16 and About To Open a Retail Kiosk (Need Advice)

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16 and About To Open a Retail Kiosk (Need Advice) Jordan Brockizzle Wed Jun 4 22:45:02 2014 No.365285 [DELETED]

I'm opening a retail stand at my local mall. Monthly leasing cost is $1700.00 plus a $500.00 security deposit. We are specializing in street wear hats and accessories such as Hater Snapback, Dope Couture, Mishka, and Mitchell and Ness. Inventory will be around another $1000.00 in costs. Do you think this would go okay? The stand is open 8 hours a day and everyday throughout the week. I need advice on everything. Ask me questions! Keep in mind that I am only 16 and have been selling hats online for about a year and a half now. I've posted a picture of one of my brands.

>>	Anonymous Wed Jun 4 22:47:50 2014 No.365288 Retail outlets have been in decline for years especially malls. Dont expect profits from this.

>>	Anonymous Wed Jun 4 23:07:07 2014 No.365306 >>365285 enjoy being in debt

>>	Anonymous Wed Jun 4 23:16:44 2014 No.365316 >>365285 I wouldn't expect that much of a profit from a retail stand in a mall. You'll be competing with the big boys in the mall (Lids, etc.), plus however much customers can find the same product on the internet for.

1200EQ 900TestE Wed Jun 4 23:24:54 2014 No.365328

>>365285
pretty sure margin on that shit isnt great... You need really high margin product to make any money with kiosks... You will also go nuts working every single day, good employees are impossible to find, your holiday rent will be outrageous, etc... You will be done in 3 to 6 months

sauce: I have had many different kiosk business'

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