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Starting a New Hobby Shop
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I dont own a business but I know people who do. Overhhead is a killer. It takes money to make money and because of this most small businesses fail within a few months. The mistake they make is sinking every dime they have into their dream store and having nothing to fall back on. The go for broke attitude,the kamikazi aproach to business, "I have enough fuel to fly out to the fleet but not enough to get back and fly another day".Start small , get a dedicated phone line,work out of your own home let the business be your hobby. If you dont want peole in your home have a small shop on your property if that is practicle in your area.Go mobile a small stand at a railroad event or tourist railroad might be an idea. Festivals and fairs may be another. If youre skilled offer a service such as layout building.Offer a gimmick like stowable self contained layouts for children or people with limited space.My childhood trains died because they were strowed all over the place, got stepped on and lost. I wish I still had that Chattnooga Choo Choo set but I tore it up simply becase I had no place for it . This is a common probem You as a business person must offer a solution for this and other problems for modlers or entry level folk. Bigger is not always better. A local Mechanic made money hand over fist when he was opperating out of his own back yard. He did great work at a great price . Now he runs a five bay shop, pays 5 employees and his prices are high. He was more sucessfull out of his back yard. He's stuck if he goes back to the home shop those 5 families lose their income. Sorry for the length .
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