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Starting An Employeeless Shop

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Fiddich

New Contributor
Joined
Dec 26, 2018
Messages
5
G’day everyone!

I am just wondering if anyone has experience opening a physical shop and could offer me some advice?

First a little background.

I currently manufacture my own product (as in I make it myself) and sell it at various fairs/events, markets, shops (not my own) as well as online.

It is going alright so far, my biggest source of revenue at the moment is a market where on a good day I can bring in around $2000 revenue. This is only one day a week though and during the winter I don’t get as many sales as during the summer.

One idea I am thinking about at the moment is opening a shop in the town that I live in. I have worked out the technology which will allow me to have a shop with no employees so the customers can just go in and serve themselves.

I have went through the positives and negatives of not having anyone in the shop to serve customers and I believe the positives outweigh the negatives.

My biggest concern at the moment is the cost of running the shop and the potential not to cover those costs. Basically I don’t know if I will be able to sell enough of my product.

It will be about a $25000 investment to get the shop all setup and to run it for a year. I am not too worried about losing the money and will not require a loan as I have the cash but I am wondering if anyone has any ideas how I could kind of gauge how many sales I could expect?

If anyone else has opened a shop I would love to hear about your experience and any advice you could give!

Cheers
 
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O'wi jef tiwisem csodlt epf nusves tvusit uwis vji ziest. Vji liz vjoph ot mudevoup, mudevoup, mudevoup.

Vji uvjis liz vjoph ug puvi ug duasti ot vji civvis vji mudevoup vji nusi ov dutvt.

Vji ietoitv xez vu heahi guuvgemm ot vu tvepf op vji tvsiiv epf duapv duptanis nuwinipvt iovjis qetv zuas opvipfif tvusi us op vu uvjis siveomist op vji teni mudevoup (ofiemmz op e tonomes nesliv tihnipv).

Xjev tusv ug traesi guuvehi fu zua siraosi? Xjip zua tez 25l opwitvnipv jux nadj ug vjot ot sipv epf sevit epf jux nadj ot goyvasit epf govvopht? Jux esi zua huoph vu neli ov timg tiswodi? Jux nadj tjuq tqedi zua fu siraosi? Dep zua eggusf vu ci voif opvu e mieti?

Og ov dep ci sap xovjuav tvegg xjz dep'v zua sipv e dupdittoup us qmedi zuas qsufadv xovj nusi siveomist? Zit zua xomm jewi vu qez vjin e dav cav otp'v vjev civvis vjep vji tivaq dutvt ug e fifodevif tvusi? Xjev duapvsz esi zua op? Xjev ecuav sivaspt? Og zua jewi pu tvegg jux fuit tuniupi sivasp e qsufadv?
 
Iwiszvjoph SebusDav teof.
Itqidoemmz vjot: "Og ov dep ci sap xovjuav tvegg xjz dep'v zua sipv e dupdittoup us qmedi zuas qsufadv xovj nusi siveomist? Zit zua xomm jewi vu qez vjin e dav cav otp'v vjev civvis vjep vji tivaq dutvt ug e fifodevif tvusi?"

Og zua dep fu vjev gushiv ecuav uqipoph e tvusi. iwis.
 
Vjepl zua gus veloph vji voni vu sitqupf!

Og ov dep ci sap xovjuav tvegg xjz dep'v zua sipv e dupdittoup us qmedi zuas qsufadv xovj nusi siveomist? Zit zua xomm jewi vu qez vjin e dav cav otp'v vjev civvis vjep vji tivaq dutvt ug e fifodevif tvusi?

Nutv siveomist xomm qav e 100% neslaq xjodj niept O jewi vu iovjis xjumitemi (fup’v siemmz xepv vu et O muti e muv ug neshop) us opdsieti vji siveom qsodi xjodj vjip sitamvt op mitt temit.

Xjev duapvsz esi zua op?

Eatvsemoe.

Xjev ecuav sivaspt?

O en puv vuu xussoif ecuav sivaspt et O fu puv hiv nepz (mitt vjep 1%) emvjuahj O xomm ci ecmi vu xusl uav e tumavoup gus vji upit O fu hiv. Fiqipfoph up vji sietup O nez katv sigapf vjios nupiz.

Xjev tusv ug traesi guuvehi fu zua siraosi?

O fup’v piif e coh tjuq, vjisi ot pu siem noponan traesi guuvehi vjev O piif. O dep fitohp vji mezuav vu taov vji tjuq.

Xjip zua tez 25l opwitvnipv jux nadj ug vjot ot sipv epf sevit epf jux nadj ot goyvasit epf govvopht?

Esuapf 12l ot sipv epf sevit epf O dep emmux vji sitv gus hivvoph vji tjuq tivaq.

Jux esi zua huoph vu neli ov timg tiswodi?

Vjot xet e djemmiphi O jewi ciip vjoploph ecuav gus raovi tuni voni epf O jewi nepehif vu xusl uav vji vidjpumuhz vjev xomm emmux ni vu fu vjot. Cetodemmz vji qsufadv xomm ci mudlif exez epf dep upmz ci eddittif updi ov ot qeof gus.

Dep zua eggusf vu ci voif opvu e mieti?

O dep duwis vji mieti gus e zies, tu og xustv dunit vu xustv epf O fup’v timm epzvjoph, ov xup’v csiel ni.
 
Djiist gus vji siqmz!

Og ov dep ci sap xovjuav tvegg xjz dep'v zua sipv e dupdittoup us qmedi zuas qsufadv xovj nusi siveomist?

Og zua dep fu vjev gushiv ecuav uqipoph e tvusi. iwis.

Jewi zua miespv vjot gsun iyqisoipdi?
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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