If you are looking for opportunities to set up a swim shop, there are many. You just need a space, a dealer, and a motivated mind. A lot of entrepreneurs are reluctant to start up swim shops as they think these items have a twisted demand. It is true. Unless you are a well-known swim shop, chances are high that you go bankrupt. Sounds de-motivating? Not to me.
The thing is, if you know that all these things are possible and you also know that there are certain shops earning abnormal profits in the long run, all you have to do is bridge the gap. But how do you bridge the gap? That is something you need to really take time off to think about. But, here are a few suggestions; try pairing up with a swimming coach in Singapore. He can offer his services while you offer your products. Works well if you have a good pool in the vicinity.
Ask a swimming instructor to give you a little plot inside, so you pay a rent while selling your items. This is a great way of promoting your products as it will be centered on an institution which caters to the services. Swimmers will anyway forget to bring their pair of goggles and since your shop is right there, they might even want to buy.
See, whatever your business is going to be, you need to make it attractive. You have to make sure you stand out or else you will drown in the pool of other people who do the same thing as you do. Steve Jobs once said, “if you can’t do it better, do it differently.” This statement is so true. There will be talented entrepreneurs out there who you can’t even compete with. It’s like a small shop trying to compete with Walmart. However, you can do it differently and make yourself stand out among the rest.
Start, small but start bright. Have a passion for what you do and treat your work right so that work will treat you right. You will not see the profits overnight, in a week, month, or a year. Stick to it wholeheartedly and you will reap what you sow. Get good supplies. The swim boards, the swim suits; make sure they are of good quality or you will lose your customers sooner than you gain them. They will be disappointed and will not give you a second chance.
Make your shop appear nice. Be enthusiastic about your work. And keep good accounts. Accounts matter a lot as you need to know what you pay for and when you pay for it. Handle your money carefully and avoid investing in unwanted stocks or fancy items for your shop. Set apart a certain percentage of your profit to expand your business as you need to grow. Partnering up with someone will reduce the risk you have to take and will shift half of your work to another.