It's not unusual for employees to daydream about owning their own businesses. They imagine they could make their own hours and have the chance to earn some serious cash. The reality is that business owners put in more hours than almost anyone else. Some do eventually earn substantial sums, but not at first. If you are serious about becoming an entrepreneur and love people, you might consider opening a small shop, buying wholesale bagels, and selling them at retail prices.
If you aren't a baker, you might have to spend a lot of time testing recipes and learning the techniques necessary to become proficient in the kitchen. You avoid that step when you decide to purchase goods ready made. You could spend that time working in the shop of a mentor, who has become successful in the small business world, and is willing to share with you what he or she has learned.
There is no way to start even a small enterprise without some capital. You will have to sit down and come up with a business plan. You could talk to friends and relatives about going into business with you or investing in one you would run yourself. If that doesn't work, you will probably have to talk to a lender about borrowing the money to get you started.
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.
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 isn't easy to start a small business. It's even harder to make a success of it. The willingness to work hard and long every day and having a great product, smart marketing, a prime location, and lots of luck are all you need.
If you aren't a baker, you might have to spend a lot of time testing recipes and learning the techniques necessary to become proficient in the kitchen. You avoid that step when you decide to purchase goods ready made. You could spend that time working in the shop of a mentor, who has become successful in the small business world, and is willing to share with you what he or she has learned.
There is no way to start even a small enterprise without some capital. You will have to sit down and come up with a business plan. You could talk to friends and relatives about going into business with you or investing in one you would run yourself. If that doesn't work, you will probably have to talk to a lender about borrowing the money to get you started.
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.
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 isn't easy to start a small business. It's even harder to make a success of it. The willingness to work hard and long every day and having a great product, smart marketing, a prime location, and lots of luck are all you need.
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