1188, RE: Drive through for baby essentials Posted by bizdev, Sat May-19-07 10:44 AM
>>I just need to buy a place and make it into a drive through. >I really think this would be a huge hit. >Thoughts on how I could get the money to do this?
Well this is a bigger hurdle than you might think (finding a suitable location and finding funding). Before you can apply for funding you need to write a formal business plan. To do that you need to get good solid numbers. Would you need to build a new place or can you find an existing location that could be converted? Figure your costs for a build out. Find out about zoning issues for a drive through. Figure the start up costs:
building cost racking/equipment POS system (point of sale) permits/licenses professional services (lawyer; accountant) marketing/advertising signage inventory supplies
Then figure your ongoing expenses:
utilities taxes payroll taxes advertising taxes bank fees taxes inventory taxes
I don't mean to be glib, but taxes are a killer (at least in the U.S.).
Once you see all those figures in black and white you will know if your idea is doable. Will your idea be profitable after all those expenses?
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