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Old 05-29-02, 04:53   #8 (permalink)
KJ99GT
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KJ99GT is offline
Join Date: May 2002
Location: Southern NJ
Posts: 8
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Great responses all. I will check the PD forum.

A business plan is, in essence, what I am looking for input on. I'm very familiar with the process, have done several, and am looking for answers to questions that will help me answer the basic question: is it economically feasible given my location, market, and desired (ultimate after a few years to get established) sustainable income?

I also realize that something I do for fun now could easily become a major drag once I'm doing it for a living.

As an aside, I once looked into opening a local bicycle shop. Did all the research, started the business plan. The net of my analysis was that it was a low-margin business, too low in fact. According to the industry material I found, the average independent bike shop actually had a NEGATIVE margin, i.e., was losing money. That, and an assessment of the local market, was enough to convince me it was a bad idea.

The research continues!

-kj-
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