How to Open a Business
Opening an Ice Hockey Equipment & Supplies Business
Starting an ice hockey equipment and supplies business can get you on the path to a secure financial future but it's important to plan out the business in detail before you start. This article contains nuts-and-bolts information to give you a jump-start on planning for your business.
Wondering how to start an ice hockey equipment and supplies business? We take you step-by-step from start to success.
How to Write a Simple Ice Hockey Equipment & Supplies Company Business Plan
If you haven't written a business plan for your new ice hockey equipment and supplies business, it's time to get started.
At Gaebler, we advise new business owners to keep your business plan simple. Ultimately, your business plan is intended to be a resource for you, the business owner.
As your company matures, you can circle back to your business plan to make revisions and adjustments.
Don't Overlook Competitors
Long before you open an ice hockey equipment and supplies business in your area, it's a smart move to determine how you will fit in the competitive landscape. Use the link below to find competitors in your city. After clicking on the link, type in your city, state and zip code to get a list of ice hockey equipment and supplies businesses near you.
Is the local market large enough to support another ice hockey equipment and supplies business? If not, you had better be sure that you are doing things much better than the competition.
Talk to People Who Are Already in the Business
As part of your due diligence on opening an ice hockey equipment and supplies business, be sure to learn from folks who are already in business. If you think owners of nearby ice hockey equipment and supplies businesses will give you advice, think again. Why would they want to educate a future competitor?
However, a fellow entrepreneur who has started an ice hockey equipment and supplies business outside of your community may be willing to share their entrepreneurial wisdom with you, after they realize you reside far away from them and won't be stealing their local customers. Many business owners are happy to give advice to new entrepreneurs It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.
How would you find an ice hockey equipment and supplies business founder who is willing to talk to you but doesn't live nearby?
It's easy. Here's a link you can use to find a mentor outside of your area.
Why You Should Buy (Instead of Start) an Ice Hockey Equipment & Supplies Business
Spurred on by dreams of a future big money buyout and an undeniable entrepreneurial impulse, many would-be ice hockey equipment and supplies business owners are driven to pursue startup strategies.
But from a business and financial perspective, it may make more sense to leverage an existing ice hockey equipment and supplies business as your vehicle for world domination.
Most notably, an ice hockey equipment and supplies business includes more than just assets - a brand identity and customer base come with the keys to the front door. And that's not to mention the fact that a purchase let's you avoid the trial-and-error mistakes that are common in startups.
Don't Rule Out Franchising
The odds of surviving in business are higher if you become a franchisee rather than going it alone.
As part of your process in starting an ice hockey equipment and supplies business, you should investigate whether franchise opportunities in your space might make your life much easier.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
More Advice for Startups
These additional resources regarding starting a business may be of interest to you.
Share this article
Additional Resources for Entrepreneurs