Thanks for the video. I am looking at purchasing our local bike shop, and this was helpful. I would love to look at your business plan, as I will need to make one for my SBA loan. Thanks!
Great! Was the business plan posted anywhere? I would love to have a look. Im Norway based. It was fun to "walk around" in Google maps around you shop. What a great location and what looks like a cosy town. I guess it great to ride around the town and outback trails.
im in the UK, I also started April 2020 so prime Covid..... i work from home and earn approx $16000 usd..... granted im well below average income here however affords me the flexibility to help look after family... bike shops can be as simple or as complicated as you want them to be... loving these videos though, great to see someone actually show the costings involved..... would love a shop tour
16000 annually? Monthly? Before expenses or after? None of these answers really matter as long as your happy with the work you’re doing and the life you’re living. Sounds like you’ve got both sorted, congrats! It’s not an easy balance.
Hi, Really appreciate this and your previous starting a bike shop video. I'm currently entering a set up phase for a bike store here in the UK. I'm interested to know how you managed to source the data from trail forks, and if this is something that might be able to be translated over to Strava? Thanks again for the videos
Trailforks use to have and I think it still does a section that would show you numbers of riders that are both local and tourist based on their definition (I think a tourist lives more than 20km away). When I wrote our business plan Strava just had a heat map that wasn’t very helpful
wow man, just in time. I am like a few days from opening a shop here in Spain and I have gone through the same population calculations and considerations. The budget I have here is quite a lot lower, but also, I am not going to sell bikes, so this helps. Your first video on the topic was quite frightening, this one not so :)
Decide yes, I will put the business plan in the description : )
Just give me some time here. I wanted to launch the video. There’s some personal names/information I need to remove before sharing .
Thanks for the video. I am looking at purchasing our local bike shop, and this was helpful. I would love to look at your business plan, as I will need to make one for my SBA loan. Thanks!
Great! Was the business plan posted anywhere? I would love to have a look. Im Norway based. It was fun to "walk around" in Google maps around you shop. What a great location and what looks like a cosy town. I guess it great to ride around the town and outback trails.
Not yet! I need more time in my life to redact some personal contact info.
im in the UK, I also started April 2020 so prime Covid..... i work from home and earn approx $16000 usd..... granted im well below average income here however affords me the flexibility to help look after family... bike shops can be as simple or as complicated as you want them to be... loving these videos though, great to see someone actually show the costings involved..... would love a shop tour
16000 annually? Monthly? Before expenses or after? None of these answers really matter as long as your happy with the work you’re doing and the life you’re living. Sounds like you’ve got both sorted, congrats! It’s not an easy balance.
@@smithcreekcycle annually, I'm working towards double that but building the infrastructure il need first
I’d Love to peal at the business plan. To get a better idea how to get my wheels turning
Hi, Really appreciate this and your previous starting a bike shop video. I'm currently entering a set up phase for a bike store here in the UK. I'm interested to know how you managed to source the data from trail forks, and if this is something that might be able to be translated over to Strava? Thanks again for the videos
Trailforks use to have and I think it still does a section that would show you numbers of riders that are both local and tourist based on their definition (I think a tourist lives more than 20km away). When I wrote our business plan Strava just had a heat map that wasn’t very helpful
@@smithcreekcycle Appreciate this, thank you
wow man, just in time. I am like a few days from opening a shop here in Spain and I have gone through the same population calculations and considerations. The budget I have here is quite a lot lower, but also, I am not going to sell bikes, so this helps. Your first video on the topic was quite frightening, this one not so :)
If I had gone smaller square footage and just service we’d still be alive and doing well. Good luck!
@@smithcreekcycle What do you mean still alive? You went bankrupt? You posted a video 3 weeks ago ...
@ bad word choice. Yes the shop is alive and well!