I've been thinking of the ideia of starting a small bussines in my small town (especially because of my dad) . There's tourists every month of the year (especially in the summer) and I think that if I had a good ideia I can make minimum wage relatively fast.I was thinking of opening a coffee shop / ice cream shop where it would have a view to the beach/river. But I have some problems and questions.Problems:There's already 3 (or even more) coffee / ice cream shops through the town that are vey popular. Solution: I want to try get a place where is closer to the beach than the competition and I think that it would attract a lot people.I don't know if can get a place close to the beach. The buildings that are close to the beach are houses or other small bussines. BUT there's a land that is placed so so so good to create my bussines idea but there's nothing there to know who owns it/ if it's for sale/etc. There is not even a plaque with a contact.Questions:The money. If I would own a bussines, it would be better if things were already built. If they were already, I think that I could put +-5000 € in this right away in the beggining. And my dad says that he wanted to invest his money in a bussines so he can make more money when retired. So, how much money would it take to start? (Supposing that I'm not buying land and I don't need to build a building (only to spend money on decorating, utensils, etc).Do you think it could do well even tho there's a lot of coffee shops / restaurants "close" in the area?Do u have some tips to deal with local competition /sources of good advice on this type of stuff?Thank you! see hubwealthy.com/wealthy
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