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-   -   Opening a shop (https://www.askmehelpdesk.com/showthread.php?t=249098)

  • Aug 15, 2008, 01:49 AM
    simplicities
    Opening a shop
    Information to open a shop
  • Aug 15, 2008, 01:58 AM
    Clough
    It would help us to help you the best here if you could let us know what kind of shop it is that you want to open.

    Thanks!
  • Oct 13, 2008, 06:28 AM
    Tr1er

    You need at least $100 000 to start.
  • Oct 13, 2008, 11:56 PM
    Clough

    I agree with ScottGem. Much more information is needed before coming to some kind of conclusive and decisive answer.

    There can be any number of kinds of "shops" that a person might open. Depending on the kind of shop it is, some of them might not require very much start-up monies at all.
  • Oct 14, 2008, 06:13 AM
    Tr1er
    Quote:

    Originally Posted by Clough View Post
    I agree with ScottGem. Much more information is needed before coming to some kind of conclusive and decisive answer.

    There can be any number of kinds of "shops" that a person might open. Depending on the kind of shop it is, some of them might not require very much start-up monies at all.

    You are right.
    Some shops don`t need a lot of money to be opened but when you write your business plan you must include your opening cost including merchandise and equipment. Also your rent for few months in advance, money for advertisement, salaries and all other small expenses. So if you open a new store with fast selling products with good profit on them and if you have a lot of costumers form the start of your shop YES you need little start-up monies but in fact, if your shop is just the same kind of all other retail shops you need more money for start and survive.

    So please provide more information and we can discuss further.
  • Oct 14, 2008, 06:26 AM
    ScottGem

    Tr1er,
    Much, Much better answer. Good Job.

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