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Old 09-08-2007, 08:00 PM
8 posts, read 17,440 times
Reputation: 11


Like I had mention we are thinking of moving to colorado, my parents have always told me we should open a small retail business. We have been trying to figure out a real good type of business that will be something everyone wants, needs and can afford. I have always thought of a discount store or a good quality furniture. I had work for a furniture distributor and have seen that the profit margin is good. there are time we find really good deals for clothes, shoes, pursues and little cute things and wonder if these will sell in Colorado. Please help me out in finding what everyone in Colorado wishes for? Also any advice in a location also be great, should I go for a new builder area or older business area? Thank you for all your advice and time.
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Old 09-08-2007, 08:14 PM
Location: Boulder
151 posts, read 650,782 times
Reputation: 74
A "small retail business" is a very attractive idea that has already been done (and sometimes overdone) even in little towns like Niwot. The rent in high traffic areas can be a killer. If you've got access to "really good deals for clothes, shoes, purses, and little cute things" would you consider starting an Internet "store"? You can work from anywhere, keep costs down, and not have to pay for storefront rent and furnishings. Ebay, Yahoo, etc. provide starter platforms and better visibility (i.e. people are more likely to actually find you when they search for something specific that you offer).

I know it doesn't work for everyone, but it may be a possibility for you and yours. My DH has had enough success of Ebay to give us another steady cash flow (not enough to live on, but certainly enough to improve our quality of living and to pay off the mortgage earlier).

You might at least take a look at it. Maybe you'll say no, but at least you'll have considered some alternative options.

Best of luck.
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Old 09-09-2007, 03:06 PM
423 posts, read 1,774,600 times
Reputation: 107
I would stay away from the furniture business. There have been several in Fort Collins in the last couple of years that have gone out of business. They said that they could not compete with the prices and variety of American Furniture Warehouse.
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Old 09-09-2007, 09:20 PM
8 posts, read 17,440 times
Reputation: 11
thank market mama, for all your advice.
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