How to Start a Consignment Store
Search out a location for your consignment shop., Read up on what it takes to run a consignment business., Create a name for your business and order business cards and promotional flyers., Check with your local Small Business Association for...
Step-by-Step Guide
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Step 1: Search out a location for your consignment shop.
Look around town for storefronts that are for rent.
Contact a real estate agent to help you secure a location if you're having trouble finding a good one.
Make sure it's one that's easily seen from the road with good parking. -
Step 2: Read up on what it takes to run a consignment business.
A good place to start is http://www.startaconsignmentstore.com/.
There are many websites that can give you information on the business of running a consignment store. , Check online for a service that will print these for you at a fir price.
Also check with local print shops or office supply stores. , Open a checking account for the business. ,, When you start a consignment store, you need lots of merchandise, so as long as it's in good condition, take it. , You can find these all online by typing "merchant supplies" or "take credit cards" into your favorite search engine such as Google, Bing, etc. ,, You'll need lots of them and you want them all to match so your shop will look well organized. ,, to hand out and open your doors. -
Step 3: Create a name for your business and order business cards and promotional flyers.
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Step 4: Check with your local Small Business Association for information on getting a tax ID number and registering your business.
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Step 5: Open a checking account for the business.
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Step 6: Get the word out to family
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Step 7: friends
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Step 8: neighbors and anyone you know that you're seeking clothing for your new consignment shop.
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Step 9: Purchase a cash register
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Step 10: price gun
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Step 11: size tags and a credit card machine.
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Step 12: Prepare your location once you've secured it by installing racks
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Step 13: shelves and a counter for your cash register and check out area.
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Step 14: Buy hangers from a wholesaler online.
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Step 15: Start setting up the clean
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Step 16: well-pressed clothes by size.
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Step 17: When your shop is all set up
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Step 18: have your policies (customers get 50% of sale
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Step 19: store gets 50%
Detailed Guide
Look around town for storefronts that are for rent.
Contact a real estate agent to help you secure a location if you're having trouble finding a good one.
Make sure it's one that's easily seen from the road with good parking.
A good place to start is http://www.startaconsignmentstore.com/.
There are many websites that can give you information on the business of running a consignment store. , Check online for a service that will print these for you at a fir price.
Also check with local print shops or office supply stores. , Open a checking account for the business. ,, When you start a consignment store, you need lots of merchandise, so as long as it's in good condition, take it. , You can find these all online by typing "merchant supplies" or "take credit cards" into your favorite search engine such as Google, Bing, etc. ,, You'll need lots of them and you want them all to match so your shop will look well organized. ,, to hand out and open your doors.
About the Author
Alice Fox
Brings years of experience writing about hobbies and related subjects.
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