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To set up a bicycle shop business, there are certain things that you should possess.Some of them are a bicycle repair toolbox, a great location, access to a cheap supply of bicycle parts, great customer service and a business plan sample.Quiz every applicant on bicycle brand knowledge to ensure that your staff is ready to sell from day one.
The National Bicycle Dealers Association (NBDA) promotes the potential as well as the dangers of opening a bike shop in the United States.
The number of bike shops has shrunk from about 8,000 stores in 1982 to 4,000 in 2013, reflecting the costs and challenges in this competitive industry.
Research existing and proposed bike trails before conducting an informal survey of cycling culture in your business plan.
Rent retail space for your bike shop that is sufficient to hold bicycles, accessories and supplies.
Expand your educational efforts by developing a website for your store with additional tips as well as bike photos and ordering information.
If your community lacks formal trail maps or a bicycle trail system, create your own map to point out bike-friendly areas in your region.
Post simple advertisements with coupons at colleges, gyms and other businesses in your community to increase exposure for your bike shop.
Nicholas Katers has been a freelance writer since 2006.
Hire a handful of bike and outdoor enthusiasts to staff your bike shop on a part-time basis.
In addition to bicycle sales people, your newspaper and online recruiting ads should focus on applicants with bike repair experience.