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If someone knows about starting a music retail store let me know.
Wholesale or authorized dealer? retail liscense or EIN? Thanks.

2007-01-12 11:26:15 · 1 answers · asked by allstarmusicstore 1 in Business & Finance Small Business

1 answers

The best routes to take are to research the process of starting a business as well as the industry you're interested in.

I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.

Associations may be a good avenue to explore. These organizations will address many of the thoughts, questions and concerns you'll inevitably have as well as many you haven't anticipated yet. See the source box for some relevant links.

Research, research, research – this cannot be stressed enough. Read as much as you can about the industry. Here are some book titles that are relevant:

* Start and Run a Profitable Retail Business by Jim Dion, Ted Topping
* Retail Business Kit for Dummies by Rick Segel
* Specialty Shop Retailing: How to Run Your Own Store Revised by Carol L. Schroeder
* So You Want To Own The Store: Secrets to Running a Successful Retail Operation by Mort Brown
* Goldmine Record Album Price Guide by Tim Neely
* The Industry Yellow Pages: The Official Radio, Retail and Distribution Music Directory. A Directory, listing over 2000 Radio Stations, 660+ Record Stores ... World-Wide? (On CD-ROM. PC & Mac compatible) by Platinum Millennium

There are plenty of free informational resources out there. Check the source box for links to articles.

Hope that helps! I wish you much success & happiness in all your ventures!

2007-01-16 04:34:37 · answer #1 · answered by TM Express™ 7 · 0 0

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