Are you ready to take charge of your destiny by becoming your own boss? Opening a frozen yogurt shop may be the perfect opportunity for you! Frozen yogurt shops continue to be in demand, and their low cost of ownership make them a natural choice for budding entrepreneurs. Successful businesses do not happen by accident, though – they require careful planning and implementation. To help you find success with your own frozen yogurt business, here are a few basic tips on how to open a yogurt shop:
Determine Your Business Type – Should you open a franchise or an independent frozen yogurt shop? There are pros and cons to opening a franchise – they have instant name recognition and established products, procedures, and suppliers, but come with rigid rules and a monthly fee. An independent business allows you to control every aspect of your business, but comes with more responsibility. Carefully gauge your experience level and abilities before you make your decision.
Create a Detailed Business Plan – Before opening a frozen yogurt shop, you should perform a market analysis of your local area. Determine how many frozen yogurt shops are already in the area, how busy they are, and whether there is demand for another local shop. Plan your business goals for the first three years, and detail how you are going to accomplish these goals.
Seek the Perfect Location – Frozen yogurt shops are heavily dependent on foot traffic for their success. Any site you choose should have high visibility, be easily accessible, and have adequate seating space. Beaches, parks, and malls are ideal locations for frozen yogurt shops. Before settling on a location, visit the site at different times to gauge the number of potential customers.
Find Your Flavors – Experiment to create your own formula or run taste tests to find a commercial mix that meets your standards. Select a range of flavors to offer – current trends favor tart, tropical flavors. Decide which toppings you want to offer and what additional products you want to feature. Once you finalize your choices, contact suppliers and set up a delivery schedule.
Equip Your Shop – Look around for the best prices; pre-owned equipment can save you a great deal of money, but be sure any reconditioned equipment comes with a warranty. The standard equipment every frozen yogurt store needs includes:
- Frozen Yogurt Machines
- Refrigerated Display Counters
- Frozen Yogurt POS system
- Integrated Scales
- Drink Machine
- Topping Containers
- Frozen Yogurt Mixes, Toppings, Sauces
- Consumables such as Treat Cups, Spoons, Napkins, Drink Cups
Market Your Establishment – Begin marketing your yogurt shop weeks before you open your doors to ensure your profitability. Everything about your business should be aimed at bringing in customers; keep that in mind as you choose your name and design your décor. Invest in signage that gets your shop noticed, and get the word out to the local community that you are ready for business!
One essential part of opening a successful frozen yogurt shop is choosing an affordable, full-featured yogurt shop point of sale system. Calypso’s yogurt shop POS features an integrated POS scale that uses Tare Weights to reduce product weight by the weight of the cup and can configure multiple cup sizes. Calypso’s POS system with scale reads the yogurt weight from the scale automatically, reducing employee errors by eliminating the need to re-key weights manually. Integrated credit card processing, optional recipe tracking, and labor scheduling are just a few of the many other features Calypso offers. Contact Calypso today at 800-771-7100 to start on your path to yogurt shop success!