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Starting a shop

I'd like to open a card/gift shop somewhere in Essex. The trouble is, other than studying Business Studies a few years ago, I have no real experience.

I don't know how to employ staff or the rules, regulations and insurance required in a small business.

Also, I don't know if starting from scratch - leasing out premises etc - is the best way to go or if buying an existing one is a better starting place. The ones I've been looking at are in the region of £30,000...

Anyone know of any resources that are useful for amateurs like me? I've been searching online but there are just so many :rolleyes:

Comments

  • Do a business plan. See if you can make money, there seems to be a lot of competition in that market with shops closing down regularly
    It's taken me years of experience to get this cynical
  • Enquire at your local jobcentre for information on how to get started and also have a look at internet sites directd at people starting off have a look here it might help you:)

    Good luck.
    1.11.09 - debt = £45k:eek:
    [STRIKE]Car Loan = £0[/STRIKE] CCCS Total = £30,246.88 Total Debt Paid off - 32.78%
    DFD [STRIKE]Nov[/STRIKE][STRIKE]Sept[/STRIKE]Aug 2018:o Only 75 payments to go:)
  • Nosht
    Nosht Posts: 744 Forumite
    edited 18 September 2009 at 1:42PM
    Why not go for a business with no overheads, staff, stock, customers or long working hours? Buying & selling shares is the best business to be in for these reasons & if you fail then all you have lost is your initial investment. The Stock Market is open from 8:00 to 16:30 but you can do extra research outwith these hours.
    Do not use a Stockbroker but an online Share Dealing firm, many on the web, prices ranging from £5 per deal upwards.
    Low overheads, low costs, apart from the capital needed, can be done from anywhere that you have computer link, good returns & hours to suit.

    Regards,

    N.
    Never be afraid to take a profit. ;)
    Keep breathing. :eek:
    Just because I am surrounded by FOOLS does not make me wise. :j
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