opening a retail bakery in Pastry & Baking Posted March 10, 2007 You shouldn't be asking anyone but yourself. Nobody knows your business better than you do and no one will be able to answer the question about if you should do it or not. In my years as an owner and running businesses for my folks when I was younger to now, I have learned that never ask someone for their advice, because it just doesn't matter in the long run. Either you do it or you don't and that question can only be answered by yourself. By the way, from experience, I would never sign a 10+ year lease. If the business fails, which no one ever thinks will happen to them, you will be responsible for the entire contract, which they will come and try to get from you. This I know from experience. So if you do sign some long to term lease, make sure you have a very, very good lawyer that can get you out of it (unlikely) or be prepared to file for bankruptcy or to pay up. I know people will try to disagree with me, but I've been in the situation, so I know from experience and trust me, it's not fun. So a 2 1/2 year contract with a 4 year option after that, is a pretty safe option. Just remember to give yourself outs if need be, because you don't want to ruin the rest of your if you don't make it. Sorry if I seem a little negative, but I'm just telling you from the real world aspect of the risk you will be taking. But even though I have been experienced a failed business once before, there's still nothing else better than working for yourself.