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Regulations and Permits
Suitable Ownership
Business Name - Mangion Cycles Permits needed: Sidewalk signage, Workcover, taxation, stock.
Local Bike Shop Running repairs, selling bikes and special orders for customers
Small business idea
Small Business Poster
Sole Trader/ Partnership
Define the Form
With this ownership I can own the business on my own or with someone else to share the liability
Advantages of this form
Shared liability if partnership Own hours and operating ways if Sole Trader, You are the decision maker
Marketing
Radio advetising, newspaper ads, promotional signage at cycling events. Maybe even a short, local, TV commercial.
Quality
When building our bikes we will do full checks on all components and re-grease, greased components etc. All repairs will be checked over thoroughly to see if full repair services are needed. All other items in stock will be checked before being placed on the shelf for good quality.
Location
The business will be located in the inner CBD of Bendigo. preferably a location with a lot of foot traffic so many people can view advertisments on the front of the shop. The top of Mitchell Street across the street from the Bendigo Bank would be a good location.
Human resources
Good staff will provide good customer service, helpful advice and tips and will work hard when working on bikes to make sure everything is done properly
Places to find staff may be other bike shops, offer better work- place and pay
May need Two to Three staff members to run this business.
By Tynan Mangion