I have always wanted to open a thrift store ...but ,I have NO idea where to start....I have been ALL over the computer and I still feel like I'm going in circles. Does anyone know what has to be done to start a business... and can anyone tell me how to get items to put in my store once I do start it....besides the obvious...yard sales, family and friends,auctions...... I just need all the help I can get. Thanks and have a great week!
2007-01-30 14:33:20 · 6 answers · asked by hthr34 2 in Business & Finance ➔ Small Business
There is a very successful thrift shop near my hometown and they don't have to buy stock....it comes to them in the form of consignments. They rent an older store in a charming part of town and have had to become very selective about what they accept on consignment since there are always eager people wanting to sell their good cast-offs. They charge 20% commission on each sale and the store is always overflowing with customers and merchandise. Some of my favorite pieces came from there and at a considerably lower price than if I'd purchased retail.
2007-01-30 14:44:44 · answer #1 · answered by jidwg 6 · 0⤊ 1⤋
First thing to do is to take a small business class at your local college. Trust me, the cost of this class will save you tons of money in the long run. Most importantly, it will help you develop a business plan. Or you can go to the library and start checking out books about how to write a business plan. Most small business owners fold in two years because they don't have a plan. Your business plan will help you figure out how much space you need, if you should rent or buy your building, necessary insurance (liability), the number of workers you need, etc. Good luck
2007-01-30 15:00:54 · answer #2 · answered by Amie T 2 · 1⤊ 0⤋
contact the small business administration. they love it when women and minorities want to start businesses and give a lot of help to them. they go over everything with you from your ideas, where you want your store, how to get started and what you will need, in some cases they give you the financial backing. so check with them. they are a lot of help. good luck with your business. everyone loves a good thrift store.
2007-01-30 14:47:34 · answer #3 · answered by hammy 3 · 3⤊ 0⤋
Specialize. in case you want to do clothing then probable the terrific one is baby's clothing. they're frequently in very sturdy difficulty and your donors will additionally purchase from you for the reason that they'll ought to interchange what their babies outgrow! Be prepared, be sparkling, set it up like a frequently happening retail keep. you will ought to spend greater funds which you ever anticipate on advertising. ensure your area is in a intense-site visitors area. determine you will no longer make any funds for the 1st 6 months. Oh, and you will artwork much greater hours than you ever have self belief a risk - 60-70 hours each and every week in the commencing up.
2016-09-28 05:20:39 · answer #4 · answered by ? 4 · 0⤊ 0⤋
Check with your local chamber of commerce to ask about getting a business license.
If you donate part of your proceeds to charity, you will more than likely get people to donate most of your capital.
You will probably want to talk to a lawyer at some point to draw up contracts, etc.
2007-01-30 14:38:43 · answer #5 · answered by Jdogg1508 3 · 1⤊ 0⤋
Get the free e-book from this site. It will help in all business ventures.
GOOD LUCK!!!
www.tagurit.net
2007-01-30 16:00:51 · answer #6 · answered by Anonymous · 0⤊ 0⤋