More costs with photo kiosk business...
I'm not stressed, per se, but I'm already beginning to see slightly higher costs associated with the photo kiosk business. At a top level, there are still questions as to whether this will "go" as people have to use the machine. So, all these costs remain insignificant compared to the machine investment itself.
That said, there are some costs that are a bit higher...
- My location is in an old building in downtown Seattle, and the costs to run wires will be more than I'd thought originally. I even have to run my own electrical down to the spot.
- The outdoor site is windy, and I'll be hanging outdoor signage from an awning rafter. I thought I'd originally get away with a ruggedized vinyl sign, but it looks like I'm going to have to go for metal because I can't secure the sign from the bottom to keep it from blowing up and around the rafter.
- There will be some fixed monthly costs associated with the merchant account (monthly statement fees, etc.)
- Even the City of Seattle imposes its own tax structure. At the beginning, I'd only researched Newcastle taxes which only involved a small $25 business license fee. This really only hits me at the low end (fixed cost of a more expensive business license) and the high end (revenue tax) though.
Moreover, I'm thinking here that I'll probably need to invest in some marketing to tell local businesses and residents that this machine is there so that I can offset the tourist business... Probably postcards or flyers or something...

1 Comments:
A wealth of useful merchant account information can be found at the Merchant Council that is vital to small business success.
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