Today, trading places on the market are in high demand, deciding to rent a place, first of all, it is worth analyzing the cost, which depends on its location. The closer it is to the center of the market, the more traffic and, accordingly, the more expensive it is. Usually the market is divided into zones according to groups of goods; it makes no sense to rent a place in the zone that does not correspond to the goods being sold.
Instructions
Step 1
Finding a place in the market is, of course, a key moment in organizing a business, which determines the further success of the business started. The most useful option would be to do a self-guided tour of the market and choose a suitable location, but remember that the best spots are almost always taken. Therefore, first contact the market administration and inquire about the availability and cost of free seats, view the proposed options.
Step 2
After you have decided on the location, conclude a lease agreement with the market administration, which should stipulate the obligations of the parties, the procedure for settlements between the parties, the validity period, the responsibility of the parties, the details of the lessor and the lessee. Typically, such an agreement has a standard form, but before signing, carefully study it for "pitfalls".
Step 3
After concluding a lease, you need to launch a retail outlet - for this you need to select a seller. The further success of the business depends on him to a greater extent, therefore, you should not stop your choice on the first person you come across. Do not forget that the seller must have such qualities as politeness, decency and honesty, in addition, he must not scare away potential buyers, but, on the contrary, attract them. When hiring a person, ask for references from previous employers.
Step 4
Estimate the expected profit in order to understand how quickly the costs associated with renting a place in the market will pay off. For this, subtract the purchase price from the sales value of 1 kg or 1 unit of production, multiply the resulting total by the estimated average sales per day. After that, subtract the cost of renting the space and the seller's salary per day. The total amount will be the approximate daily income from one trading place. Please note that there can always be undefined administrative costs that need to be taken into account as well.
Step 5
Now it remains to win the trust of buyers so that a person who has once purchased a product at your outlet wants to buy products from you again and again. Try to gradually expand your assortment, thereby attracting new customers.
Step 6
Periodically compare prices for similar goods that competitors are selling, and try not to overstate them.
Step 7
Often, the lease agreement for a retail space indicates that in case of late payment, the tenant must pay a rather impressive penalty, so the payment deadlines must be respected.
