Therefore, you'll often look for places in busy areas, especially those that attract tourists and local visitors to entertainment in the area.Some good places include those near parks, stadiums, concert venues, community centers and beaches.
Therefore, you'll often look for places in busy areas, especially those that attract tourists and local visitors to entertainment in the area.Some good places include those near parks, stadiums, concert venues, community centers and beaches.Tags: Social Work Dissertation TitlesEssays On Economy Of PakistanSat Writing EssaysPowerpoint For Persuasive Writing EssayMla For EssaysVcu Creative WritingBakery And Coffee Shop Business PlanWhat Is Critical Thinking In ScienceChemical Composition Of Cells Lab ReportOur Day Out Essay Questions
Even if you initially set up your shaved ice business in a place without any competitors nearby, that doesn't mean competition won't become a problem down the road.
Not only do you have to watch out for newcomers serving the same treats as you, but shops selling ice cream, frozen yogurt and other typical summer treats can draw customers away from you.
Another problem shaved ice business owners may face – especially when just starting out – is generating enough sales to pay for all the ongoing expenses.
Hawaiian Shaved Ice gives a typical ballpark daily sales amount of $100 to $2,000, showing that factors like your location have a big impact on profitability.
At the same time, you have to perform all your other business duties, whether it's handling the accounting, setting up an advertising campaign or ordering more supplies.
To keep from becoming overwhelmed, you'll likely find that you need to hire help, even if you'd rather do it all alone to avoid those labor costs and be more profitable.
On the other hand, a cheaper location might be in an undesirable place where customers can't easily find you, thus hurting your business's growth in the long term.
For the most success, you'll want a location that is easy to access, gets a lot of traffic and is clearly visible to potential customers.
However, there are some problems of which you should be aware, including finding a good location, remaining profitable, dealing with competitors, working seasonal hours and handling the physical nature of the work.
As is true with other small business ideas, the startup cost can become a problem for potential entrepreneurs.