I am in between jobs at the moment and am toying with the idea of opening an LYS. The problem is i have no training in business and am not sure where i woulod start in putting together a business plan.I’m also concerned that with the financial markets being what they are at the moment, now is not a good time to be opening a small speciality shop.
There is no LYS in my town, the nearest is a 30 - 45 minute drive away and is a department store so no ‘personal’ help or opportunity to try and learn etc.
There are a lot of knitters in my town and a small guild of fiber artists.
There are several small shops in and around the town which are currently up for lease.
I am good at organising and managing money.
I would like to be working in an environment that made me happy.
i have no capital whatsoever
I have no business training
The economy in the UK is not healthy right now
i am still a relatively inexperienced knitter.
IT seems daft to have just finished a degree and masters in forensics and palaeopathology and then open an LYS.
Any tips, thoughts or advice? is this a silly idea? have you done this?