Is this even worth thinking about?????
I want to open a decorating supply store (cakes, cookies). In my area, there is only a Hobby Lobby and 2 Walmarts. Neither of these carry much of anything in the way of cake decorating.
I'm thinking that after the business takes off, I could add bakery and flower decorating (my sis would do that).
How do I even get started???
You need a good location and a huge inventory to make it worth while. In order to draw customers from Hobby Lobby and W-mart, you have to carry more stuff at equal or better pricing.
My local store has two women as business partners, they have been working together for a number of years. They have some problems with suppliers deliverig on time and keeping up with new items.
You would need a load of cash to invest in a lot of inventory, and enough money to pay the rent for at least a year.
Opening any business takes alot of determination, self-motivation, research and money. To open anything that is craft oriented to compete with Hobby Lobby and Wal-Mart would require some very strong planning. You really should research this one well. Your marketing stradegy would have to be strong. Your location would be crucial. Just cake and cookie supplies may not be enough to support the business. Since Hobby Lobby and Wal-Mart carry items for the average hobbiest, you would need to have a target customer base of the above average hobbiests. The internet has opened many avenues for people to purchase those specialty items for those that want to expand there talents. Just from being on this site should let you know how many order from a variety of sources, that do not have those items available at the HB, and WM. I am not sure that this would prove to be a profitable business for you. This of course is just an opinion, the decision is ultimately yours. You may have to have additional things to offset just decoration items, such as a full line bakery, specialty classes, wedding services etc.....
Quote by @%username% on %date%
%body%