Need Advice - move into a new industry.

[Simon Dewey]

Hey there, wondering if I can get some advice.

I currently am co-founder of a remote working creative agency. Proud to say we have experienced a fair bit of success since starting 3 years ago.

We're now at a point whereby we have som cash saved up and a pretty solid team around us.
I'd like to explore different industries but though I'm confident I have no experience in retail or non service based business.

Particularly interested in either a small coffee shop/coffee stand or a unique airbnb (glamping, shepherd huts, log cabin...).

I have a budget saved up I'm looking to invest, do you have any advise or suggested reading in either of these industries you've found helpful?

Big thanks in advance

 

[Mark T Jones]

I have a number if contacts and connections in both of these sectors, but it really depends on what you are looking fir?

 

[JEREMY HAWKE]

I live here in the middle of Devon I would like to be involved in the sleeping in a feild industry . My friend is in heavy haulage and they are moving new shepherd huts every week .
Leftie vegans are taking over the eating menus and lettuce in a bowl with bio mass doughnuts are a popular dish .

If it involves sleeping in a feild lined with cow s€€t and eating oak tree leaves with fur tree leaf coffee you will make money in 2021

 

[Mark T Jones]

I live here in the middle of Devon I would like to be involved in the sleeping in a feild industry . My friend is in heavy haulage and they are moving new shepherd huts every week .
Leftie vegans are taking over the eating menus and lettuce in a bowl with bio mass doughnuts are a popular dish .

If it involves sleeping in a feild lined with cow s€€t and eating oak tree leaves with fur tree leaf coffee you will make money in 2021

It's a bit late to be setting up for 21 now. Question is, how will '22 look

The answer to that. As with any business, depends on how you position yourself

 

[Interestedobserver]

Hey there, wondering if I can get some advice.

I currently am co-founder of a remote working creative agency. Proud to say we have experienced a fair bit of success since starting 3 years ago.

We're now at a point whereby we have som cash saved up and a pretty solid team around us.
I'd like to explore different industries but though I'm confident I have no experience in retail or non service based business.

Particularly interested in either a small coffee shop/coffee stand or a unique airbnb (glamping, shepherd huts, log cabin...).

I have a budget saved up I'm looking to invest, do you have any advise or suggested reading in either of these industries you've found helpful?

Big thanks in advance

Theres a good TV show called My Unique B and B ( or something like that) that should help your research

However, I think everyone is jumping on that bandwagon due to staycations etc and covid

Might be way too many competing with you once people can holiday abroad again with confidence?

 

[AstEver]

@Simon Dewey
Why are you not considering an industry where you can have synergy with the creative agency?

 

[Strontium Dog]

@Simon Dewey
Why are you not considering an industry where you can have synergy with the creative agency?

They are creatives. If they set up a coffee shop, they can sit around in it all day

 

[zwilliam]

Hey there, wondering if I can get some advice.

I currently am co-founder of a remote working creative agency. Proud to say we have experienced a fair bit of success since starting 3 years ago.

We're now at a point whereby we have som cash saved up and a pretty solid team around us.
I'd like to explore different industries but though I'm confident I have no experience in retail or non service based business.

Particularly interested in either a small coffee shop/coffee stand or a unique airbnb (glamping, shepherd huts, log cabin...).

I have a budget saved up I'm looking to invest, do you have any advise or suggested reading in either of these industries you've found helpful?

Big thanks in advance

Hi Strontium,

The best way to get the decision is your budget you have yet to invest. You can get good idea according to your investment how much you can invest in the business then do that also you must have to keep in mind about some unexpected budget you will have to put for little but core things to maintain your work flow. If you want to make a small business then you can manage yourself in other work as well but if you want invest a huge money for your business then I'll prefer you to put your all time into that. Don't let it go with uncategorized structure so that you would be able to maintain all the things in good flow.

For Small business Cofeeshop, fastfood are best to start otherwise do same business you have experience in.
Hope this is helpful for you.

Thanks to you.