One of the most enjoyable ways to start your business is to create a pop-up store. You could sell virtually anything from burgers and fries to niche merchandise, and you’ll get to feel the wind blowing against your back as your travel from city to city. You’ll get to meet new people every day, you’ll build a loyal following thanks to online services and social media, and you can provide special products and niche items to people in areas that would otherwise have a difficult time finding them.
However, there are times when you’ll want to settle down. This is because not only is travelling taxing and exhausting, but you probably aren’t making as much money as you’d like because of all the permits, licenses and other expenses that you have to invest in each time you change location. Although you might have a loyal following, you’re probably not going to get as much business as you could if you had regular customers and a static location.
Very few people would willing give up a comfortable life of travelling to settle down, but here are five reasons why it could be the right choice for you.
- You know the best places for the most business
If you’ve travelled to a considerable number of locations then you will have a great idea on what locations are the most profitable for your niche. This is first-hand information that many startup business owners would kill for. Check your books and try to find the location that gave you the most warming welcome and the most business, and that’s probably the ideal location for your new store.
- Setting up a store isn’t as scary as it sounds
Although there are many forms to fill, licenses to obtain and a high cost of entry, there are many services that can ease the pain and frustrations that you might encounter. For example, your bank could offer you money to start up your business, and there are property surveyor businesses that are more than willing to scout out potential locations for your business in the area that you want.
- You’ll build an even bigger following
Since you’ve served a lot of customers, you’ll have a lot of positive reviews if you provide a good service and quality products. You can take advantage of this when you start up a store because your reputation will bring in plenty of curious customers and loyal buyers that have visited you before.
- You don’t have to give up the travelling life
Once you’ve established a store with trustworthy staff members, you can manage your store remotely with the internet by keeping in touch with your employees, and they can run the store for you as long as you give them sufficient permissions and responsibilities.
- You have an easy route for expansion
If you want to expand your business in the future, then all it takes is a look into your books that you recorded while you were travelling. Since you’ve most likely opened a location in one of the more popular areas, you’ll have a lot of data to pick a future location based on the sales you made while you travelled. This makes it easy to pick a new location to expand in, which is something that many business owners dread.