Friday, July 16, 2010

Business Opportunity for me?

There is a strip mall by my house and I have been asked if I would like to open a business in the one available store. I am interested in doing something, but I don't know what. So I'm asking you to help me. There are 3 businesses already open and doing really good. What could I open that would go well with a liquor store, a beer and tobacco store and a Sports bar?


Thanks for your help.

Business Opportunity for me?
You might want to take a ride around town and look at strip malls with liquor stores and notice what kind of stores are near them in the same strip.





SInce all three current stores cater to the 'drinking' crowd, you'll want something that also caters to this crowd. A hamburger joint might go well and so might a pizza joint but family with children might avoid both depending on the clients that frequent the liquor store and the other premises.





Also a video rental store might do well.





Do the drive by and check out the other places both in your city and surrounding locations.





No matter what you settle on, I would strongly recommend that you talk to a business counselor before you do anything especially spend money. I'd call the local office of SCORE (go to http://www.score.org and input your zip code to find the chapter nearest you), the advice is FREE.





The counselor at SCORE will most likely advise you to write a business plan which is very good advice because it will force you to dig out all of the start up details and the costs of starting your new business in the strip mall and force you to also understand all of the aspects of this business including the customers you'll concentrate on (your market ) and how you'll go after them.





You'll need to register the business with your state controller's office and make sure that you have any city and county licenses if any are needed where you live. All of this will come out in a business plan.





Try this link :


http://www.ychange.com/small-business-co... and read some of the articles especially the ones about a business plan and starting a business.


Good Luck
Reply:pizza restaurant would be perfect
Reply:A store that sells NASCAR gear.


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