How can I start a business selling saltwater aquarium fish?
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01-31-2013, 11:19 PM
Post: #2
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You want a high starting capital. You want enough to get your stock and setup, enough to operate at least 6 months if the store gets no income, and shop around. Know that phone, electric, etc, rates are much higher for a commercial user than a residential. To run the same tank that is at your home in a retail store would cost 2-3 times, or more, than what it costs you in electricity and water in your home! An employee that you pay $10 an hour actually will cost you more than that an hour, maybe $14 and hour, from additional costs in matching social security, worker's comp insurance, etc. It is usually the hidden costs that will destroy and bankrupt a new small business.
Start with a good business plan and estimated start up and operation cost, then double that. Ads |
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How can I start a business selling saltwater aquarium fish? - Scoot - 01-31-2013, 11:11 PM
[] - Tabitha - 01-31-2013 11:19 PM
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