Research Paper
02-04-2008, 08:18 AM
#1
Nontypical Buck
Thread Starter
Join Date: Jun 2007
Location: Central Pennsylvania
Posts: 2,313
Research Paper
For my senior project, im doing owning your own archery shop, any information you guys could give me to help me such as costs to start an archery shop, anything you guys know and can help me would be great.
Ryan.
Ryan.
02-04-2008, 08:26 AM
#2
Dominant Buck
Join Date: Oct 2005
Location:
Posts: 21,043
RE: Research Paper
Leasing or building?
Figure:
Upfit costs
YOUR time
Labor (employees)
Labor burden (ins., benefits, etc... for employees)
Taxes
Operating costs (utilities, water, sewer, etc...)
Inventory investment
Range expenditures (Incl. insurance, cost of animals/targets, upkeep, etc...)
Advertising
Equipment to conduct your business (Press, saw, tools, etc...)
I'm sure I'm leaving out things....but this will get you in the right frame of mind.
Figure:
Upfit costs
YOUR time
Labor (employees)
Labor burden (ins., benefits, etc... for employees)
Taxes
Operating costs (utilities, water, sewer, etc...)
Inventory investment
Range expenditures (Incl. insurance, cost of animals/targets, upkeep, etc...)
Advertising
Equipment to conduct your business (Press, saw, tools, etc...)
I'm sure I'm leaving out things....but this will get you in the right frame of mind.
02-04-2008, 08:35 AM
#3
Join Date: Mar 2004
Location:
Posts: 13,082
RE: Research Paper
Let's not forget inventory (or is that what upfit cost is, Jeff?)
Inventory is a large undertaking. Bows, strings, cables, rests, sights, stabs, arrows, points, nocks, bushings, inserts, vanes, feathers, cresting materials, broadheads, releases........this list could go quite a while..
Inventory is a large undertaking. Bows, strings, cables, rests, sights, stabs, arrows, points, nocks, bushings, inserts, vanes, feathers, cresting materials, broadheads, releases........this list could go quite a while..
02-04-2008, 10:05 AM
#6
Nontypical Buck
Join Date: Oct 2007
Location: Finger Lakes, NY
Posts: 1,613
RE: Research Paper
What do you mean, Mobow? It is a national holiday (just not in the US). It is Constitution Day in Mexico. It is also Carnival in a lot of South and Central American countries.
Back to the topic at hand, don't forget to figure in things like "am I going to offer employee discounts?". These things can eat a hole in profits quickly. And, let's not forget.....location, location, location!
Back to the topic at hand, don't forget to figure in things like "am I going to offer employee discounts?". These things can eat a hole in profits quickly. And, let's not forget.....location, location, location!
02-04-2008, 10:25 AM
#7
Senior Member
Join Date: Nov 2006
Location: Portage WI/Racine WI
Posts: 2,320
RE: Research Paper
I'd something like this in highschool but it was with a sporting goods store. You'd be surprised how many biz owners are tickled to death to help kids with school projects, college or otherwise. I'd get a hold of some local store owners and just ask them about some of these things. As long as you explain that this is just a project, most of them will be very open to helping out (since it won't likely result in competition for them
). Also, use demographic info from the US state dept. or FBI database (I think that was one I used). Also talk to an accountant about some of the financial info, ie: benefits, taxes, etc. That owners have to pay for employees and on merch. This is all I can think of right now. If you need a hand on finding any info, shoot me a pm, I'd be glad to lend a bit of a hand.
). Also, use demographic info from the US state dept. or FBI database (I think that was one I used). Also talk to an accountant about some of the financial info, ie: benefits, taxes, etc. That owners have to pay for employees and on merch. This is all I can think of right now. If you need a hand on finding any info, shoot me a pm, I'd be glad to lend a bit of a hand.
02-04-2008, 01:48 PM
#10
Nontypical Buck
Thread Starter
Join Date: Jun 2007
Location: Central Pennsylvania
Posts: 2,313
RE: Research Paper
Thanks a lot for the help guys im glad you got me into touch with Buellhunter. Thanks For the imput and if im gonna use what you had to say in my paper i'll shoot you a PM for some quoting information I need.
Ryan.
Ryan.