Home – New Forums New here? Share your story Looking to start/buy a shop Reply To: Looking to start/buy a shop

Accounts Studio
  • Total posts: 516

Hi Cedar
Do you live in a well populated area or in the country? Have a look at potential competitors and try and analyse how well they are doing. Have they been around for a long time or do shops, particularly gift stores in your area have a high turnover in ownership? I would advise doing a well thought out and researched cost analysis and cashflow forecast first of all showing all costs involved, and potential income. Maybe you could try an online store first of all and use that as a test market to see which products work, before trying a retail store.