Independent glassware shop

Local households, gift shoppers, newly married couples and home movers, plus hospitality businesses placing trade orders.

Retail sales at a markup on trade prices, plus larger trade orders and personalisation services. Selling online as well can widen your customer base beyond the street.

• Buying and stock control
• Visual merchandising
• Customer service and selling
• Managing costs and cash flow

• Lease terms, rent reviews and business rates, so check them carefully before signing
• Shop insurance covering stock, breakages, theft and public liability
• Check whether the premises have the right planning use for retail
• Seasonal sales swings, so plan cash flow for quiet months
• Consumer rights on refunds and faulty goods, and supplier confirmation that drinking glasses are food-safe
• Employer's liability insurance if you take on staff

Estimates are typically around £10,000 to £40,000, depending on the premises, fit-out, opening stock and insurance. Check lease terms, rent reviews and business rates carefully before signing anything.

Monthly revenue is typically estimated at around £4,000 to £20,000, depending on location, range and trade orders. Sales swing seasonally, so plan cash flow for quiet months. This is revenue, not profit.

Check lease terms, business rates and whether the premises have the right planning use for retail. Also check consumer rights on refunds and faulty goods, supplier confirmation that drinking glasses are food-safe, and employer's liability insurance if you take on staff.