Hi friends all over the world, did you know that your can start a modern coffee shop with US dollars 200,000, approximately UGX. 760,000,000?
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See the breakdown:
- Modern equipment to cost , USD. 100,000 approximated to UGX. 360,000,000
- Rent costs between USD 1500 – 6000 approximated to UGX 5,700,000 – 22,800,000, depending on which town one wants to set up the shop. Initial deposits could lead you to invest about USD. 50,000 (UGX. 190,000,000)
- Advertisement and branding could cost about USD. 20,000 roughly UGX. 76,000,000
- Labour, administration and registration may cost USD. 10,000 (UGX. 38,000,000)
- Stock may require an initial investment of USD. 20,000 (UGX.76,000,000)
We shall know how much one is expected to earn per day, month and a year after investing a hopping USD. 200,000 (UGX. 760,000,000) in setting up a modern coffee shop. Keep following my work.