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.
If all you plan on is offering bagels, you are missing a great opportunity. Selling different varieties of coffees, teas, and juices will add revenue, and these items just naturally go along with other breakfast items. Jellies, jams, cream cheese, and maybe some chocolate in refrigerated units are worth trying.
It would be nice if you could just open your doors and stand back and let the customers stream in, but things don't usually happen that way. You might hate to spend the money, but you will need an aggressive marketing campaign to get out the word that you are in business. A fantastic website is essential. Offering discounts, coupons, door prizes, and anything else that gets people in the door are investments you will have to make.
Just because you're not baking from scratch doesn't mean you should let your oven sit idle. You need to have warm goods available for your customers whenever they walk in. If your door is open, the smell of fresh food will bring people just passing by into your shop. A big chalkboard outside your door advertising specials will slow down passers by.
Starting a business isn't easy. Staying in business and making a success of it is even harder. To have a chance, you have to be prepared to work harder, longer, and smarter than your competition.
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.
If all you plan on is offering bagels, you are missing a great opportunity. Selling different varieties of coffees, teas, and juices will add revenue, and these items just naturally go along with other breakfast items. Jellies, jams, cream cheese, and maybe some chocolate in refrigerated units are worth trying.
It would be nice if you could just open your doors and stand back and let the customers stream in, but things don't usually happen that way. You might hate to spend the money, but you will need an aggressive marketing campaign to get out the word that you are in business. A fantastic website is essential. Offering discounts, coupons, door prizes, and anything else that gets people in the door are investments you will have to make.
Just because you're not baking from scratch doesn't mean you should let your oven sit idle. You need to have warm goods available for your customers whenever they walk in. If your door is open, the smell of fresh food will bring people just passing by into your shop. A big chalkboard outside your door advertising specials will slow down passers by.
Starting a business isn't easy. Staying in business and making a success of it is even harder. To have a chance, you have to be prepared to work harder, longer, and smarter than your competition.
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