Bead shop with workshop space

Local hobbyists, beginners looking for classes, small jewellery makers and people booking craft parties or gifts.

Shop sales of beads and supplies, plus fees for workshops, parties and repairs or restringing. Classes help build a loyal local customer base.

• Jewellery-making skills to advise and teach
• Buying and stock control
• Friendly customer service

• Check the lease terms, business rates and any small business rates relief you may qualify for
• Check planning use class and any shop signage permissions with your council
• Public liability and contents insurance, and employer's liability once you hire
• Stock is a big upfront cost and slow-selling lines tie up cash
• Check safety rules for small parts if running children's workshops or parties

Startup costs are typically around £8,000 to £30,000, depending on the lease, shop fit-out, how much stock you buy and insurance. These are estimates, and stock is a big upfront cost, so plan your opening range carefully.

Monthly revenue is typically around £2,500 to £10,000, depending on footfall, stock range, classes and party bookings, and any online sales. This is an estimate of revenue, not profit, and shop hours usually start from around 35 a week.

Check the lease terms, business rates and any small business rates relief you may qualify for. Also check the planning use class and shop signage permissions with your council, insurance including employer's liability once you hire, and safety rules for small parts at children's workshops.