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Old 13.09.2017, 15:41
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starting my own business (brick and mortar)

I'm thinking - just thinking at the moment of starting my own business.
Specifically an art Gallery.

Where do I go to start understanding the details for my business plan --

Like, where can I find sample rental rates, insurance costs,
I'm new to this and hope to pick up the knowlege where I need it.
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Old 13.09.2017, 15:57
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Re: starting my own business (brick and mortar)

Startups do a variety of workshops, I've not been on any but they have a good reputation, I've used them to help a company formation and I like the way they work.
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Old 13.09.2017, 17:56
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Re: starting my own business (brick and mortar)

Need to check first if your permit allows it as you're a non-EU national. Do you still have an L permit and is it via your job or because you're a dependent of someone else? If you're on an L you're not allowed to be self-employed.
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Old 13.09.2017, 18:08
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Re: starting my own business (brick and mortar)

You start by looking at spaces that you'd like for your business that are for rent, and how much they cost. Next you can call 2 of 3 insurance companies and ask them what the insurance would be for such building, the electricity/water costs can easily be roughly estimated.

But this only gives you the rough price for your space, and that's only a part of the whole story.

How much do you need to invest to get your store filled at start, what does it cost to rebuild the interior, do you have the money, or do you need a loan? Does it need phone/pin/computer connection, do you have restricted opening times, does the location allow this etc.. etc..

And still you only have the building.

Not to discourage you, everybody with a healthy set of brains can do this, but without experience or knowledge take the workshops since correct bookkeeping is even more important. And in the meanwhile start visualising what you really want for a company.
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Old 13.09.2017, 18:24
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Re: starting my own business (brick and mortar)

My wife is thinking of opening an art gallery, but:

a) she already has the art

b) she already has to pay to insure it

c) we already rent the space (which is a commercial space) anyway and store some of the art there

So, no additional costs.

Tom
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Old 13.09.2017, 21:21
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Re: starting my own business (brick and mortar)

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I'm thinking - just thinking at the moment of starting my own business.
Specifically an art Gallery.

Where do I go to start understanding the details for my business plan --

Like, where can I find sample rental rates, insurance costs,
I'm new to this and hope to pick up the knowlege where I need it.
I suggest you try to befriend the owner of an art gallery near where you live, or in the next city. If you are knowledgable about art, perhaps you and he/she will have quite a bit to talk about. Become a regular there, occasionally help out with small tasks, if you are allowed to do so. If you can build the relationship first, then later ask that person to teach you what they think you should know.

If fact, you could do the same with several other small businesses, and ask the owners directly, in a moment when they are not crazily busy, for their advice.
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