For a while I have been considering starting a
snow boarding business and really do think it is something that
will have a lot of potential. In my area there are two slopes
near by and there is no local businesses that service us snow
boarder’s needs. What I would like to do is start a snow
boarding business that sells snow boarding clothing and snow
boarding equipment and of course boards themselves. For years I
have been trying to think of a business idea and I really feel
that incorporating my love for snow boarding with my love for
business would be a great idea. I done a degree in business
however since achieving this degree I have yet to actually go
out there and give it a try in the real world on my own. I am
currently a business consultant for an accountancy firm, and
although I enjoy my job my true desire is to go out and do it on
my own, and for myself.
What I will need to do is get a business loan at first from the
bank and buy a property and stock. I was thinking that one of
the best ways to ensure that I get business is to position the
shop as near to the slopes as I can possibly get. I was also
thinking that I could reach agreements with the slopes under
which they could effectively drive customers to my shop. In
order to do this, I intend to organize a meeting with the
managers of both slopes separately and decide on what they think
is the best way that we can work together.
I now realize that the next step is going to be to put my
business idea into writing and create a business plan. This is
something that I do for my customers, and I am now going to have
to go out their and do it for myself. I am also going to
consider ways that I can market my business on the internet.
From speaking with my clients I have noticed that very few
actually achieve much success from their online marketing and
there is a multitude of reasons why this is. The first thing
that strikes me is that although they were willing to invest in
a website they were completely unwilling to invest in online
marketing. What I tell my customers is what I intend to do
myself. I want to incorporate marketing online into my business
plan and hopefully I can benefit from my attempts to gain
business from a global audience. At the moment I am aware that
there is a lot of competition online, however with a carefully
articulated online marketing plan I am sure that there is
success to be had online.
I am also hoping that in the coming weeks that I can meet with a
supplier and hopefully get a better idea of the kind of profit
margins that I can be looking towards. I have been told that in
order to attain the best results I am going to have to meet
minimum order requirements and then the supplier will give me
the best prices. I see this as being a very realistic goal, as I
am sure that I will be able to think of ways that I can meet the
minimum order requirement. Firstly, I could collaborate with
another supplier and we could buy in stock together. This is
something that several of my clients do, and it results in
cheaper rates that both of the buyers can benefit from.
So I have everything planned but I just have to go ahead and
actually do it! The thing is that I am also going to have to try
and stick with my job for as long as I possibly can. If I decide
to leave my job too early then I will spend a period without a
wage, however I should really inform management of my
intentions.
