Larana Coffee Shop

[Audio] Our presentation today is about Kókó & Kofi, a one-of-a-kind coffee shop experience that merges African customs with international flavors. We are eager to reveal our concept to you today..

[Audio] Our company has two main functional areas of business. The operations area focuses on providing high-quality products and services to our customers. This involves managing our supply chain, manufacturing processes, and distribution networks. We aim to ensure that our products reach our customers in a timely and efficient manner..

[Audio] Our company has four main functional areas of business, including operations and human resources and services. In operations, we strive to provide top-notch products and services to our customers by effectively managing our supply chain, manufacturing processes, and logistics. In human resources and services, we prioritize the well-being and growth of our employees by offering training programs, employee benefits, and other support systems to ensure their overall success and job satisfaction..

[Audio] Our marketing strategy focuses on building strong relationships with our customers through effective communication and targeted advertising. We have identified key demographics and tailored our approach to reach them effectively. Our finance team works closely with our marketing department to ensure that we are allocating resources efficiently and maximizing our return on investment. As we move forward, we will continue to monitor and evaluate our performance, making adjustments as needed to stay competitive in the market..

[Audio] Kókó & Kofi is a new traditional coffee shop located in Wuse II Abuja, inspired by two cultural elements. "Kókó" represents local African ingredients like cocoa and millet-based porridge, symbolizing tradition and nourishment. "Kofi" is inspired by the Akan name for males born on Friday, reflecting vibrancy and warmth, and cleverly playing on the word "coffee". The coffee shop aims to provide a unique and authentic experience, fusing African roots with global coffee culture. Customers are encouraged to sip, savour, and smile when visiting the shop, which strives to bring people together through the shared love of coffee..

[Audio] We source our coffee beans and other farm produce locally from various sources including fresh farms in Abuja such as Almat Farms our own homegrown farm and local farmers in neighboring states like Jos and Kogi. This approach allows us to ensure the quality and freshness of our products while also supporting the local community..

[Audio] Kókó & Kofi, established in 2025, aimed to redefine coffee culture in Africa by combining African and global flavors. To achieve this vision, the company created a modern Afrocentric atmosphere, introduced Extended Reality (XR) experiences, and promoted community engagement. Ultimately, Kókó & Kofi strives to become a successful franchise, comparable to global brands such as Starbucks..

[Audio] Our business is structured around four functional areas including operations, marketing, finance, and human resources and services. Each area plays a crucial role in our overall success. Our operations team ensures that we deliver high-quality products and services to our customers. Our marketing team promotes our brand and attracts new customers. Our finance team manages our financial resources effectively, allowing us to invest in growth opportunities. Our human resources and services team develops our employees and provides them with the support they need to succeed. By working together, these teams enable us to achieve our goals and continue to grow and thrive..

[Audio] We must procure and source high-quality farm produce to use in our beverages, including selecting the finest coffee beans and other essential ingredients. We must also procure and source other necessary stationery items such as coffee cups. Regular equipment checks are crucial to maintain the functionality of our machines and appliances. We must conduct stock inventory checks to ensure that our shelves are fully stocked with products. Cleanliness and hygiene checks are vital to maintaining a healthy and safe environment for our customers. Effective waste management practices must be implemented to minimize our impact on the environment. Performance reviews will help us identify areas for improvement and optimize our processes. Regular repairs and servicing of our equipment are necessary to prevent downtime and ensure continuous operation. Finally, we must manage events carefully to ensure they run smoothly and efficiently..

[Audio] The Coffee shop will require a diverse team of professionals to ensure its daily operations run smoothly. Our staffing plan includes key positions such as an Owner/Manager who will oversee the overall direction of the business. We also have a Finance/Account Officer responsible for managing our financial transactions. Four skilled Baristas will provide exceptional customer service by crafting high-quality beverages. Two Pastry Chefs will create delicious treats to complement our menu offerings. At the front desk, we'll have a dedicated Front-Desk Attendant to manage XR Area interactions. To maintain a clean and welcoming environment, we've hired a reliable Cleaner. Our Cashier will handle transactions efficiently, while our Social Media Manager will promote our brand online. With this comprehensive team in place, we're confident in delivering an outstanding experience for our customers..

[Audio] Our services encompass a diverse array of beverages, including premium coffee blends, African-inspired lattes, and teas. Additionally, we provide smoothies and non-caffeinated options for those who prefer. Furthermore, our XR Experience Zone enables customers to engage in immersive digital experiences. Moreover, our Book Lounge showcases a carefully selected assortment of African literature and global bestsellers. Lastly, our Kofi Kreators station permits customers to craft their own signature coffee blends. Whatever your preference, whether it be a taste adventure or a moment to relax, we cater to your needs..

[Audio] Our marketing strategy will focus on building strong relationships with our target audience through various initiatives. We will start by implementing a staffing plan that ensures our team members are well-trained and equipped to provide exceptional customer service. This will enable us to build trust and loyalty among our customers..

[Audio] The Coffee shop finance area plays a crucial role in ensuring the smooth operation of our business. This team is responsible for disbursing funds for various procurement activities, including the purchase of essential items like coffee machines and equipment. Additionally, they manage the payment of wages and salaries to our employees, ensuring timely and accurate compensation. Furthermore, budgeting is a key function of this department, as it enables us to plan and allocate resources effectively. Moreover, acquiring and disposing of assets such as vehicles, furniture, and fixtures is also part of their responsibilities, taking into account depreciation and wear and tear. By performing these tasks efficiently, the finance team helps maintain the overall financial health of our business..

[Audio] . The Coffee shop finance area is responsible for the following to keep a smooth running of the business:.

[Audio] The growth of the coffee industry in Nigeria has been remarkable over the years. According to Helgi Library, Nigeria's coffee consumption per capita has increased significantly since 2021. This trend is expected to continue, with Williams & Marshall Strategy forecasting a steady growth in the market until 2025. The Federal Ministry of Health, Nigeria, also reports that beverage consumption trends in Nigeria indicate a rise in demand for premium coffee blends. Furthermore, SmartScrapers notes that coworking spaces have been growing rapidly in Nigeria, providing opportunities for entrepreneurs to establish coffee shops. Statista's data on the coffee shop market in Nigeria shows that there is a significant demand for specialty coffee beverages. The International Coffee Organization also reports that Nigeria is one of the fastest-growing coffee markets globally. These statistics demonstrate the potential for growth in the Nigerian coffee industry, making it an attractive investment opportunity..

[Audio] The references provided indicate the necessity of being aware of the global coffee consumption trends and forecasts for businesses operating in this sector. According to the International Coffee Organization, global coffee consumption trends and forecasts are essential for companies in this field. The Harvard Business Review article stresses the requirement for coffee shops to combine experience with technology to remain competitive. In Nigeria, establishing a food and beverage business necessitates adhering to regulations and permits, as stated by the Nigerian Investment Promotion Commission. The Business Day Nigeria article highlights the growing coffee culture and business opportunities in Abuja. Lastly, Deloitte's report on Africa's evolving consumer market identifies opportunities in coffee and specialty beverages. These references illustrate the importance of remaining informed about industry trends and developments when running a coffee shop like Kókó & Kofi..

Thank you!.