As the nation recovers from the effects of the global pandemic, a noticeable shift within the workforce has emerged. More people than ever are transitioning away from traditional work environments in favor of self-employment. This shift is due, in part, to ultra-popular business opportunities like a personal coffee cart. A mobile coffee cart is a lucrative business, allowing workers to be their own boss and create a schedule that works for their lifestyle.
The Age of Self-Employment
Around 10% of the American workforce, or approximately 15 million people, are currently self-employed, an increase of over one million workers since 2016. While these numbers may seem surprising on the surface, a deeper look reveals the many benefits driving this self-employment exodus.
Owning an espresso cart or other business gives workers the flexibility to work when and where they want. You are in control of the products you sell, you set your hours, and you choose your business’s location.
Being self-employed gives you the freedom to bring your ideas to life. There is no limit to your creativity; if you can imagine it, you can do it!
Better Work/ Life Balance
Maintaining a healthy work/ life balance is a struggle in many traditional job settings, which is why many people turn to self-employment. You work when you want to, making it easier to enjoy your life and not spend your days stuck behind a desk or in a cubicle.
Unlimited Earning Potential
One of the greatest benefits self-employment offers is an unlimited earning potential. You’re not confined to typical 9-5 hours; you can work as much or as little as you’d like. Take, for example, a mobile coffee cart; Business owners can take their coffee cart to local festivals, concerts, carnivals, etc., where hundreds or even thousands of people are eager to purchase all of the menu options. When you’re self-employed, if you can dream it, you can achieve it!
The Reasons for the Growing Popularity of Self-Employment
Owning a business once seemed like an unachievable dream, accomplished only by the lucky few. However, changes in the country’s economic landscape have opened doors for everyone with the drive and desire to own a business to achieve success. Technological advancements provide online platforms for business owners to connect with new clientele, offering a space to interact with customers like never before.
Social media has transformed marketing, adding a personal aspect to once-faceless companies. Freelancers can work remotely from the comfort of their homes, saving time and money while reducing stress. In fact, everything you need to run a business successfully is now available at the touch of a button, from payroll and hiring to budgeting and advertising.
For those with mobile businesses like an espresso cart, tools like Square and Apple Pay make payment easy so they can operate from virtually any location across the country. With self-employment, the opportunities for success are unmatched across almost every industry, which is why the Bureau of Labor Statistics calculates there are currently more self-employed Americans than the country has seen in the last 15 years.
The Role of Coffee Carts and Mobile Business in the Self-Employment Trend
It comes as no surprise that Americans love coffee, with 7 out of 10 people drinking at least one cup a week. A coffee cart is a mobile shop offering this delicious beverage to customers on the go. While they may vary in size and shape, high-quality coffee carts contain the following features:
- Clean and gray water tanks
- Heavy-duty wheels
- Thoughtful counter space
- A lockable cash drawer
- Protective canopy options
- A wide array of add-on feature capabilities
Whether you live in an urban or suburban environment, a mobile coffee cart is an excellent self-employment business opportunity. Coffee carts are designed to meet people where they are, providing them with delicious beverages without the need to waste time finding a coffee shop. Many business owners choose to set up their espresso carts in local parks, along with popular thoroughfares, at festivals, etc., making it easy for their customers to get their drinks before or after work or during breaks.
In large cities like New York and Chicago, for example, it’s common to see coffee carts with long lines with eager customers looking forward to purchasing their products. Even if you live in a more suburban area, opening a coffee cart business is an excellent self-employment opportunity. Some of the benefits include:
- Excellent profit margins
- Low start-up cost
- High product demand
- Smaller overhead
- Year-round sales
Whether you’re just starting on your self-employment journey or have owned your own business for years, a mobile coffee cart is an excellent way to discover the freedom you’ve always wanted and the success you deserve!
With the growing popularity of self-employment, more people are leaving traditional jobs and discovering the joy of being their own boss. Thanks to technological and economic advancements, starting a business has never been easier. Self-employed entrepreneurs seeking a highly profitable enterprise know the value of owning a coffee cart. With a low start-up cost, unlimited earning potential, unmatched flexibility, and endless fun, there’s never been a better time to begin your own mobile coffee cart business. It’s time to take control of your future and become your own boss by starting a lucrative coffee cart business today!