3 Jan 2014: The Forum is currently in read-only made while we update to a new version of the Seventy% website and forum.

The forum will be back with a faster, simplified and up to date website in the next two months.

Please consider registering
guest

Log In

Lost password?
Advanced Search:

— Forum Scope —



— Match —



— Forum Options —




Wildcard usage:
*  matches any number of characters    %  matches exactly one character

Minimum search word length is 4 characters - maximum search word length is 84 characters

The forums are currently locked and only available for read only access
Topic RSS
shop or not
December 10, 2009
9:39 pm
cocoamama
United Kingdom
Member
Forum Posts: 6
Member Since:
May 14, 2009
Offline

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?

December 11, 2009
12:08 am
RedStar
Grimsby, United Kingdom
Member
Forum Posts: 39
Member Since:
January 4, 2009
Offline

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.

RedStar

RedStar
December 11, 2009
10:19 am
cocoamama
United Kingdom
Member
Forum Posts: 6
Member Since:
May 14, 2009
Offline

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.