Back in the 80's in Syosset, NY I had a store with my sister called Once Upon A Gift. Then in 2005 I opened 2 stores which both were called Soapier in Tarpon Springs, Fl with my adult children as my partners. Having experienced having my own store right now I'd rather spend my time doing what I love and that's FIND then RE*PURPOSE.
A flea market booth is a great idea, you can grow a business with some very affordable rental rates. Usually the cost for rent includes everything except insurance and payroll. There is a commitment of someone manning the booth each weekend, I'm not ready to do that yet.
So what's so great about this you ask? I pay rent $3.00 a square foot and I believe I have about 110 square feet. Commission rate is 10% plus I'll also pay a percentage if the customer uses a credit card. Stock my booth, do a nice display and the rest of the work is done for me. Love it!
My focus for my Plan For Business will be to increase my sales at Knot which will be accomplished with more inventory in my booth and marketing using the free classified of Craiglist which I'll talk about in my next post.