Quote:
Originally Posted by rpgdemon
Alright, first off, do you have a model of business? Going in there guns blazing will ensure that you don't do as well as you should. You should know what you'll be stocking, the total costs involved with the business, and how much revenue you will need to make.
Don't just "guesstimeate" these, actively figure them out. If the numbers are wrong, you could end up flopping.
Secondly, why did the other comic book store go out of business? Are there enough clientelle in the area who would buy your product?
Thirdly, be prepared for stress and sleepless nights as you try to figure this all out. You probably won't want to turn the keys over to someone else for awhile, before you know your employees are trustworthy, so you will be working long shifts.
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I could hire a girl I know who has an accounting degree and works at a bank to do the figures for me. Maybe my dad's accountant can double check just so we don't dig ourselves into a pit. Don't worry, neither of us want to just rush into something so complicated.
The comic store went out of business because of it's location on a desolate stretch of route 46. It was situated in a corner that isn't readily seen from the road. As for the demand, the reason we got the idea in the first place is every day people come in to Gamestop and ask where the nearest comic shop is, and they are always forced to tell them it is 50 miles north.
As for your third point, I've had stress and sleepless nights all year. I think I can handle one more massive life altering decision.