Business Proposition

rpgdemon · 08-29-2010, 11:14 AM

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.

Fourthly: How about setting up a web front for this, too? Wouldn't be too hard, and you could theoretically earn more money off of it, considering the low costs of domain registration/web hosting these days. I'd suggest Bluehost as a decent service for both web hosting and registration. If you need a site built, hit me up.

Fifthly: Don't be afraid to expand what you sell if things are going well. Could move from comics to general geekery, if business allows it. See what your customers want, and do your best to fulfill their needs and desires, and they'll come back.

08-29-2010, 11:14 AM	#2
rpgdemon Not a Taco Join Date: May 2005 Posts: 3,313	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. Fourthly: How about setting up a web front for this, too? Wouldn't be too hard, and you could theoretically earn more money off of it, considering the low costs of domain registration/web hosting these days. I'd suggest Bluehost as a decent service for both web hosting and registration. If you need a site built, hit me up. Fifthly: Don't be afraid to expand what you sell if things are going well. Could move from comics to general geekery, if business allows it. See what your customers want, and do your best to fulfill their needs and desires, and they'll come back. __________________ I did a lot of posting on here as a teenager, and I was pretty awful. Even after I learned, grew up, and came to be on the right side of a lot of important issues, I was still angry, abrasive, and generally increased the amount of hate in the world, in pretty unacceptable ways. On the off chance that someone is taking a trip down memory lane looking through those old threads, I wanted to devote my signature to say directly to you, I'm sorry. Thank you for letting me be better, NPF.