To Open The Doors
Was thinking earlier today about the amount of effort it takes to get a small business off the ground. I know its different for each business and is heavily dependent on what area of small business you are intending to operate in. The easiest of these is of course the franchise, where financial numbers are provided by the chain operators. These are generally taken as is by the banks when loaning to open one. There is of course all the pre-work of employing staff and ensuring build/fit out are to your standard. Franchises are generally a safe bet, but you loose a lot of the flexibility that comes with business ownership. Things like supplies and pricing are often set and may not represent the best value to market. This post however is more about the time that small business owners invest in the months even years before the opening of the doors for trade. There is always a list of things as long as ones arm to do. These will include formulation of...