Starting a small business sounds exciting, doesn’t it? You picture your own space, connecting with customers, and bringing your dream to life. But what’s often overlooked are the hidden costs that can derail even the most passionate entrepreneur. Starting a small business is an act of courage. It’s about grit, resilience, and creating something meaningful—not necessarily to get rich, but to connect with a community and bring joy to others.

Here’s an honest look at what owning a commercial property has taught us so far:

Behind the Curtain of Owning Commercial Property

Gas & Electric Bill: $940.77 😱—our actual usage? Only $118.43 combined. The rest is delivery fees and flat charges. This isn’t a one-time cost; it’s monthly. Duke Energy has been the most shocking expense, feeling almost like a “real-life mafia shake-down.” No one warned us, so consider this a heads-up about utility costs in commercial spaces.

Backflow Inspection: $35 for the inspection, but an $800 installation fee just to meet code and have water. The device ensures nothing hazardous enters the public water supply. Strangely, this issue went unnoticed for years—until we acquired the building. Another surprise expense.

Triple Tax Assessments: Why charge once when you can charge three times? Taxes don’t shock us anymore, but the experience still feels like being robbed in the dark with no control.

Renovation Costs: $400,000+ for basic interior updates—flooring, paint, and building out a kitchen and bathroom with new plumbing and electric. We may also face a $250,000 sprinkler system requirement, fire escape installations, and elevator repairs. These costs keep growing. For example, we’ve waited over 60 days for an architect to draft the required plans ($4,000) to begin renovations. Without these plans, no progress can be made, but they’re essential for all future planning.

Why Businesses Fail Before They Open

This isn’t a sob story—it’s reality. We researched and anticipated many of these costs, but even with preparation, it’s clear why so many small businesses fail before opening day. Statistics show that 20% fail within the first year, and 50% within five years. Often, it’s not because the idea or product isn’t good—it’s because costs pile up too fast for small business owners to keep up.

Why We Chose Painted Tree Boutiques

If you’re just starting, save yourself some heartache. Spaces like Painted Tree Boutiques offer a flat monthly fee for a prime location to showcase your products—no surprise utility fees, no backflow installations, no hidden costs. This setup allows you to focus on building your dream without the massive overhead.

Yes, some consider Painted Tree Boutiques expensive, but the trade-off is worth it. Their locations are in high-traffic areas with built-in foot traffic. If your profits aren’t meeting expectations, you can adjust your products or pricing. Painted Tree provides the freedom to refine your business while staying true to your brand.

Not ready for that? Start smaller. We’ve done craft fairs and vintage markets, paying $25–$2,500 for weekend booths. Nearly all were profitable (except one rained-out event), and each taught us valuable lessons about connecting with customers.

Leverage Social Media

Another low-cost option is leveraging platforms like Facebook or TikTok Shop. While we’ve prioritized in-person connections, we’re now building our social media presence to grow our business. You can do the same! Social media allows you to share your story and reach a wider audience without the high costs of physical spaces.

Our Journey: From Honey & Fetch to Hive Craft Cocktails

For us, this journey has been about more than selling products. At Honey & Fetch Gift Shops, we celebrate life’s little joys—handmade candles, witty cards, and curated gifts. This business began as a grief project, helping me find light in darkness, joy in sorrow, and gratitude for the love I’ve known. Life is a gift, and our store is built on that foundation.

As we grew, we launched Hive Craft Cocktails, creating cocktail kits with dehydrated fruits and unique flavors. These kits, born in our kitchen, represent something bigger. Our dream is to expand Hive Craft Cocktails into a distillery offering both alcoholic and non-alcoholic options. It’s about celebrating life, connection, and joy.

The Challenges and Joys of Entrepreneurship

The night before closing on our commercial property, I told my husband:
“This will cost 2–3 times more than we expect and take 2–3 times longer. We’ll face surprises and hidden costs. Are you sure you’re ready for this? You can back out now.”

He didn’t. And I’m grateful. I’m a calculated risk-taker who thrives on challenges, and this journey is one I would regret not taking.

We aren’t doing this to get rich. We love the West Side of Cincinnati—the place where we grew up and started our family. After living out of state for over a decade, I wanted to return to my roots and contribute to the community. We aim to make our gift shop a welcoming space where people feel seen and excited to connect.

Lessons Learned Along the Way

• DIY projects taught us creativity and cost-efficiency.
• A small cake business taught me about quality and connection.
• Craft fairs and vintage markets helped us refine our offerings and connect with customers face-to-face.
• Painted Tree Boutiques gave us the opportunity to test products in a prime location.

Every step has prepared us for this next big leap: opening a brick-and-mortar location.

Support Small Businesses

Shopping small isn’t just a transaction—it’s an investment in your community. Every purchase supports someone’s dream.

Join us on at the Painted Tree Boutiques during events for added fun! With over 400+ small businesses in one location, there’s something for everyone.

If you’re considering starting a business, begin with low-cost options. Whether it’s craft fairs, Painted Tree Boutiques, or social media, focus on building your brand and connecting with customers.

If you’re in Cincinnati, stop by our shop or check out Hive Craft Cocktails. Together, we can spread joy, light, and connection—one gift or cocktail at a time. 💛

Explore Painted Tree Boutiques vendor opportunities at www.paintedtreeboutiques.com/maps.