75k are you joking? Thats going to buy you a 1 room hut. You need a nice store front in a city about $150k+, products are going to be pricey at first because nobody will buy from you unless they are well advertised. Than maintainance, insurance, security, utilities. It will cost you A LOT of money and you will probably make almost no profit for about 1 year or so, depending on popularity, if any. Owning a retail business, unless the product you are selling was invented, copyrighted, and owned by you, is difficult. You may make about 10 cents for every few hundred dollars, that is why Apu running the local quick mart isn't living in beverly hills he is in poverty. Sorry to be negative, very negative actually, but owning, maintaining, and operating a business is tough. Good Luck though i really do hope it works out for you!
Smokin EnDo Reviewed by Smokin EnDo on . Who owns their own business? Doesnt matter what it is - I just want to know how much capital Ill need to start my own business. Im thinking of at least £20,000. Ive looked at the market for head shops in my area, and there is a MASSIVE demand for one! Everyone Ive asked said that they have to travel all the way to the Bazaar in Leicester for their paraphernalia. So, I had an idea. Why not open up my own head shop in my town? I wouldnt just cater for the younger/pot smoking generation, Id sell pipe tobacco, flavoured Rating: 5