RE: Starting a Archery/Bait Shop..???
Before you make a decision to even move in that direction, do this:
Go to every bait shop you know during fishing season and ask the owner how much fishing he or she has done lately.
Go to the best archery shop in your area and ask the owner how much bow hunting he usually gets in.
Most are too busy to enjoy the sport they love to any meaningful degree. Think about that.
Ironically, the best way to completely and utterly ruin something you love to do is to try to turn it into a business.
Lastly, the margins in hunting and fishing have, in most instances, been severely trimmed by the Walmarts, Cabelas, and Bass Pro Shops.
My vote is to run away as fast as you can from this idea.