Alexander William Schifter

Opening a café is an exciting venture that can lead to great success if approached thoughtfully and strategically. However, it’s essential to plan and address various aspects of the business to ensure smooth operations and profitability. Before diving into the café industry , there are several key considerations to keep in mind. From location and menu design to understanding local competition and staffing, every decision matters. Below are five critical factors you should evaluate before opening your next café. Location: The Heart of Your Café One of the most important factors to consider when opening a café is its location. The success of your business often depends on how accessible and visible your café is to your target market. A prime location can attract foot traffic and enhance brand exposure. For instance, a café near a busy shopping area, a college campus, or a business district is more likely to attract customers. However, prime locations often come with higher rent costs. It...

Entrepreneurship has long been associated with innovation, risk-taking, and wealth creation. Yet in recent years, a more compassionate and holistic form of entrepreneurship has emerged—one that values impact over income. Modern entrepreneurs are not only focused on building thriving businesses, but also on creating meaningful change in the world around them. Giving back is no longer an afterthought; it’s becoming vital to the entrepreneurial mindset. This growing fusion of business and philanthropy is changing the narrative of what it means to be successful. Entrepreneurs now see themselves as community builders, problem solvers, and agents of change—roles that go beyond profit margins. In this new landscape, purpose and profit are not in conflict but can work harmoniously to uplift people and communities. Business With a Mission Many entrepreneurs are launching businesses with social impact baked into their core operations. Rather than focusing solely on consumer demand or financial ...