Starbucks presents both exhilaration and demanding requirements when you open one of their stores according to the company standards. The primary Starbucks expansion strategy involves company-owned stores and licensed partnerships which demands you to seek a licensed store agreement to establish one. The following brief explanation details the necessary steps on How To Open Starbucks -

1. Understand Starbucks’ Model
American franchise options do not exist as part of Starbucks business model. The company enables its licensees to establish their Starbucks storefronts at airports and grocery locations as well as university campuses, hospitals and other select locations. Applying for a licensed store agreement stands as a requirement to establish a Starbucks establishment.

2. Meet the Requirements
The company maintains strict qualifications for future business associates. Key requirements include:

a) Financial Stability: You’ll need 250,000–500,000 in liquid assets and a net worth of at least $1 million.
b) Experience: The preferred involvement exists between retail and hospitality and food service staff members.
c) Location: The selected space needs to operate in a busy setting which matches Starbucks' corporate image.
d) Commitment to Brand Values: The company prioritizes hiring candidates whose values match their organizational priorities for quality standards along with superior service delivery and community leadership.

3. Apply for a License
Use the Starbucks Licensed Stores website to find detailed information about their licensing opportunity. The application requires you to present details about your financial situation together with your business background and site location information. The evaluation process for Starbucks depends on the specified factors.

4. Secure Financing
A new Starbucks requires major financial investment to start an establishment. Moving forward with Starbucks requires a payment of various expenses like licensing fees and building costs alongside equipment acquisition while you also need to maintain the inventory and hire staff members. Proceed with the Starbucks franchise only after securing enough financial backing or obtaining approved loans.

5. Complete Training and Setup
The Starbucks training program for their operations and standards becomes mandatory after approval. Starbucks personnel will assist in designing and establishing your store to align it with their particular standards.

6. Open and Operate
The store becomes ready to open for business operations. After receiving ongoing support from Starbucks you will handle daily business management.

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