crockery store
crockery store
Where can I get help with funding for my start up costs?
Where can i get funding for my initial start up costs?
I have always wanted to own my own coffee shop.
I live in a town where there are lots of potential customers, and there is a good selection of coffee shops, but i believe there is room for another, especially in a store that has just come up TO LET.
The main start up costs I can perceive are
Rent, which would be pretty high, as it is a popular town, busy pavement, but there are quite a few empty premises.
Decoration, the place was recently renovated, so just a new sign, and some furniture.
General running costs – should be covered easily enough with custom.
the Coffee machine, £3000 for a decent one,
Mugs and Crockery (Takeaway),
Coffee + Sugar,
Lighting, heating, Air-con, water, waste.
Wage (me + one of my friends) ? £400 per week total to start.
Don’t underestimate what it will cost you. Whatever you calculate your budget as, add another 50% for the unexpected. Explore every avenue for reducing the initial outlay e.g. If you talk to the coffee machine supplier, they would probably lease you one which would cost you more ultimately but gets you up and running cheaper or try and bargain them down on the price. I would guess that not many people are buying coffee machines at the moment so you should be able to negotiate a good deal – you might even be able to get an interest free 6-12 month repayment scheme off them.
Other costs to bear in mind would be:
Business rates – talk to the council and see if you can get reduced rates for taking on an empty property.
Water rates
Insurance – really shop around.
Advertising
Legal & professional costs
Talk to your local Business Link who will help you put a business plan together which will show you what the initial cost will look like being and also put you in touch with various other organisations who may help with start up grants etc.
The main point though is to make sure there is a viable business and you need to find an edge – you said there are is a good selection of other coffee shops around so why will anyone come to yours? What will you do differently?
Good luck!
crockery store
Store name please?
I’m going to be opening up two stores and would like some ideas about there names. One store is of home decorations and crockery, etc. The other store includes accessories for women, i.e. jewellery, purses, etc. Thanks for any help in advance.
Since any names that are suggested here may already be owned by another party, I wanted to go a different route…
I suggest either hiring a name creation firm or get together with your friends and/or family and throw a “name party” & have everyone bounce some ideas around. Compile a listing of names that you like the best. Once you have that list, do as much free research as you can before you delve into comprehensive research.
I listed some links where you can do some preliminary name checking. However, please be aware that this is merely scratching the surface of what’s out there.
Only comprehensive research will tell you if the name is truly available. But, these links are free & a great place to start, so I’d try them out first.
Comprehensive research consists of looking at marks that are similar in Sound, Appearance or Meaning in the pending & registered Federal AND State trademark files as well as the US National Common-Law files.
There are other sites that offer free searching capabilities in conjunction with their commercial services, so I’m not able to post those links due to the Yahoo! TOS. You’ll also want to check domain names & yellow pages, so simply do a search for “free domain name search” and “national yellowpages” and the appropriate links will pop up.
Hope that helps! I wish you much success & happiness in all your ventures!
APNA KHARIAN 2009
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