You Could Have A Great Business Buying Wholesale Bagels And Reselling Them

By Timothy Brown


It's not unusual for employees to daydream about owning their own businesses. They imagine they could make their own hours and have the chance to earn some serious cash. The reality is that business owners put in more hours than almost anyone else. Some do eventually earn substantial sums, but not at first. If you are serious about becoming an entrepreneur and love people, you might consider opening a small shop, buying wholesale bagels, and selling them at retail prices.

If you aren't a baker, you might have to spend a lot of time testing recipes and learning the techniques necessary to become proficient in the kitchen. You avoid that step when you decide to purchase goods ready made. You could spend that time working in the shop of a mentor, who has become successful in the small business world, and is willing to share with you what he or she has learned.

It is unrealistic to think you can go into business without any capital. You will have to find money somewhere and friends and family are usually a good place to start looking. You could offer them the opportunity to become an active partner or remain a silent one. Your other option is to go to the bank with a realistic business plan and fill out a loan application.

One way to save money when you are just starting out, is to open a take out shop. You'll be saving money on tables and chairs, and waiters as well. If your shop takes off, you could add sidewalk dining. Renting space in malls and close to schools can be pricey, but worth it because of the high foot traffic.

Opening a specialty shop is fine, but if bagels are all you're going to offer, your focus is probably too narrow. Coffee, tea, juice, and even smoothies, are natural accompaniments to bagels and should sell well. You could even buy a vintage refrigerator cheaply and stock it with hard to find varieties of jams, jellies, and other toppings.

Unfortunately you can't just open your shop doors and wait for the customers to find you. Aggressive advertising and marketing are the only ways to get the word out about your shop and what you are offering. You will have to create a great website, preferably one that is interactive. You can offer coupons, discounts, prizes, and anything else you can think of that will get foot traffic into your shop.

Even though you're not baking the bagels from scratch yourself, you can always keep batches warming in your oven. Not only will you have a fresh product to offer your customers, the aroma will entice passers by into your shop. With a little, light background music and an easel outside the door advertising daily specials, your shop should stay busy.

It isn't easy to start a small business. It's even harder to make a success of it. The willingness to work hard and long every day and having a great product, smart marketing, a prime location, and lots of luck are all you need.




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