Ask Experts Questions for FREE Help !
Ask
    simplicities's Avatar
    simplicities Posts: 2, Reputation: 1
    New Member
     
    #1

    Aug 15, 2008, 01:49 AM
    Opening a shop
    Information to open a shop
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #2

    Aug 15, 2008, 01:58 AM
    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!
    Tr1er's Avatar
    Tr1er Posts: 6, Reputation: 0
    New Member
     
    #3

    Oct 13, 2008, 06:28 AM

    You need at least $100 000 to start.
    Clough's Avatar
    Clough Posts: 26,677, Reputation: 1649
    Uber Member
     
    #4

    Oct 13, 2008, 11:56 PM

    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.
    Tr1er's Avatar
    Tr1er Posts: 6, Reputation: 0
    New Member
     
    #5

    Oct 14, 2008, 06:13 AM
    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.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #6

    Oct 14, 2008, 06:26 AM

    Tr1er,
    Much, Much better answer. Good Job.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Opening a pound shop [ 1 Answers ]

I am interested in setting up a pound shop. Where and how can I get suitable items to put in the shop? I need to buy at prices that eill enable me make a profit. Thanks

Opening Barber Shop [ 2 Answers ]

I want to open up a barber shop/spa. What is my first step?

How to go about opening a coffee/pastry shop [ 2 Answers ]

I have been pondering the thought for some time on opening a coffee shop that would serve pastry and sandwiches on a small scale. It would be in the historic area of Virginia City, NV. What is my first step? Thanks Linda

Shop Opening Times (In England) [ 3 Answers ]

Ok, I was wondering if someone could explain this to me; 24 Hour Spar stays open 24 Hours (but only sells booze at certain times). 24 Hour Tesco has to close at midnight on Saturday night (into Sunday) and then at 1600 on Sunday afternoon (and also only sells booze at certain times. Now......


View more questions Search