| |
Small Shops Marketplace |
Traditional Retail |
Flea Market |
| Startup Costs |
Minimal |
$25,000-$300,000 + |
Minimal |
| Financial Obligation/risk |
None. No long term commitments. |
Normally 5 years + and $100,000 or more |
None. No long term commitments. |
| Weekly Workload |
1 – 3 hours |
40 – 80 hours + |
20 – 25 hours |
| Paperwork |
Minimal |
Massive amounts |
Minimal. |
| Max number of locations |
Unlimited. Grow into any new location we open. Simply have each location restocked weekly. |
Unlimited. Only limit is the number of leases you can sign with various shopping centers and number of employees you can hire, train, retrain, fire, and manage. |
One. You must be in your "booth" to sell items and collect money. |
| Key Concept |
Stock your store and let the marketplace staff do all the work and take all the risk while you are doing other things. |
Commit significant resources, hire and train a number of employees, and sign long term leases to try to build a successful retail business. |
Turn your free time during weekends into an opportunity to make extra cash. |
| Risk vs Reward |
Small risk, virtually unlimited reward. |
Large risk, virtually unlimited potential reward. |
Small risk, modest rewards. |
