In a message dated 3/16/99 1:44:42 AM, Bill S. wrote: <<What about the business/$ end of things? Starting small & building with used merchandise, vs. writing a thorough business plan, involving investors/limited partners, and taking some risks?>> Bill; Why do you want to run a retail operation? The answer to this question is the most important one for you to answer. You must be honest with yourself on this point. Your business will flow from this answer or you will drown in your business.....so to speak :-) In generic terms the easiest way to start is small and grow large but there are pitfalls. Is the objective of a sales floor to provide quality instruments, quality service, and reasonable prices?........these three will just about rule out silent partners/investors. The choice to be made is not between start small vs. a thorough business plan, rather it is to start at all. Do not start without a business plan...it does not have to be complicated, it is your plan and you can make it any way you want to. The BP is simply common sense thinking about strengths and weaknesses you have vs your market. Unless you desire to present your BP to a funding source, bank, SBA, etc. a simple plan will do the job. Before further discussion will be meaningful........ the first question 'must' be answered. Jim Bryant (FL)
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