As a newcomer when you’re competing against others who’ve been in the business for 20-30 even 50 years! You’re not gonna get it right the first time, or second or third… failure is necessary to be successful in any business venture and in life itself. And i am a thrift store, second hand shop, garage sale, estate sale shopper on weekends and weekdays if work allows it.
Articleshow to open a resale shophow to start a dairy farmhow to start a security companyhow to start a convenience text shared under a creative commons d by answer video is queuequeuewatch next video is to start a internet thrift store business plan - using the internet cribe from onlinetakeover? It would be a way to get more serious about setting up your own store while learning more about the ins and outs of actually buying and selling things. Same with business insurance and the license, both should have minimal costs (i’d personally form an llc as well).
There are benefits and drawbacks to each type of business so you may wish to discuss the options with a certified business planner or attorney before you ng a for-profit thrift store business will allow more freedom in your management style and allow for larger profits. I would try selling everything online/cl/ebay first and see how it goes, and then just store all your stuff in the garage while you learn and figure it out. In particular, i googled “how to start a thrift store” to see what that would result.
Seriously, i found a mid-century buffet for my thrift diving blog, which i was going to paint, but decided to see if i could turn it out for a profit, selling it as i bought it: unpainted and in perfect condition. I still find and sell stuff on craigslist for thrills and a little money, but alas this thrift store dream will remain just that – something fun to think about every now and then. It was just a tester piece of furniture for me, and it proved that i could find aweso thrift deals and resell.
Also, to a very large extent, you would need a website where you can as well blog of issues and the business you do. If on the other hand you choose to start away from home then a shop would do. If you are interested in a fun and potentially profitable way to make a living, you can start a thrift store business by following some basic if you want to start a thrift store that is a for-profit or not-for-profit business.
I figure if i can rent a booth cheap enough that i can manage the rent even if i sell nothing, it will be a good way to test it all out and would give me a better idea of what kind of money i could make in my own store and make the rents seem less scary. But it is important that you stay focused on the type of merchandise you want to deal in so that you are not distracted by others. Think it could be fun to open a thrift store up, but i also don’t think it would be easy.
He won’t do it full time because he doesn’t want the pressure of having to find and flip deals all the time to pay the bills and has a blast doing it on the does sell most things through ebay and bigger items on craigslist, but gets the face to face interaction while buying at yard sales and store liquidations. In my fantasy it would be in some funky little downtown, or maybe somewhere like new orleans’ french quarter and it would be a historic building where i could live upstairs and have my store downstairs. As you said, one of the problems of running an antique/thrift shop is manning the shop yet needing to get new things to stock the store.
Didn’t you write it so that all of your readers, we dreamers, could see how silly we were to think that having our own store would be less work and more play? It’s probably more expensive where you are, but the big antique store in my small hometown rents booths for $50 a month. I definitely think getting into an existing store is best, as long as it’s in a good location to drive more traffic.
Decide on the type of merchandize most thrift stores can offer all sorts of products from baby clothing, adult clothing, to baby furniture. On the other hand, if you are starting away from home and hope to get some used merchandise from the corporate world, then it is important that you go to the chamber of commerce or the corporate affairs authority office in your country to get all paper work your thrift store would be run for and by a charity, rather than for profit, the licensing and registration may differ. Lot of people keep equating flea markets , garage sales and thrift stores with antique shops.
I told him he needs to open up a store to sell all the junk he is 9, 2012 at 1:27 is a very interesting thought process. You may also consider spreading your tentacles by reading books on thrift store business and how they are run. Am all for more collectibles and thrift shops but call them what they 5, 2014 at 2:25 point :) you’re definitely right – there’s some sharp distinctions between a lot of these phrases being passed around, and i’m just as guilty as using them incorrectly.