Opening a bagel shop is one of the most challenging and profitable new businesses, but there are certain things you can do to make the process easier. These tips will help you start a successful bagel business. The first thing you need to do is to identify a good location. Many cities have multiple locations for bagel stores, so you must select a location that has a large number of potential customers.
Depending on the size of the store you'd like to open, you can either open a small stand-alone bagel shop or a franchise. While franchises have a well-defined process and structure, you can still put your own unique stamp on the location. Before committing to a specific location, you'll want to decide how much capital you can afford and how much creative control you want. Although bagel stores are mostly associated with breakfast, you can also consider expanding to other items, such as sandwiches.
If you're planning on selling bagels, you'll also need to hire employees. You'll need a manager, cashier, and certified food handlers. You'll need a small budget, but if you're willing to pay the money to start a business, you can open a bagel store with a budget. Once you've sourced the money you need, you can focus on marketing and hiring.
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