How To Open Your Own Thrift Store

How To Open Your Own Thrift Store
How To Open Your Own Thrift Store

Video: How To Open Your Own Thrift Store

Video: How To Open Your Own Thrift Store
Video: Up Close: Young Entrepreneurs Turn Thrift Store Shopping Into Full-Time Business 2024, December
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Some people choose to buy things from a thrift store. If you decide to open a consignment shop, you have made the right choice,. To create such a store, you do not need to have a large amount, since you will not have to purchase goods from counterparties. But for your business to be profitable and profitable, you must master the secrets of this craft.

How to open your own thrift store
How to open your own thrift store

Registration in instances

Be sure to come up with a name for your store. Remember that it must be original! To carry out financial and economic activities, you will need to register a company with the Federal Tax Service, with the FSS, with the Pension Fund and the statistics authorities. To do this, first of all, collect a package of documents to the tax office. If you plan to work only with individuals, you can apply for an individual entrepreneur; for cooperation with legal entities, it is better to register an LLC. Read more about this in the articles "Registration of LLC" and "Registration of IP". The inspectors will send letters to other instances on their own, you will only need to wait for the notification of registration (it will come to you at your legal address or at your place of residence). Order a seal, as you will need it for registration of sales receipts and invoices.

Search for premises for a retail outlet

To open a thrift store, you need to find a premise (approximately 50 sqm). Better if it is on the ground floor. It is not at all necessary that you own it; it will be enough to rent it. Conduct a small survey of potential buyers. As a result of the research, identify the best place for a retail outlet. If the room requires repair, carry it out. You can also come up with an original design, for example, make a shop in a retro style.

Selection of assortment of goods

After the registration is completed and the premises are found, you need to decide on the assortment. You can focus only on children's products (they are especially popular). Clothes for women are also in great demand, but men prefer to dress in ordinary stores.

Purchase of equipment

To sell things and products, you need equipment. Purchase hangers, mannequins, shelves, wardrobes, a fitting rack, and some mirrors. You will also need a cash register, which after purchase will have to be registered with the tax office. You can save money on equipment if you decorate the room in a vintage style. To do this, you will need old furniture; instead of cabinets, you can use old suitcases. But to make them look beautiful, you will have to decorate them with acrylics, fabric, etc.

Search for counterparties

To open a thrift store, you need a product. But since you decided to sell not new things, but used ones, you will have to find commission agents and conclude a commission agreement with them. To do this, you can post an ad in local media, TV, radio. Print and paste ads on the stands. You can find products for further sale via the Internet on sites with ads.

Advertising launch

Use ads to get people to know about your store opening. To do this, contact special advertising companies. You can also register on social networks, submit ads in the media.

As you can see, opening a thrift store is a snap. The payback period for this project is 1.5 years. At the initial stage, it is not at all necessary to recruit a large staff, it is enough to use the help of an accountant and one salesperson.

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