how ddo you start a business?

[cityhunter2501]

I have a plan for a business to be opened either in eau claire or TD square or some popular spot in dowtown calgary.

how much should i expect to be spending and what do i need to do to start it?

[Melinda]

Umm depends on what kind of compnay you want...if you're selling popcorn, you wont need much money...if you're selling diamonds, you'll need a ton.

My advice, take a business course

[Kamen]

Ehhh....I don't think you should be asking for that kind of thing in a forum...
Better to ask other people in business/professors/consultants/bank personel, etc etc

[civicrider]

Originally posted by cityhunter2501
I have a plan for a business to be opened either in eau claire or TD square or some popular spot in dowtown calgary.

how much should i expect to be spending and what do i need to do to start it?

i agree if you want a sucsessful business take a good course so you will understand how things work.

[2002civic]

i can tell right from your first post your gonna need some help to be succesful. You didnt specify what your selling, size of location, you want the highest rent areas in the city and your asking for help on a car forum? You ask how much it will cost and what you need to start yet no description is given. Good luck.

[Super_Geo]

It'll cost you $3414.34 if you start now, or $4479.14 if you start tomorrow.

Your choice.

[FiveFreshFish]

Start with a business plan.

[ninspeed]

some fresh lemons, sugar, and water..... helps when its warm out though

[cityhunter2501]

Originally posted by 2002civic
i can tell right from your first post your gonna need some help to be succesful. You didnt specify what your selling, size of location, you want the highest rent areas in the city and your asking for help on a car forum? You ask how much it will cost and what you need to start yet no description is given. Good luck.

I decided to ask it here as Ive seen a couple of guys who started their own business

i've talked to it to 2 of my friends already ill ask my sister later on as she is majoring in business, but I dont know that much about business as Im majoring in petroleum engineering and not business management (maybe later on in my life).
cant say that much info about what it is all about as it will be the first of its kind in Canada afaik and the first one of its north american kind is in NY.

it just an idea right now, but Im just curious how to rent some space in downtown, preferably TD Square or Eau Claire Market and who to contact to open a business ( like City of Calgary?). Im looking for atleast 2000-3000ft^2

[t-im]

2000-3000 sq ft???????

what are you intending to sell anyways?

and pfft, business courses will help, but if you can get some
hands on/real world experience that's even better

One of the most succesful business men I know is a commerce drop out and learned everything over the years himself....hit and miss I guess

[Jynx]

Talk to mall managers for renting information
and you will need to apply for a buisness liscense

[sxtasy]

Well if you are looking for 2-3000 sq ft of space downtown or in Eau Claire, you are looking at a pretty hefty lease payment. Keep in mind that is a lot of overhead for a business just starting out, you will need to make some pretty good profit. Phone the administration office of TD square and Eau claire to get pricing. Go to any registries to register your business, it doesnt cost too much. Look in the blue pages to get a GST number.

[rental_metard]

Registering a business is fairly cheap, 3000sq ft in TD square would not be... $5000/month im guessing

[Jynx]

Originally posted by rental_metard
Registering a business is fairly cheap, 3000sq ft in TD square would not be... $5000/month im guessing

Well the cost numbers for a mall vary wit many differnt thing
location in the mall
what your selling
etc...
TD is one of the more expensive malls because of its location.

[BigBearWest]

to open a bussiness goto any regestry and pay 300-400 bucks to open a incorperated bussiness

[cityhunter2501]

ok thanks, i am estimating atleast 50k to spend, so I will give this idea 2-3years before actually starting it as im only 19 and still in school, unless i find someone who is interested on it and wanna share

[95acc]

i will put it this way.
I looked into renting a kiosk at Chinnok and Market mall ,you know the little boths that sell wigs, sunglasses ect.

Chinnoki $68,000 a year or 15% of gross sales
Market $48,000 a year or 15% gross sales

Just to put it into perspective.
imajine 2-3000 sq ft

[SikAssR1]

Have you been to Eau Claire lately? Notice all those vacant bays, that should just tell you how high a lease is there.

[cityhunter2501]

Originally posted by SikAssR1
Have you been to Eau Claire lately? Notice all those vacant bays, that should just tell you how high a lease is there.
yes and the spots are the sizes Im actually interested into :thumbsup:
the problem now is money