How to open a flower shop and start your business

The sale of flowers has always been a profitable business thanks to constant demand, but this is not the only advantage of this business. Creating a business plan for a flower shop should take into account a variety of factors, including a wrapping of 100 to 300 percent per unit of goods. In the world there are not so many opportunities to wind up the price three times and at the same time have a constant flow of satisfied customers. In addition, the idea of ​​a flower shop can bring you to come because of the stable, albeit slow, development of this market. Add here the lack of the need for professional staff and profitable location for success, and you will get an almost perfect business. As you know, there is nothing ideal in the world and we will help you not make mistakes that can make a new business unprofitable.

First step for creating your business

When creating your business, you first need to analyse and discover Singapore businesses and choose what kind of consumer you will work for. Since we decided to do a business plan for a flower shop, we need to decide for whom this store will work. There are three variants of a flower shop – a shopping pavilion, a shop or a floristic boutique. Let us examine in more detail what each of them represents.

The store is the same stall, only located in a building where there are no competitors around. The business is more profitable due to the greater influx of customers, but the cost of renting the premises will also be higher and the renovation of the premises will cost a much larger amount.

Finding the professional services for your business

Hiring a professional who is well known as good at florist Singapore is the highest point in the flower business market. They do not sell flowers on pieces; do not provide cheap flower packaging services – only expensive bouquets of the most high-quality flowers, the most fashionable trends and huge prices. The business is very interesting and will bring more profit, but the cost of launching requires huge.

As beginning entrepreneurs creating a business plan for a flower shop, will work with the first kind of store – a pavilion. Low costs, the opportunity to pay off quickly and low risk make this option the most acceptable.

Most often, if the pavilion is built specifically for the sale of flowers, then do not need repairs in it. You need to buy equipment and you can start work. Ideally, you need to buy a cash register, a freezer, and vases for flowers and packaging materials for bouquets. Reduceyour expenses to a minimum – the cash register is not needed at the beginning of the work, the freezer is replaced with a conventional air conditioner. Stands for flowers along with vases will cost thousand dollars, air conditioning costs another thousand. Add here 4 thousand for materials for packing bouquets. At this start-up costs run out.

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