Are you thinking of starting a retail business but have serious concerns about the potential high costs of getting started? Have you heard horror stories about the high monthly profit eating overhead expenses of operating a traditional retail business such as rent and employees? If you fit this description you might want to consider starting a proven kiosk business opportunity or franchise instead. Most kiosk opportunities today are designed to provide the average entrepreneur a very affordable and easy path to owning a retail type business without the high startup costs and monthly overhead expenses associated with opening and running a traditional “brick and mortar” retail business.
Below are some of the top advantages in my opinion of starting a kiosk business vs. opening a traditional retail store business:
Low Start Up Costs: With a turnkey kiosk business you will not have the high costs historically associated with building out a traditional brick & mortar retail space or store. And due to the compact nature and smaller operating space requirements of most kiosk machines leasing a space or location to place your unit is generally much more affordable.
Low Overhead: Most kiosk machine businesses are designed to be operated remotely just like traditional vending machine businesses so you will not have to hire a staff or employees which will significantly reduce your operating expenses. At most you will be required to restock your unit periodically the frequency of which will depend on the nature of the product you are offering for sale. Even if you are operating a mall based kiosk that does require staffing it usually can be owner operated or can have very few employees.
Fast Start-Up: Unlike traditional retail store businesses or franchises that can take weeks or sometimes many months to open, a turnkey kiosk business can generally be up and running very quickly in comparison. Many kiosk companies’ today use professional installers and technicians to ensure that their units are fully functional and ready to go when delivered to a location for installation. In fact your biggest investment of time may actually be finding and securing the best possible location for your first unit.
Great Life Style Business: Starting and owning any type of small business these days is going to occasionally have its challenges. But in comparison to owning and operating a typical retail store owning a kiosk business will be much easier, less stressful, and ultimately will allow you more freedom due to the nature of the kiosk business model. In most cases kiosk businesses can be operated on a part-time or semi-absentee basis with the owner’s primary function being to restock the units periodically. In fact many kiosk machines today have software installed in them which allows the owner to remotely monitor inventory levels and even sales by product saving more time and increasing profits.