Starting a business can be a fun and exciting time. Many people start out with a simple idea, like hey I want to make smoothies, but they don’t know where to start. Well let’s start by talking about what you will need in the store for4 the blending of smoothies. Then we will discuss the store front type that you would need. Last we will talk about funding options.
What equipment would you need to start a smoothie business? Many people don’t realize the cost of the equipment can be quite expensive, but if you shop for preowned equipment, or you purchase an affordable option then you can control some of the cost that is associated with the equipment purchases. You will need blenders for the smoothies, for this you are going to need the best blenders around and without reviews how are you to know which one is the right one. There are many review sites out there that will help you with this process. You will also need a freezer for storing the frozen fruit, ice and the yogurt and juices. This also can be bought as preowned equipment making it more affordable. Make sure you check all the reviews on the items you are purchasing. When you purchase newer models you will get warranties so make sure you weigh your options before purchasing.
The next thing you will need to think about is where you want your store front to be. Do you want a small sit down shop or do you just want a basic pick up location? Maybe you want a mobile smoothie shop so you can travel to work sites, and office locations, or parks to sell the smoothies. Many people are starting to sell specialty foods and drinks from mobile food trucks. A smoothie food truck will be a great way to get your smoothies out in the world and draw in more customers. This is also a cheaper way to invest in your smoothie dream. Store fronts cost monthly rent, electrical, plumbing, and many other expenses. But on a food truck you just need your generator on your truck, the truck insurance, the cost of the truck, and your licensing, and gas. These can actually cost less than the store front would cost. You wouldn’t need any seating and you can carry all your supplies for the day in your food truck and replenish every day.
Funding options are another thing that will need to be considered. How will you get your funding? Do you have collateral? Are your relatives going to help with the purchases? Have you developed a professional business plan to present to investors or a bank? These are all questions that need to be answered. Funding for a business can come from many different sources. Family can invest in your dream for a stake in the profits or because they believe in your work ethics. It’s always best to not borrow money form family since it can cause rifts in the relationship. If you have rich relatives who are interested in investing in a small startup business this is a great time to talk with them and get their input. Many investors want to see a well thought out plan that will reflect the man behind the plan. So when trying to get investors explore all your options and make sure you involve the right people in your idea because some people are shady and may steal your idea.