Launched Mobile app looking for investors

  

Well Established Agriculture Company looking for silent investor for acquisition funds

  

Luxury Online Leather Bags Seed Investment

  

T3 Endeavor Canada (British Columbia)

  

Looking for my Paul Allen

  

Loan Investment in Business

  

Kitty Door Knocker

  

Grand Medina Resort, Florida - 217 acre master planned development

  

Evotrux - The Fast, Easy Way to Book Freight & Trucks Online

  

Biomass Production Company Paying 15% Interest Annually

  

Constructing and Operating the Biggest Mushroom Farm in Quebec

  

Advanced Solar Power Collector

  

Invest in an up and coming Energy Beverage Company

  

Forward Thinking Investor / Partner To Grow Natural Food Business to $10+ million

  

Prospect Academy - Specialized Private Education

  

Consumer Packaged Goods - Hybrid Diapers – the first to reduce garbage.

  

Seeking funds to Buyout lone Investor

  

Environmental clean up

  

Affordable Housing

  

UPDATED **Canadian Made PPE Plant With 5 Year Government Contract

  

Passive Homes built at 50% of cost that sell for 20% more then any house. Done in 14 days on site

  

Virtual Reality Arcade Expansion

  

Share 10% of our sales profits on items you invest in plus minimum monthly payment

  

Self-Propelled Personal Flotation Device – US Patent 10,556,151

  

Real Business - $900,000/yr Sales

  

Home Care support Software solution

  

JUST THE BEST Delivery system for essential nutrients

  

Engine Oil Distribution

  

Travel Agency

  

Claystone Rental Property

  

Canada Esports Leader in Venues, Tournaments, and Content Creation.

  

Loan/investment

  

Audio Visual Solutions Company Opportunity

  

Digital Asset Mining, Crypto Finance Start-Up, MVP Completed, 3 Year Profit Projections Ready

  

Osteoporosis Treatment

  

Stadium, bars, and restaurants application looking to raise funding for development and marketing

  

Hydrogen as a fuel source Technology - Time to Scale

  

Vancouver Real Estate and Healthcare

  

JV OPPORTUNITY - 16%, 4 Months, Monthly Dist., 20% SP

  

Funding for undertaking Research at Canadian University

  

 

Canadian Investment Network



Pitching Help Desk


Testimonials

"Thank you very much for the extra input with my Restaurant/Nightclub proposal. I already have a couple investors who are requesting more info, and that's less than 24hrs after submitting the proposal to you. I am very pleased."
Rodrick Agcaoili

 BLOG >> Recent

Emporium Business Model [Business Models
Posted on September 21, 2015 @ 09:08:00 AM by Paul Meagher

One news story that interested me this weekend was news that musician and music producer Joel Plaskett was opening up an Emporium in the front part of a commercial space he owns. The back part is occupied by his recording studio, but on October 10th he will add three new tenants that compliment his own business and each other. In the front part of the Emporium he will house a vinyl record shop, a coffee and baked goods shop, and a hair cutting salon. You can read more about the Emporium on the New Scotland Yard website.

An emporium is like a small mall but owing to its smallness you have more control over the ambiance that you want to create in that space. The strength of this particular business model would seem to depend upon the careful selection of businesses that you want to have co-occupy the commercial space. Joel's first choice of occupant was probably Taz Records which has a long history of selling Vinyl records successfully even after all the big music stores have gone under selling music in more modern formats. Taz Records will compliment his studio business and his studio business will compliment Taz Records.

For many, browsing a good collection of vinyl records is even more pleasurable with coffee and people picking up a coffee might like to spend some time lounging in a vinyl record shop.

If I have to wait for my name to be called for a haircut, I would like to be able to have a coffee and perhaps browse some records. If I'm going to a coffee shop with some time to kill, maybe I'll be reminded of the haircut I should get.

The point is we can make up stories about how one business might compliment another business in an emporium. We can do this for a mall also, but it is harder to get it all working together and with the overall ambiance you might want to project.

In Joel's emporium he has a personal connection with many of the owners - they are not simply tenents, they are band mates and long time music acquaintances. Joel is already talking about hosting music events in the emporium which will help to create the type of music loving ambiance he wants to project.

It is too early to tell whether Joel's latest venture will be a success but I suspect he has found a better recipe for success than simply renting his commercial space out to whoever wants it. The emporium concept allows him to stack more functions in his commercial space and by making them somewhat complementary with each other and with his music studio business he is probably on a surer path to success than opting to simply rent out the space to the highest bidder. Joel as the proprietor of the emporium might also be generating more rental income for his space than if he rented only to one owner.

I'll end this blog with a bit of the lyrically clever and melodic music that Joel Plaskett is known for.

Permalink 

 Archive 
 

Archive


 November 2020 [1]
 September 2020 [1]
 June 2020 [4]
 May 2020 [1]
 April 2020 [2]
 March 2020 [1]
 February 2020 [1]
 January 2020 [1]
 December 2019 [1]
 November 2019 [2]
 October 2019 [2]
 September 2019 [1]
 July 2019 [1]
 June 2019 [2]
 May 2019 [2]
 April 2019 [5]
 March 2019 [4]
 February 2019 [3]
 January 2019 [3]
 December 2018 [4]
 November 2018 [2]
 September 2018 [2]
 August 2018 [1]
 July 2018 [1]
 June 2018 [1]
 May 2018 [5]
 April 2018 [4]
 March 2018 [2]
 February 2018 [4]
 January 2018 [4]
 December 2017 [2]
 November 2017 [6]
 October 2017 [6]
 September 2017 [6]
 August 2017 [2]
 July 2017 [2]
 June 2017 [5]
 May 2017 [7]
 April 2017 [6]
 March 2017 [8]
 February 2017 [7]
 January 2017 [9]
 December 2016 [7]
 November 2016 [7]
 October 2016 [5]
 September 2016 [5]
 August 2016 [4]
 July 2016 [6]
 June 2016 [5]
 May 2016 [10]
 April 2016 [12]
 March 2016 [10]
 February 2016 [11]
 January 2016 [12]
 December 2015 [6]
 November 2015 [8]
 October 2015 [12]
 September 2015 [10]
 August 2015 [14]
 July 2015 [9]
 June 2015 [9]
 May 2015 [10]
 April 2015 [10]
 March 2015 [9]
 February 2015 [8]
 January 2015 [5]
 December 2014 [11]
 November 2014 [10]
 October 2014 [10]
 September 2014 [8]
 August 2014 [7]
 July 2014 [6]
 June 2014 [7]
 May 2014 [6]
 April 2014 [3]
 March 2014 [8]
 February 2014 [6]
 January 2014 [5]
 December 2013 [5]
 November 2013 [3]
 October 2013 [4]
 September 2013 [11]
 August 2013 [4]
 July 2013 [8]
 June 2013 [10]
 May 2013 [14]
 April 2013 [12]
 March 2013 [11]
 February 2013 [19]
 January 2013 [20]
 December 2012 [5]
 November 2012 [1]
 October 2012 [3]
 September 2012 [1]
 August 2012 [1]
 July 2012 [1]
 June 2012 [2]


Categories


 Agriculture [72]
 Bayesian Inference [14]
 Books [15]
 Business Models [24]
 Causal Inference [2]
 Creativity [7]
 Decision Making [15]
 Decision Trees [8]
 Design [37]
 Eco-Green [4]
 Economics [12]
 Education [10]
 Energy [0]
 Entrepreneurship [65]
 Events [2]
 Farming [20]
 Finance [25]
 Future [15]
 Growth [18]
 Investing [25]
 Lean Startup [10]
 Leisure [5]
 Lens Model [9]
 Making [1]
 Management [9]
 Motivation [3]
 Nature [22]
 Patents & Trademarks [1]
 Permaculture [36]
 Psychology [2]
 Real Estate [2]
 Robots [1]
 Selling [11]
 Site News [19]
 Startups [12]
 Statistics [3]
 Systems Thinking [3]
 Trends [7]
 Useful Links [3]
 Valuation [1]
 Venture Capital [5]
 Video [2]
 Writing [2]