Zikra Haroon’s Post

Three years ago, we took a step that we knew would change the game. Long before BNPL became a buzzword, BeanBurds partnered with Tabby to offer flexible payment options for our customers. We saw the trend coming and acted early—and the result? Our revenue grew beyond what we expected. As we worked with small and medium-sized businesses over the years, one thing kept coming up: cash flow. We heard time and again how businesses were struggling to grow and invest in the tools they needed. That’s why today, I’m excited to share that BeanBurds is expanding our BNPL offering to businesses, with approvals of up to 1,000,000 AED available in just one day. If your business has a UAE trade license and at least 6 months of revenue, we’ve got a solution for you. Whether you’re running a café, restaurant, or need a steady coffee supply for the office, this could help ease your cash flow without compromising on quality. Know a business that could benefit? Share this with them or reach out to me directly—let’s chat about how we can help. Curious about how it all started? Check out our journey with Tabby:

Before The Markup, Here's How Much A Cup Of Coffee Actually Costs-- entails paying everyone a living wage and offering high-quality drinks "Was it the experience? Was it the beverage? What was the miss for you on that? is the bigger question” first quarter of 2024 customers paid on average $3.08 for a cup of regular coffee, $5.14 for cold brew and $5.46 for a latte “Cold brew is one of the worst margins for a coffee house in general” “Cold brew is one of our most expensive items. It’s the item that’s consistently underpriced, but everything else makes sense from a business perspective.” Klatch charges $5.50 for a cup of cold brew. : two major costs: the cost of goods — she said it should hover around 36% of their overall costs — and payroll, which averages 30% of overall costs in California “If you take up just those two, you’re already at 66% of whatever the menu price says” Then, a business has to add in the cost of labor, insurance, rent, pest control and laundry, all of which add around 20% more “It’s looked at overall as the whole business, not on an individual item basis. We’re already at 86% and we don’t really have any forgiving things in there. This is not a great business, but this is a solid business” “Your espresso is your biggest cost” “Espresso is more efficient than pour-over, but still not as efficient as batch brew” “If you look at coffee houses, there’s a lot of them that go out of business” “Why do they go out of business? I think the reason coffee houses go out of business is the same reason restaurants go out of business. A lot of times it’s a hard business to be successful in There’s so many chains out there, so many places people just naturally gravitate to. It’s really hard to get the consumer’s attention”

We don't apologise for being more expensive than others because we know we offer an award winning product, that comes with an important back story as part of a growing English market. This was the impassioned explanation from a volunteer at a local community vineyard when we visited for their annual open day over the weekend. There was not a hint of doubt that the wine produced was not "worth" the fee charged and a solid belief in the vineyards "why", values and purpose. The visitors agreed with plenty of wine selling at about 50% more per bottle than a similar product could be bought for in the supermarket. Business owners could learn a lesson from this approach when it comes to pricing and believing in the value their product or service offer. Objections to buying are rarely about the price itself and more about not understanding the value you offer or the impact you can have on your client. Do you agree?

Hi All, Today, let's discuss another significant line item in the P&L: gross margin. *Maximizing Profit Potential: Insights into Gross Margin Strategies* For those unfamiliar with the gross margin calculation, here is the definition: Net Sales - Cost of Goods Sold (COGS) = Gross Margin Net Sales: Sales after taxes. Cost of Goods Sold: The cost of buying raw materials for making your product. For example, in the burger business, this includes the costs of buns, patties, sauce, onions, tomatoes, other ingredients, and the paper to wrap the burger. Note: some companies also include logistics costs in COGS depending on their business model. Before diving into the details of improving gross margin, it is crucial to adopt a strategic approach when increasing product prices to ensure this does not negatively impact sales volumes or customer satisfaction. Please refer to my website sainilalit.com for the rest of the blog and share your feedback. If you think this article adds value, please subscribe to my newsletter.

This is a very interesting article on why you should PAY MORE for your daily coffee. https://lnkd.in/gCREnCsA As someone who has owned businesses with cafes having sold thousands of cups of coffee, employed staff, trained staff, supply chain cost increases etc. Seeing coffee beans rise over 25% from my wholesaler's to your cup prices increasing with eco friendly products hitting the market, along with all our other business costs increasing, yet consumer feedback being something is too expensive. I'm sure we will see even more coffee shops closing. With recent figures on a 12oz coffee at $6 a cup ( with alternative milks ) you are assuming at best 50cents net profit to the business owner. https://lnkd.in/gCREnCsA

Nowadays we see that so many businesses that offer a good quality product or service are struggling to scale with their business. 📈 But when they analyze the current situation they don't know where the problem is. 🤔 Is it coming from sales or other value chain problems? 🔄 In some cases, the answer is more simple than that! 😅 The whole business game is based on Getting Attention! 👀 And to get this attention, you need to reflect trust in the eye of your potential client. 🤝 Imagine you are walking on a street full of food trucks. 🚚 All these sellers got the same menu, literally the same menu, but there is only one who is full of people. 🤷♂️👫 All these customers are smiling and enjoying foods. 😊 Do you rather spend your money on another food truck because there is just no waiting line ? 🤔 And that's the point! 🎯 Having a good product does not mean that you are going to sell it, but there is another part of the formula : Good product/service + Attention = money machine! 💸

A business man let's call him Mr. EMEKA who runs a RESTAURANT approached me. He cooks jollof Rice, fried Rice, swallow with different types of soups, meats: beef, chicken, turkey, fish. His problem is that he cannot give account of what he is selling at the end of every sales. And he has about 3 employees working with him on daily basis, helping out with the sales. He does not know if the chicken money is complete, beef money is complete and other items he sells. They just sell and pack every money realized together. When it's time for procurement they restock. Some time after procurement, he will be left with nothing. So is as good as he didn't make any PROFIT. After listening to him I decided to organize his business for him. I introduced him to a software that can help him MANAGE INVENTORY and SALES which he welcomed. I went to his outlet, ✓ TOOK STOCK OF THE INVENTORY AT HAND, ✓ AUTOMATED HIS INVENTORY ✓ TAUGHT HIM HAVE TO MAKE SALES ✓ HOW TO ISSUE RECEIPT FROM THE SOFTWARE ✓ HOW TO GET HIS DAILY, WEEKLY AND MONTHLY REPORT FROM THE SOFTWARE ✓ HOW TO INPUT INVENTORY IF HE RESTOCKS ✓ SET THE SOFTWARE TO ALERT HIM IF ANY ITEM IS ABOUT TO FINISH. At the end he now knows: 1. If there is THEFT in his business. 2. The amount he makes daily. 3. His profit is intact. 4. When any item is about to finish so he will restocks. 5. His business is ORGANIZED GENERALLY. So if you are in the same shoe with Mr. EMEKA, Contact: NOBILITY DATA RECORDS to help you organize your business. Call or WhatsApp: 08067758900 Email: [email protected] I LOVE YOU 💯 #chinenyeayogueze #nobilitydatarecords

Right guys, it's October 👻, and it’s clear that the Indian summer isn't happening. That chill ❄ in the air signals one thing... 🎃 pumpkin spiced lattes are back! For coffee machine vendors, this season is about more than just seasonal flavours —it's about seizing the opportunity to sell 💰 hot drinks machines and accessories. 💲 At Causon Business Finance, we’re passionate about all things ☕ coffee, and helping SME's thrive. If you're selling espresso machines, grinders, or complete barista setup kits, we can help your customers to buy by spreading the cost (and paying less Tax 👩💻) with leasing. 🔺 Working with Causon Business Finance will help you to sell more. 🔺 Offering flexible payment options not only makes your equipment more affordable but also gives you a competitive edge in an increasingly saturated market. 🔺 We're an experienced team and we work closely with you to create bespoke finance packages to fit your customers' needs. 🔺 We have a quick approval processes and a proven track record in business equipment financing, to make sure your customers walk away with the coffee machine they need, without breaking the bank. 💷 🔺 When the lease ends, your customers may choose to upgrade to the latest models, meaning you’ve built in future sales 🤑 opportunities too! 🔺 Make sure your customers are brewing with the best machines, backed by a finance option they’ll thank you for. 🔺 It's free - why wouldn't you? 💥 Partner with us, and stand out as a flexible and customer-focused vendor. To learn more about our finance options and vendor sales solutions, reach out to us on 01455 250690. ☎ #taxefficient #lease #finance #causonbusinessfinance #vendor #sales #suppliersales #coffee #equipment #sme #broker #pumpkinspice #espresso #coffeemachines #knockbox #grinder #commercialfinance

NOI / cap rate = value NOI (or EBITDA or other cash flow metric) * multiple = value A 7% cap rate = 14.28 multiple 👆🏼 thus most fast food operators have no interest in owning their real estate. It is a “waste” of their equity. That equity could = more stores.

On a Thursday morning, I went to the fish market to buy fresh seafood. The market was loud, with vendors shouting their prices and promotions, trying to grab attention. I wandered through the stalls, noticing how differently each vendor approached their selling. At the first stall, the vendor was yelling, “Fresh fish! Only $10 a pound!” His stall was crowded, with fish thrown together haphazardly. The price was low, but I wasn’t sure if the quality was there. The noise made me hesitate I wasn’t confident in what I’d be buying. I kept walking and found another stall. This one was quiet, but the fish were beautifully displayed neatly arranged, clean, and fresh. The vendor wasn’t shouting. Instead, he was talking with a few customers, explaining where the fish were caught, how they were handled, and what made them so fresh. He didn’t have to push the sale the quality was clear. I asked a few questions, and he patiently answered, sharing his knowledge. I trusted him, so I made my purchase there. On the way home, I couldn’t help but think about how this experience is just like marketing a coaching business. Many coaches, like the first vendor, focus on shouting their offers throwing out promotions, discounts, and trying to grab attention quickly. But in the rush to sell, they often fail to build trust, leaving potential clients uncertain about what they’re really offering. The second vendor, however, knew that quality speaks for itself. He took the time to educate, to connect with his customers, and to show why his product was worth buying. Coaches who succeed don’t rely on loud promotions. Instead, they offer real value upfront, take the time to understand their clients, and build trust through expertise. In the end, clients, like me at the fish market, will choose the coach who listens, educates, and shows their worth not the one who simply shouts the loudest. #coachingbusiness #onlinecoaching