New venture
Black Enterprise, March, 2005 by Tanisha A. Sykes
Q I have been a paralegal for 24 years, and I am at the point of burnout. I would like to venture into a kiosk business, but I'm not quite sure how to get started or what approximate startup costs would be. Can you point me in the right direction and provide me with some information that would assist me?
Juanita White
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A It's great that you want to venture out into a new area in your life. I would recommend that you first speak with other kiosk owners and/or operators about the pros and cons of the business. You will probably find that it's a bit different from owning a storefront or home-based business; you have to attract mall clientele, deal with unpredictable customer traffic patterns, and compete for customers with different types of businesses. Also, keep in mind that you'll need to speak with mall management about cart and kiosk rules and regulations, or contact the city or county if your kiosk will be in a public space. You'll want to discuss permits, rental fees, locations, and product approval and displays.
As with any new business, you should think about startup costs. Creating a business plan will help you get started. To research owning a kiosk, contact All A Cart Manufacturing Inc. (www.allacart.com), and read Business Start-Up Kit by Steven D. Strauss (Dearborn Trade; $19.95) and What No One Ever Tells You About Starting Your Own Business: Real Life Start-Up Advice from 101 Successful Entrepreneurs by Jan Norman (Dearborn Trade; $18.95).
Mail your motivational questions to Help Yourself, BLACK ENTERPRISE 130 Fifth Ave., New York, NY 10011 or send an e-mail to sykest@blackenterprise.com.
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