How much does it cost to set up a retail business?

[Davidl]

Im only trying to gain some knowledge, not trying at this moment to start a retail business.

What would the costs be to open up the retail store in a mall and what would you be expected to pay?
Rent, people that you need to hire (lawyer, accountant, store manager, store designer, and the person to set up the barcode system) deposits ect.


Side question:
If you own a business and want to become a franchiser, what percentage are you expected to get paid monthly as the franchiser. Do you get a monthly payment for the rent?
What support do you provide?

[Owen]

Im only trying to gain some knowledge, not trying at this moment to start a retail business.

What would the costs be to open up the retail store in a mall and what would you be expected to pay?
Rent, people that you need to hire (lawyer, accountant, store manager, store designer, and the person to set up the barcode system) deposits ect.


Side question:
If you own a business and want to become a franchiser, what percentage are you expected to get paid monthly as the franchiser. Do you get a monthly payment for the rent?
What support do you provide?

You would need what you listed above,
lawyer, accountant, store manager, store designer, and the person to set up the barcode system) deposits ect. and on top of that insurance, staff members, and an attorney. No one can tell you how much it will cost for your rent since it depends on the location, size, etc. I'm not sure about the franchiser part of it though :)

[huggytree]

most people here are internet based

make some phone calls and add up the costs...seems like something you could get done in a day

[Harold Mansfield]

Internet based or not, I agree with Huggy. Seems like you should be able to get that info together pretty easily.
How can we possibly know what space costs in a mall in your area ( where ever that is), and what the lawyers and accountants in your area charge?
You seem to know what you need, make some calls, get online and get some prices.