure table chairs, seating booth etc. So, altogether The decoration cost is about $20000-$40000, but a mall used bubble tea kiosk are just need $8000-$15000,. The cost are quite different which depends on the decoration grade and the area of the milk tea shop.
What Should I Name My Bubble Tea Shop
Welcome to the world of bubble tea! Its overflowing with delightful, colored balls that float around in a tasty drink, and youre about to learn how to enter this thrilling and delicious business.
Trying to find the perfect name for your business can be a daunting task. And with most names already taken, youll have to get creative if you hope to stand out from the crowd.
Its no surprise that a successful business needs a great name. After all, you dont want to waste time and money promoting your business to new customers only to discover that they cant remember your company name. A common mistake is to choose a name that doesnt stand out or one that conveys the wrong message.
The first thing to do is brainstorm some names. The more, the better! Dont censor yourself either write down every idea that pops into your head, no matter how silly or farfetched it may seem. Once you get started on the brainstorming process, its easier to narrow down your choices than try to come up with ten specific names from scratch.
Next, narrow down your list of potential names by brainstorming their meanings and trying them out on other people. You probably have a good sense of what kind of name fits your brand and what doesnt already, but asking others can help confirm this as well as give you valuable feedback about the names on your list.
Here are some tips for coming up with an effective yet memorable name for your bubble tea shop:
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