How do you get started in opening your own small retail store?

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mugsnicsam says:


If you asked me what I wanted to be when I grow up I would say a “professional scrapbooker.” It has been my dream to own my own small scrapbooking store for a while now and lately I have been wondering what is holding me back because life is so short and we only have one to live! I have heard that there are business grants out there for women who start up their own business- does anyone know of any or who I can get in contact with? What are the start up costs of this type of store or of this scale of a store? Where do I even begin in opening my own store? What are some things I need to consider before I begin opening a store? I am open to all comments and suggestions you may have because I am truly considering this!
Can anyone give me any good websites or references for beginning an online business or just a general physical store?

Tags: Business Grants, Own Business, Professional Scrapbooker, Retail Store, Scrapbooking Store, Start Business

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3 Responses to “How do you get started in opening your own small retail store?”

  1. pip
    July 29th, 2009

    Hi,
    Why do you need a “physical” store – why open an “online” store first to see how things go, what demand is like and also as a small “introduction” into the business world. With web hosting and store packages available so cheapily now you need’nt even reach 3 figures to get started.

    Phil

  2. AdamSteffens.com
    July 29th, 2009

    So many of my clients come to me with the same question. The first thing I would suggest is hiring a consultant to ensure that the entire project works out. So many people open business’s with a passion for the idea, however lose sight of the work actually needed. If cost is a problem, you may visit your local small business administration, however they most likely will not work with you on a daily basis, and therefore troubleshooting could take a week or more before your next appointment.
    Begin with a business plan. Make sure that it covers all the groundwork and lists what your intentions are. After that, you need to conduct some marketing studies and research to figure out the ideal location. While many people base the choice of location on traffic, so much more is needed to ensure a great future.

  3. Vinay
    July 29th, 2009

    Hello,

    Here’s a parttime business (free to join)for you if interested to join.Here are the brief details…….

    1. Your complete online webstore totally free setup.

    2. Easy signup process.

    3. More than 1000 stores with attractive rebates and discounts upto 50 percent.

    4. Earn money by referring other people you know.

    5. Work only 15-30 minutes daily.

    If interested ,visit

    Best Regards,
    Thankyou.