2012, a year to find shops to rent

It’s 2012, wow. Time to set myself some clear goals so that I can see some tangible improvements in my business by the end of the year.

It’s been a bit of a pipe dream for a while but, I think I really should start to put things into motion and get a retail property for my organic food business. Hopefully by the end of 2012 I’ll have saved enough money and found a property that fits my budget. That’s the goal anyway. On my to-do list, in order to reach this goal, is first of all visiting the bank to seek some advice on possible loans. Then, if they think it’s a viable idea, I’ll start talking a bit more seriously to some comercial property agents. Once I have a clear budget decided I’ll be able to assess the available shops to let.

On top of this I’m going to spend a good few months looking at other organic food retailers to suss out the competition. Looking at their outlets will also give me ideas about how I should display produce in my shop, once I finally have it. It’s going to be a lot different from the online business as there will be much larger overheads but, hopefully, there will be more opportunities to gain profit.

I’m going to look at a variety of locations too, and assess general footfall but also the demand for organic food in those areas. I really do think York could be a good choice as I know people round there are passionate about local produce. Although, this could mean that there’s already strong competition there.

There’s a lot to consider before anything actually happens – looks like 2012 is going to be a busy year if I’m to reach my goals.

This entry was posted on Wednesday, January 11th, 2012 at 4:24 pm and is filed under My Business, Property. You can follow any responses to this entry through the RSS 2.0 feed.