SHY TED Posted April 4, 2014 Share Posted April 4, 2014 One or two on here (the usual suspects) are decrying the stallholders for accepting a stall at discounted rates knowing full well what the full rate would be, I assume they were also promised a certain amount of footfall from the council in the new location. I wouldn't decry anyone for taking advantage of any freebie offered when starting up a business. The problems are all with the council when the freebies start to run out and the businesses start to look for somewhere cheaper. If the council can't fill the market when they are offering rent free stalls, I can't see folk queuing up for them when those silly rents start coming in. Link to comment Share on other sites More sharing options...
BoroB Posted April 5, 2014 Share Posted April 5, 2014 The list may be getting longer but any business seeking to set up a stall would be aware of all the costs before hand. When setting up your business plan you include all the costs and weigh them against best and worst estimates of projected sales. If the numbers mean you're going to make a loss then you need to make some changes, whether that be location or whatever. Complaining after the event is the mark of either a whinger or bad planning. jb All stallholders in the new market, whether transferring from the old market or new traders, had to submit a detailed 5 year business plan for the council to vet. As the business plan had to include financial forecasts you would hope that anyone who hadn't included business rates as an expense would have been pulled up on this by the council. The problem with preparing forecasts for a new venture is you do not know how busy trade is going be and thus forecasts are a guesstimate. Link to comment Share on other sites More sharing options...
marketman Posted April 5, 2014 Share Posted April 5, 2014 Also the markets management "suggested" that the footfall would be 120,000+ per week, with NO movement on charges should that not happen. Link to comment Share on other sites More sharing options...
Happ Hazzard Posted April 5, 2014 Share Posted April 5, 2014 SCC are people who couldn't get jobs in the private sector. Link to comment Share on other sites More sharing options...
999tigger Posted April 5, 2014 Share Posted April 5, 2014 Also the markets management "suggested" that the footfall would be 120,000+ per week, with NO movement on charges should that not happen. TBF they might have to adjust. They have no market without stall holders. Ofc they might have planned for no market. Link to comment Share on other sites More sharing options...
Happ Hazzard Posted April 5, 2014 Share Posted April 5, 2014 What is the markets "anchor", to get people in there and walking past the stalls? Link to comment Share on other sites More sharing options...
999tigger Posted April 5, 2014 Share Posted April 5, 2014 What is the markets "anchor", to get people in there and walking past the stalls? 1. Some people like markets. Environment. 2. Variety of products. 3. Good stall holders. 4. Cheaper prices. 5. Location- controversial. Link to comment Share on other sites More sharing options...
Happ Hazzard Posted April 5, 2014 Share Posted April 5, 2014 Some people do like markets. Some other people aren't too bothered but would go in there if there was something to draw them in there. Link to comment Share on other sites More sharing options...
999tigger Posted April 5, 2014 Share Posted April 5, 2014 That's why I said some and not all. Link to comment Share on other sites More sharing options...
LeMaquis Posted April 5, 2014 Share Posted April 5, 2014 SCC are people who couldn't get jobs in the private sector. They're clearly not as clever as Robert Maxwell, Nick Leeson, Fred Goodwin, Bernard Madoff, et al. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now