So you make chocolates, and everything is going swimmingly, you have a loan under your belt ready to spend on a new production unit. Yay, you can move out of your kitchen! Then someone offers you a chance to buy their business - a gift store, but it could take chocolates. Which way do you go? Grab the shop with both hands? Double the loan and build the unit too? Anyone done it all in one go? Any advice?
January 4, 2009
Is the shop in a good location? Any nearby competition? Much passing trade? Tourist trade? I don't know what all the questions are that you would ask if you were just thinkong of opening a shop for the first time but they are the ones you will be asking. It's not like there is a shortage of premises at the moment! Very tempting, I bet.
Yes, it ticks all the boxes for trade, very popular store. I guess I'm more concerned about expanding a chocolate making business and production unit at the same time as learning retail skills. Training chocolatiers at the same time as working with shop staff who haven't sold chocolates before... The more I think about the more I wonder when I will get time to do the thing I love - making chocolates. But yes, very tempting.
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