Start a Prosperous Resale Shop: With Minimum Investment - Paperback
Start a Prosperous Resale Shop: With Minimum Investment - Paperback
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by G. Crutcher Dutch (Author)
A lot of people have ideas about starting a business, and there are few who decide to do something about it. The true businessperson is a doer, not a dreamer. A successful businessperson is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow. This book is written to take most of the research out of starting your resale business. A resale shop alone is a business that offers quality resale merchandise to the general public. A resale shop is the one business you can start with little expenditure for merchandise as your merchandise can be obtained from families downsizing, people moving and not wanting to take items with them, people remodeling and getting new things, and loved ones passing away and donating their items.Know the difference between resale shop and consignment shop and how to make it work for you.Do you really have what it takes? What you should ask about yourself before getting started, If you know the potential pitfalls of the business. then you can avoid them.Estimate your startup expenses.Research your market to ensure the right location.Startup requirements - licenses, finances, partnerships, fees.Layout of the shop - the best way to have your shop set up for the best sales.Startup timetables and schedules - pre-opening sales.Decide what to sell and finding the best products.Sample newsletters and press releases - samples to get you started in the market.Helpful promotional strategies -to get you started.How to attract and keep customers.Set up an online shop.How to sell outside the shop at flea markets, kiosks, etc.Stored merchandise - what to do with unsold items.