How To Open A Buyout Shop

Table of contents:

How To Open A Buyout Shop
How To Open A Buyout Shop

Video: How To Open A Buyout Shop

Video: How To Open A Buyout Shop
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Opening a business is the dream of many people who are tired of working for an uncle. To be your own boss, not to depend on the bosses and the imposed work schedule, to set the rules yourself and rely only on your own skill and luck. One of the safest and most efficient (in terms of cost and risk) businesses is opening a thrift store or buyout store.

How to open a buyout shop
How to open a buyout shop

Instructions

Step 1

The second-hand shop differs from the usual one in that it sells not new goods received from wholesalers, distributors or manufacturers, but used ones, which are accepted on a commission from the population. The undoubted advantages of such a store include the fact that at the initial stage, large costs are not required for the purchase of goods, since you can pay the seller only after the sale of his item, charging a certain percentage of the transaction amount. Basically, a thrift store is more of an intermediary organization than a sales outlet.

Step 2

Unlike a commission, a buy-up store gives people the opportunity to immediately receive money for their goods, placing all the risks associated with the sale on the store. Naturally, it is necessary to buy things 10-20% lower than the selling price. Many people need money right away, so such a store is unlikely to have a shortage of goods.

Step 3

First you need to decide what exactly you intend to buy. The most popular option is to buy small electronic equipment, cell phones, jewelry from the population. The advantage here is that you do not need large retail space to sell such a product, which means that you can significantly save on rent, while a multi-purpose thrift store needs large enough sizes to display and store goods.

Step 4

Having chosen the direction of activity and having received all the necessary permits (you can do this on your own or with the help of lawyers providing services for the registration of entrepreneurs), you can start looking for a suitable place to rent. You shouldn't go to the central shopping malls of the city, as the rent is very high there. It is much more efficient to rent a few square meters in the market or in a shopping center in a residential area. Depending on the degree of provinciality of the city, rent will cost about 5-15 thousand rubles per month. You also need to lay down the costs of the equipment of the outlet, cash register, showcases, counters.

Step 5

At first, you will be able to work behind the counter on your own so as not to spend money on wages. Of course, in order to correctly evaluate the goods brought to you on the commission, you need to have some special knowledge (to understand electronics, precious metals, old coins and books).

Step 6

Not to do without advertising. It makes no sense to spend a lot of money on television or radio advertising, it is better to place ads in newspapers, hang a sign or banner next to it. Advertising in elevators and entrances of houses located near your store is very effective. The cost of such advertising will be about 5-10 thousand rubles at the initial stage. In addition, you will need start-up capital directly for the purchase of goods. Here you can proceed only from your capabilities and market estimates, but it hardly makes sense to sell a pair of used phones or one or two gold bracelets, because a rich assortment will attract more potential buyers.

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