Business Idea: Do You think it might go?

Question

I have an idea for my own business, a recovery and refreshment center. It is a place where people can come and take classes in personal enrichment and intellectual stimulation, there will be a coffee shop, a stage fore performers on friday and saturday night, or for films to be shown, in back there is a chapel, a nap center and a labyrinthe. perhaps maybe I could rent out offices for counselors. There would either be a membership fee or a drop in fee. do you think it's a feasible plan?

Answer 1

Not sure. But I have a suggestion Consider making a business plan and going to a small business development center in your area. Here is information from my states SBDB. Each state has thier own and many people who have began a business are there to lend a hand.

About SBDC



Help for small businesses in North Florida, across the State and around the Nation.
Small Business Development Centers have assisted hundreds of thousands of potential and existing business owners by providing the management advice, training and information they need to start, grow, and profit. With funding from the U.S. Small Business Administration and partners ranging from institutions of higher learning to state agencies to municipalities, to private organizations, SBDCs are able to offer this management assistance to business owners at little or no cost.

Why the SBDC?
More than 90 percent of all businesses in the U.S. are small. Small businesses are truly the backbone of our economy, employing more than 60 percent of all workers and creating 80 percent of all new jobs. (For more stats on the importance of small business, check out the U.S. Small Business Administration.) Yet small business owners face some tough challenges. The primary causes of small business failure are undercapitalization and management inexperience. If small businesses are the engine driving our economy, we can't afford to have them stall. As a result, Congress created the Small Business Development Center program in 1980 to provide this much-needed management assistance that many small business could not afford in the private sector. The SBDC at University of North Florida actually started in 1976 as part of an eight-state pilot program, giving it the distinction of being one of the longest running SBDC programs in the nation.

How can the SBDC Help?

SBDC programs deliver up-to-date management advice, training and information to help business owners make sound decisions and to assist potential owners in getting started on the right foot.

Start-up assistance begins with a menu of SBDC workshops. Practical, convenient, concise and affordable, these group training programs cover topics from STARTUP basics, to marketing, accounting/record keeping, financing, and taxes.

Business plan assistance walks start-ups and existing business owners through the process using a low-cost interactive tool, Active Plans, designed to get your plan down on paper. Review of draft business plans and feedback on the plans strengths and weaknesses is just one of the counseling services available in the SBDC at no charge.

One of the critical issues potential and existing business owners face is financing the start up or growth of a business. Access to capital is provided through the U.S. Small Business Administration and the Small Business Resource Network.

Existing business owners interested in reviewing strategic business processes, increasing sales and/or improving the bottom line can take advantage of the SMART management audit, MarketPlace sales leads, and/or the fisCAL Physical financial analysis.

Does the SBDC Work?

The SBDC's performance is assessed based on the economic impact its customers achieve. Surveys consistently show that businesses assisted by the SBDC outperform non-assisted businesses, creating three times more jobs and increasing sales three times faster. For every federal dollar invested in the SBDC program, nearly $10 is returned in the form of tax revenue. Not a bad Return on Investment! The University of North Florida carefully tracks its own Economic Impact and documents Success Stories.

Where is the SBDC located?

The Small Business Development Center at University of North Florida serves 18 counties from offices in Jacksonville, Gainesville and Ocala and is part of the Florida SBDC Network and the national Association of Small Business Development Centers.

Answer 2

You have to have serious liabiity insurance to do that which would probably equal the rent on the building.

You have to have a way to keep homeless people from moving in and living in the washrooms.

It could possibly work, but there are laws about selling food on the premises and charging fees if people only want to use a washroom and the problem of simply how to continuously attract enough patrons to cover the bills.

If I visited such a place, I would want a secure storage locker to leave things in for several days at a time - and don't forget to install high speed WiFi and outlets to plug in the chargers & power packs.

Answer 3

At this exact moment, no. The idea certainly has merit, but I think it is difficult to launch a new business, let alone a new business with avenues in so many directions. Seek out a local community organization that can assist you in developing your ideas into a viable business plan. Keep in mind that just the coffee shop portion alone will require 6-9months of working capital once you open the doors. Food and beverage related business have very high rates of failure due to people expecting their business to be a success from day one, and do not have adequate reserves to sustain it being established.

Answer 4

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Answer 5

It's something I would check out. Sounds like it could be a sizeable payroll and lots of rental space, though, so you need to have a solid business plan.

Good luck!

Answer 6

I strongly suggest that you make an actual business plan, because you have to invest a lot.
Also, it is unsafe to reveal your business ideas.

Answer 7

Sounds like a good idea. you shouldnt post stuff like this on here though because some idiot will come in and be like hey great idea and steal it from you and then you wont have a chance!!!
Good Luck Though!!

Heather

Answer 8

It depends on your area. You have to be in the right area that actually has the proper demographic for this.