The problem with mall kiosks is the charge for rent. To compensate for this, the vendors are forced to overprice their stock. Now, there are some e-tailers that offer startup stock and help with starting a new store, providing you sell ONLY their product (which is already way over cost).
Starting your own "vapor bar" offering e-cigs is one thing, but I don't think you'll make a living off of it. Not until much, much later. So you think to offer coffee, donuts, free wi-fi... now you've got the board of health on you all the time about serving foods, as well as licensing for each commodity. Then you have to account for who's going to run it? You? All day and night? So much for your life. So you hire a few people, right? Now you've got to have insurance for them, a payroll (whether you sell the e-cigs or not), and etc. Running a biz yourself is one thing, having employees... much more complicated.
On top of all this, you have to worry about getting a brick and mortar store front, zoning laws, city counsel, board meetings, etc. The time and effort for running a brick and mortar is quadruple that of a website... if not more. Let alone, start up capital. You'd be lucky if the SBA is going to back something not quite FDA ok'd at this point. So plan on having some 30-50K startup capital of your own.
Website owners pay 1. domain registration fee 2. domain/site hosting fee 3. credit card transaction fees 4. Pay Pal fees (if used) 5. inventory. There's also fees for incorporation, to protect yourself, fees for state licensing, EID number from the Federal Gov., and best to have a lawyer (for brick and mortar too).
Starting your own "vapor bar" offering e-cigs is one thing, but I don't think you'll make a living off of it. Not until much, much later. So you think to offer coffee, donuts, free wi-fi... now you've got the board of health on you all the time about serving foods, as well as licensing for each commodity. Then you have to account for who's going to run it? You? All day and night? So much for your life. So you hire a few people, right? Now you've got to have insurance for them, a payroll (whether you sell the e-cigs or not), and etc. Running a biz yourself is one thing, having employees... much more complicated.
On top of all this, you have to worry about getting a brick and mortar store front, zoning laws, city counsel, board meetings, etc. The time and effort for running a brick and mortar is quadruple that of a website... if not more. Let alone, start up capital. You'd be lucky if the SBA is going to back something not quite FDA ok'd at this point. So plan on having some 30-50K startup capital of your own.
Website owners pay 1. domain registration fee 2. domain/site hosting fee 3. credit card transaction fees 4. Pay Pal fees (if used) 5. inventory. There's also fees for incorporation, to protect yourself, fees for state licensing, EID number from the Federal Gov., and best to have a lawyer (for brick and mortar too).
