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Making Money With Your Own Ice Cream Store

December 23, 2012 by: 0


Ice cream is very popular refreshment regularly consumed by both young and old people. You can make money with your own ice cream store if you make the necessary preparations for it. The tips below will guide you on how best to start one.

Research

Visit other ice cream stores close to you to discuss the pros and cons of the business. A few of them will willingly open up on their experiences and you can avoid the difficulties encountered and also learn from the mistakes they might have made when starting up. It will also give you an idea of how to design your store to catch the attention of your target market.  For instance, if you want to attend to mainly health enthusiasts, you should open a low-fat frozen yogurt store.  Other markets include families and young people.

Franchise Or Independent Ownership

Decide whether you will prefer to invest in a franchise or make money with your own ice cream store. If you choose the former, you will be provided with ingredients, store layout and design, supplies and employee training. This makes starting up less stressful. However, the advantage of independent ownership gives you the freedom to do things your way and also to choose the amount of money to put into the business. Some franchises may require substantial upfront capital.

Contact The Health Department

Get in touch with the health department in your community in order to know what it will cost to obtain a permit. Ventilation and plumbing requirements, garbage, insect and rodents’ control are other requirements to be confirmed. All these factors must be thoroughly considered because it helps in acquiring the right location and so you will not need to spend more money on readjustments.

Choose A Location

You need to know where you want your business to be located. Schools, busy shopping malls, parks, business or residential areas and plazas are some places you might want to consider depending on your target market. Choose a location that has good parking space and consider foot traffic as well if the place is a busy one. It should also be accessible to drivers and clients as well. Make sure that there is enough storage room for your ice cream since you may not be able to determine the frequency of deliveries at this initial stage.

Develop A Business Plan

If you really want to make money with your own ice cream store, you have to write down a business plan for it. This should include your financial plan for the business, target audience, market research, advertising techniques, and strategies to beat competition and so on. This plan helps to prepare for any problem that might come up in the future. It can also be presented to banks in your locality for financial support.

Get Your Supplies

You may like to sell other products to go with your ice cream. It could be cookies or waffle cones. You will have to get equipment such as walk-in coolers, walk-in freezers, fudge warmers, a soda machine, pasteurizers and storage shelves.

 
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