Wa-wa makes a pretty nice cup of hot black stuff for when you’re on the go – and of course, you can grab your paper, your lunch for later, and fill your gas tank at the same time. I like to mix their powdered cappuccino (it’s too sweet to be the “real” stuff) with some rich, dark roast coffee. MMMMM.

If you have a good business plan, you might be able to convince your banker to loan you some money. Study the coffee business first, learn about all aspects connected to it like accounting, purchasing coffee machines, marketing, PR, management, location, and training staff. Write all those details in your business plan. Your lender will want to see a comprehensive business plan that shows you can open a coffee shop that is going to be profitable.

Starbucks is as consistent as they come. They use the same coffee in every store everywhere you go. You get the same cup of coffee almost every time, unless your Barista is entirely incompetent. Those machines are big and expensive for a reason; they’re mostly automated. At home, you can choose whatever variations you want. If you want to try something different every couple of weeks, you’re more than able to, and the difference in cost is negligible because a bag of ground coffee at .99 is still less than you’d spend in a week at Starbucks and it will last you much longer with your single cup brewing method.

Convenience is a factor too. You walk in, tell them what you want – no matter how odd or complicated – and they’ll put it together for you. It’s perfect for the non-fat, soy, single pump, half decaf crowd, but if you just want a little caffeine to wake you up, why go to that trouble? You can put your cup in and press start and in less than five minutes, while showering even, have your coffee ready for the morning commute.

If you want to figure out what the debt service is for this business, take the true discretionary cash flow and divide it by 33%, as the most a buyer should pay yearly on debt service is 33% of their cash flow. That number is then divided by 12 for the year. The result is the most that your business can afford to pay monthly, including a recoup of a down payment and still pay an owner, and remain solvent.

Third, if you enjoy talking or writing look into blogging. While this is not something that will allow everyone to strike it rich there are several bloggers all around the world who make comfortable six figure incomes just from the advertising they receive by blogging! This is an incredible field of money if you are talented and manage to find a hot topic and can write well.

Set intermediate goals so that you can measure your progress toward your ultimate goal. If you’re just getting started with an online business, for example, you need to understand that you have to make your first sale before you can start making 00 a week. A lot of rookies buy into the million dollar hype of some sales and then get discouraged when their first sale doesn’t happen quickly. And then they quit. Don’t make that mistake – set reasonable expectations.