1. Research the Market: Understand your target market and competitors in your area.
2. Create a Business Plan: Outline objectives, strategies and action plans for success.
3. Secure Financing: Look into loans from banks and other investors/partners who are interested in your business.
4. Choose a Location: Look for places that have high foot traffic and are easily accessible with parking or public transportation.
5. Obtain Business Licenses and Permits: Ensure you comply with local, state and federal laws regarding the sale of bubble tea.
6. Purchase Equipment and Supplies: Select the right equipment and supplies for preparing, storing, and serving bubble tea.
7. Create a Menu: Design a menu that is unique to your business’ needs and tastes of your target market.
8. Hire Employees: Look for trained staff who are knowledgeable about bubble tea operations, such as bartenders and servers.
9. Promote Your Business: Advertise your business through social media, in local publications, and by word-of-mouth.
10. Track Financials: Monitor your income and expenses regularly to keep your business running smoothly.