How To Start A Second-hand Business

Table of contents:

How To Start A Second-hand Business
How To Start A Second-hand Business

Video: How To Start A Second-hand Business

Video: How To Start A Second-hand Business
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Second hand can be a very profitable business for its owner. After all, used clothes are much cheaper than new ones. At the same time, if you approach the formation of this business correctly, then the company will definitely not incur losses.

How to start a second-hand business
How to start a second-hand business

Instructions

Step 1

Rent a room that must be at least 40 m2 in area. It is best to rent it in a residential area or on the street that is located closer to one of the main avenues. First, analyze the location of competing firms. Then find the most suitable place to open your store.

Step 2

Purchase the necessary equipment: racks, display cases, hangers, simple tables, bales, cash register. On average, you should expect that you need to purchase 10 kg of clothing for 1 m2 of rented space. That is why it is worth buying showcases for all the goods.

Step 3

Register your second hand in the form of an individual entrepreneur or LLC with the tax authority. To do this, collect the necessary set of documents, write an application and pay the state fee.

Step 4

Find several reliable wholesale suppliers. Agree with them so that deliveries are carried out without interruption, the price of the goods is acceptable, and the goods themselves arrive in perfect condition.

Step 5

Find the right staff. In a store of this type, there must be a cashier, a security guard in the trading floor and a cleaning lady. As a rule, second-hand consultants are not hired, because buyers should be given the right to independently choose a product. In this case, the seller-cashier must be aware of the availability of each product.

Step 6

Order a good advertisement or run a promotion right in the store. You can create special brochures or flyers to attract customers or run advertising banners on the Internet or on television at once for the mass of people. Also, if funds allow, you can put up a billboard or hang a sign about the imminent opening of a second hand right next to the store entrance. This way you will be able to attract the first buyers.

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