Q. I am transitioning to a new career
after sixteen years to spend more time
with my family. We moved to a very small
town (less than ten thousand people) and
I want to start an coffee shop business
and also offer PC repair. How can Iinvestigate
and then promote this business?
A. In a big city, you'll make decisions
by numbers and neighborhoods. In a small
town, you schmooze!
On the surface, everyone will be friendly,
optimistic and positive.
Your challenge: Get below the surface
and learn the true story. You might consider
asking a lot of questions before you disclose
your own intentions. Listen for, "I wish
we had"
1. Talk to others who have opened businesses
recently.
What challenges have they faced? What
works and what doesn't? Were others newcomers
successful? If so, were they truly new
or did they have deep roots in the town,
such as a brother who lived here forty
years?
If nobody's opened a business for awhile,
dig deeper. Maybe there's no market. Or
maybe they're just waiting for you to
arrive! Sometimes a new business can generate
latent demand. It's a judgment call.
2. Make a great first impression.
Promotion isn't hard in a small town.
Ten minutes after you've opened, everyone
will know! Some towns resist doing business
with uppity newcomers. Others welcome
new blood. Regardless, your first impression
will linger a long, long time. And you'll
have trouble recovering from a local opinion
leader with a bad experience.
3. Uncover the town's market and memory.
Considering buying a business? Take time
to discover the owner's reputation. When
the local residents seem eager for a change
of management, you'll need a new name
and image. But if someone's just moved
away and everyone misses them, you've
got a wonderful opportunity. Right now
in Silver City we could use a few first-rate
pet-sitters and dog groomers.
But be sensitive to change. Before I
moved here, I'm told, at least three coffee
shops failed. Now we have several, along
with a wine bar and a microbrewery. All
seem to be thriving.
4. Search the fine print of local regulations.
Here in Silver City, our newest businesses
had to fight all kinds of red tape to
get opened. One called City Hall to get
help with a business that was new to the
area. "It's not listed here," said the
clerk, "so it's probably illegal." (The
business has opened and thrives.) Another
discovered his license hadn't come through
because the Council forgot to add it to
the agendaand they weren't interested
in making last-minute changes.
Any time you serve food or drink, you
know you're facing permits. Find out what's
involved locally.
5. Prepare to do most of the work yourself.
In a small town, you can have trouble
finding good help. The local work ethic
may surprise you - in either direction.
6. Know your community.
Will your market come from second and
third generation local residents? Or are
you serving those who relocated recently
from urban areas? Here I've met folks
who think three dollars is way too much
to pay for espresso drinks. But those
who bonded with Starbucks will buy at
least one cup a day, every day.
7. Build relationships.
If you can attract a town leader, you'll
draw a following. Conversely, if you inadvertently
alienate a key player, or if a local person's
got an idea on the drawing board, you'll
be miserable.
And in a small town, you'll be expected
to be a super-citizen. Choose alliances
and sponsorships carefully. Prepare for
all sorts of friendly requests to donate
time, materials and money.
Cathy Goodwin, Ph.D., is an author, speaker
and career/business consultant, helping
midlife professionals take their First
Steps to a Second Career. http://www.cathygoodwin.com
"Ten secrets of mastering a major life
change"
mailto:subscribe@cathygoodwin.com
Contact: mailto:cathy@cathygoodwin.com
505-534-4294