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Re: Starting a pet store in a mall, How much capital? Mar 7, 2009 9:32 AM

in response to:
ezloan4unow
Ezloan4unow - All you posts are soliciting loans and merchant advances, yet your profile says you are a seamstress. Please stop soliciting people who are looking for honest advice.
Now, to the real question. How much capital you need should really be a number that you come up with. How? By doing your homework. SCORE is a good start, they can help you write a business plan, which includes projections and startup costs. You should also go visiti existing stores and observe how they are set up to get an idea for how much inventory, fixtures, animals, etc that you'll need. You also need to figure out how big of a rental space you'll need, and how much rent would cost per month (dont forget 1st month, last month, and security deposit that will be payable up front). Also with regard to the space, if it requires any sort of leasehold improvement, you'll need to factor in those costs.
What I mentioned above is just the tip of the iceburg. Once you've come up with a list that is exhaustive, add 20% to the cost since it's impossible to think of everything.
Good luck!