Get Your Business Cooking: Open a Kitchen Store

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Are you wondering how to obtain small business financing so that you can turn your dream business into a reality? Would you like to know the best ways to obtain small business loans? Or maybe you want to know more about angel investors or venture capitalists. We highly encourage you to read our review of three solid resources that can help you with your new business financing in our article, Small Business Financing: How to Obtain the Capital You Need to Start Your Business.

Kitchen Store Business Business Overview:

You only need to turn on the television these days to see how popular cooking is and how lucrative opening a kitchen store business can be. It seems that every TV chef has his or her own line of kitchen supplies, not to mention all the standard names in kitchenware like Cuisinart, KitchenAid, Oxo and All-Clad. There is always a new gadget or line of cookware coming out and as the owner of your own kitchen store, you can be among the first to know about and stock these items. You don’t need to be a wonderful cook to do well with this business idea but it would be helpful to have an appreciation of cooking as an art and recognize that millions of people use cooking as a means of relaxing and expressing themselves. Your store can specialize in any area you are interested in such as baking, outdoor grilling or you could offer a wide range of items as a multi-purpose supply store. Not only will your customers be able to pick up gadgets, knives, pots and pans, you can expand your services to include cooking classes, demonstrations and cookbook signings. The hardest part of starting a kitchen store business will be finding the right location and stocking your store with the best quality products. Buying a franchise is an easy way to help get you started but you might not be able to make as many decisions about what products you carry. Either way, you will need to line up financing as this is not an inexpensive endeavor. Finding a knowledgeable staff will take some time but once your store is running smoothly, you’ll be able to take time off, attend cookware conventions, and enjoy the true freedom that comes with owning your own successful kitchen store business.

A Day in the Life of a Kitchen Store Business Owner:

This article brought to you by Business Ideas! If you enjoyed this article, make sure to subscribe to the Business Ideas Newsletter to get ideas sent straight to your email inbox.Your day as the owner of a kitchen store will begin with a check of all your products to make sure everything is in place and priced. You will meet with your staff to tell them about any new products or policies. After you open your store, you will spend some time on the floor visiting with customers, helping them find just the right tool for their particular cooking aspirations. You’ll also spend some time in your office marketing your business (placing ads online and in local magazines) and keeping in touch with your distributors. At the end of the day you’ll record the day’s income, check your inventory and get the store ready for the next day.

About Your Customers:

Your customers will be cooks of all levels, from beginner to expert, looking for kitchen supplies.

What You Need to Start:

  • Business plan
  • Marketing plan
  • Storefront
  • Kitchen supplies (pots, pans, gadgets, knives, cookbooks, etc.)
  • Staff
  • Computer with finance software

The Good:

  • If you’re a food lover who enjoys cooking, this business will be fun to operate.
  • It is rewarding to help people find just the right kitchen item.
  • You are likely to get repeat business if you offer excellent products and customer service.
  • You get to test out all the latest kitchen products.
  • Once your store is running smoothly, you can take time off when you need to.

The Bad:

  • It can take some time to get your store stocked, hire a staff, and open for business.
  • The hours will be long at first as you will need to be at the store whenever it is open.

Resources:

Start This Business Today:

To start a kitchen store business today, we recommend you purchase Become a Kitchen Store Owner. This excellent resource will teach you how to create a business plan, how to decide what items to stock, how to advertise your store and much more. For more information or to purchase this HIGHLY RECOMMENDED book, click here.




The Marketing Program is a step-by-step, walk-you-by-
the-hand bootcamp.

Each month, we give you ONE (and no more than one) "marketing project" to complete in your business.

You do that one project each month . . . and we guarantee that if you do the stuff, you'll double your online income during the next 12 months, or we'll double your money back.

Anyway, each monthly marketing project is a plain -as-day, from A-Z, step-by-step, no B.S. blueprint (that has been tested and proven to work over and over again) for getting multiple on-demand cash infusions into your business.


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