People love to think owning a business means making their own hours and getting rich the easy way. The truth is that small business owners do more working than relaxing. Some become very successful, but it is seldom quick or easy. If you think you have what it takes to make as an entrepreneur, and are considering opening a retail specialty shop, you could buy wholesale bagels and resell them to the public.
There are advantages to purchasing baked goods instead of making them yourself. If you don't know anything about making bagels for instance, you will have to take the time to learn how to create really unique and special ones. You will need expensive equipment and some employees. You could spent that time instead working in a shop with someone willing to teach you the retail business.
Ideas are great, but you need to have some capital to start your business. Family and friends are often the best possibilities. You could approach them with the idea of making them silent partners in the venture if they aren't interested in becoming active partners. Failing that, you may have to take your business plan to a lender, make a compelling presentation, and hope you can get a loan.
One way to save money when you are just starting out, is to open a take out shop. You'll be saving money on tables and chairs, and waiters as well. If your shop takes off, you could add sidewalk dining. Renting space in malls and close to schools can be pricey, but worth it because of the high foot traffic.
Opening a specialty shop is fine, but if bagels are all you're going to offer, your focus is probably too narrow. Coffee, tea, juice, and even smoothies, are natural accompaniments to bagels and should sell well. You could even buy a vintage refrigerator cheaply and stock it with hard to find varieties of jams, jellies, and other toppings.
Unfortunately you can't just open your shop doors and wait for the customers to find you. Aggressive advertising and marketing are the only ways to get the word out about your shop and what you are offering. You will have to create a great website, preferably one that is interactive. You can offer coupons, discounts, prizes, and anything else you can think of that will get foot traffic into your shop.
Even though you're not baking the bagels from scratch yourself, you can always keep batches warming in your oven. Not only will you have a fresh product to offer your customers, the aroma will entice passers by into your shop. With a little, light background music and an easel outside the door advertising daily specials, your shop should stay busy.
It is a fact that most small businesses fail. You don't have to be part of that statistic however. Working hard, smart, and offering a unique product in the right location will give you an edge.
There are advantages to purchasing baked goods instead of making them yourself. If you don't know anything about making bagels for instance, you will have to take the time to learn how to create really unique and special ones. You will need expensive equipment and some employees. You could spent that time instead working in a shop with someone willing to teach you the retail business.
Ideas are great, but you need to have some capital to start your business. Family and friends are often the best possibilities. You could approach them with the idea of making them silent partners in the venture if they aren't interested in becoming active partners. Failing that, you may have to take your business plan to a lender, make a compelling presentation, and hope you can get a loan.
One way to save money when you are just starting out, is to open a take out shop. You'll be saving money on tables and chairs, and waiters as well. If your shop takes off, you could add sidewalk dining. Renting space in malls and close to schools can be pricey, but worth it because of the high foot traffic.
Opening a specialty shop is fine, but if bagels are all you're going to offer, your focus is probably too narrow. Coffee, tea, juice, and even smoothies, are natural accompaniments to bagels and should sell well. You could even buy a vintage refrigerator cheaply and stock it with hard to find varieties of jams, jellies, and other toppings.
Unfortunately you can't just open your shop doors and wait for the customers to find you. Aggressive advertising and marketing are the only ways to get the word out about your shop and what you are offering. You will have to create a great website, preferably one that is interactive. You can offer coupons, discounts, prizes, and anything else you can think of that will get foot traffic into your shop.
Even though you're not baking the bagels from scratch yourself, you can always keep batches warming in your oven. Not only will you have a fresh product to offer your customers, the aroma will entice passers by into your shop. With a little, light background music and an easel outside the door advertising daily specials, your shop should stay busy.
It is a fact that most small businesses fail. You don't have to be part of that statistic however. Working hard, smart, and offering a unique product in the right location will give you an edge.
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