Most of the time, our first conversation with a prospective Pedal Retailer makes them very happy. They’re happy (or at least relieved) to hear that (a) they can do what they’re dreaming of doing, and (b) we can help them do it. But without fail, we eventually make our way to the topic that triggers the cortisol...
We always manage to upset people when we answer the question, “so how long is this going to take?”
Since we’re committed to “real talk, always,” we’re honest with our clients about the realistic timeframe to opening a bricks-and-mortar business. We explain that the process takes anywhere from six to 18 months, and that seems to be about six to 18 months longer than they wer...
We talk often about why business plans are essential to providing you the information required to find the right space and right deal. But like many things in our TikTok-attention-span world, the style and appearance of your business plan are going to do a lot of the heavy lifting.
If we're really being honest, not many people are going to read your entire business plan. My mom will, and she'll happily point out every grammatical error, but she's not your target audience. Anyone who you need to say "yes!" to your business plan is most likely going to skim your plan and read only the sections they're most interested in.
This means that your plan has to land on desks (or inboxes) and m...
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