Most employees have dreamed about having their own businesses at one time or another. They might imagine this would give them the freedom to come and go as they please while getting rich. In reality most small business owners put in more hours than any of their employees. They may see good profits, but it takes time. If you have really decided to give entrepreneurship a try, opening a little shop, buying wholesale bagels, and reselling them to the public might be worth pursuing.
There is no law that says you have to be a baker and offer customers goods you make yourself, especially if you don't know anything about baking. It might take a long time to find really good recipes and learn how to perfect them. Instead you could spend the time with a mentor who is a successful, retail business person and doesn't mind showing you how to become one yourself.
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 make your money go farther is by opening a take out only shop. That way you won't have to invest in as much furniture or hire as many employees as an eat in establishment would require. You can also get away with renting a much smaller place.
You have to consider offering more than just bagels in your shop. Customers will buy coffee, tea, and juice to wash their breakfasts down, and you will make more money. A vintage cooler or refrigerator filled with jellies, jams, cream cheese, and other sweets will probably be a hit with customers as well.
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.
Hungry people are attracted to the smell of fresh baked goods, so you need to keep your warming oven working all the time. This way you will always have fresh food for your customers, and the odor coming from your open door will be irresistible to passers by. Light background music and a daily specials board outside your door are also inviting.
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 is no law that says you have to be a baker and offer customers goods you make yourself, especially if you don't know anything about baking. It might take a long time to find really good recipes and learn how to perfect them. Instead you could spend the time with a mentor who is a successful, retail business person and doesn't mind showing you how to become one yourself.
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 make your money go farther is by opening a take out only shop. That way you won't have to invest in as much furniture or hire as many employees as an eat in establishment would require. You can also get away with renting a much smaller place.
You have to consider offering more than just bagels in your shop. Customers will buy coffee, tea, and juice to wash their breakfasts down, and you will make more money. A vintage cooler or refrigerator filled with jellies, jams, cream cheese, and other sweets will probably be a hit with customers as well.
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.
Hungry people are attracted to the smell of fresh baked goods, so you need to keep your warming oven working all the time. This way you will always have fresh food for your customers, and the odor coming from your open door will be irresistible to passers by. Light background music and a daily specials board outside your door are also inviting.
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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