Starting up a music/book store?

Question

I am really interested in opening up a music/book store in my town. There are very few places to get music other than the popular stuff that's on the radio. We had one store that had books as well, and you could order cd's or books that weren't in the store. Anyways, I haven't had any education beyond high school, but this is something I really want to do. How would you suggest going about it?

No. I'm not "korean or foreign". I am however, a single mother, so I can get alot of my schooling paid for, I just have to find the motivation to go back.

Answer 1

Go to http://www.score.org/ to find the nearest SCORE chapter. In the upper left hand corner is a box to enter your zip code. Your nearest SCORE chapter will be on the next screen. Contact them to arrange for a free one on one meeting with a SCORE counselor about opening up a bookstore.

SCORE is a nonprofit organization. They provide a public service by offering small business advice and training. .

SCORE's 10,500 volunteers have more than 600 business skills. Volunteers share their wisdom and lessons learned in business. The volunteers are working/retired business owners, executives and corporate leaders.

Answer 2

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:

* FabJob Guide to Become a Bookstore Owner (FabJob Guides) by Grace Jasmine
* How To Start & Manage A Bookstore Business: A Practical Way To Start Your Own Business
by Jerre G. Lewis, Leslie D. Renn
* Retail Business Kit for Dummies by Rick Segel
* Retail Success! by George Whalin
* 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!

Answer 3

By going to college and getting a degree in Business... But unfortunately, by the time you're done paying off your student loans with the interest rates as they are... You'll be broke and won' have the capitol they teach you in school that you will need to start a business that will succeed...



Are you Korean or Foreign by any chance? Then, you'll be fine. They'll give you whatever you want.

Welcome to America!