Starting your own hardware store is one of the most obvious ways to start your own business. The basic idea is simple: you buy a product at a wholesale price and offer to buy it at a higher price. In retail, competition is fierce, and therefore, in order to succeed, you need to offer the consumer the product they need at a good price and with good service.
Instructions
Step 1
Register as a sole proprietor or LLC. To start working, you need to obtain permits from the state fire supervision authorities and Rospotrebnadzor. Also don't forget to register with the tax checkout machine.
Step 2
The location of the store is the main element of success. The biggest expense is rent. Therefore, choose the room wisely. A store can be opened by renting a space on a busy street in a business or residential area, or in a shopping center. Choose premises for your future store based on the "price" of one customer.
Step 3
Purchase the necessary commercial equipment - counters, shelves, showcases, cabinets. When setting up a sales area, keep the overall design impression in mind. Don't forget that your visitors must enjoy being in your store. People will want to return to a beautiful and well-furnished store.
Step 4
Enter into contracts for the supply of goods. When looking for suppliers, choose a company with a good reputation that can offer you quality products at an affordable price. Choose partners for long-term trade relations, in the future this will bring you more favorable terms of cooperation.
Step 5
The goods must be arranged according to the principle of convenience for the visitor and at the same time for the greatest safety. When opening your store, learn the basics of merchandising. Use knowledge of consumer psychology to generate the most income. Consider how you can place price tags so that they grab the attention of buyers. Use all possible means to attract visitors. Play the right music, set the lighting wisely, even the smell plays a role.
Step 6
When opening a store, you need highly skilled salespeople. For the first time, entrust the work on the selection of personnel to a recruiting agency. This will save you from mistakes and help save time.
