Spiritual and crystal shop on your high street

Local shoppers, gift buyers, tourists and regulars who like to browse in person, plus attendees of paid events.

Retail sales at a markup, plus ticketed workshops, room hire for practitioners and an online shop alongside the premises.

• Retail and stock management
• Customer service and a welcoming manner
• Budgeting for rent, rates and stock
• Local marketing and social media

• Rent, business rates and lease terms, check any small business rates relief available
• Public liability insurance plus cover for stock and contents
• Check product safety rules for candles and incense
• Fire safety and planning or change of use rules for the premises, check with your council
• Avoid health claims about crystals or products, check advertising rules

Estimates suggest startup costs are typically around £8,000 to £35,000, depending on the premises, lease terms, shop fit-out and how much opening stock you buy. Insurance and marketing will also affect the total.

Monthly revenue is typically estimated at around £3,000 to £12,000, depending on your location, stock range and whether you add paid workshops, readings or meditation evenings. Remember to allow for rent, rates and stock costs.

Check rent, business rates and lease terms, including any small business rates relief. Look at public liability, stock and contents insurance, product safety rules for candles and incense, fire safety and change of use rules with your council, and advertising rules.