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Retail Business

Gun Shop

Here’s a great market to shoot for.

Entrepreneur

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Business At A Glance

Gun Shop

Startup Costs: $10,000 – $50,000
Online Operation? Yes

Business Overview

In spite of the fact that gun ownership isbecoming increasingly restrictive due to government legislation in boththe United States and Canada, opening and operating a retail businessthat buys, sells, and trades guns still has the potential to beprofitable.

In addition to gun sales you can also sell ammunition andhunting-related products as well as offer a gun repair service. Promotethe business by establishing alliances with gun clubs and shootingranges as well as with firearm instructors, as these clubs andindividuals can refer your business to others.

Starting this type ofretail business will require a substantial investment and you will alsohave to clear a few legal hurdles before you can open. A well-promotedand operated gun shop could return the owner a six-figure yearly income.

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Retail Business

Sleepwear

This huge market is one you should be able to cozy up to.

Entrepreneur

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Business At A Glance

Sleepwear

Startup Costs: Under $2,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

It’s a fact that more than six billionpeople inhabit this planet and the vast majority of people wear somesort of clothing to bed that was purposely designed for being slept in.That is one gigantic potential marketplace, thus creating an excitingbusiness opportunity.

There are various options available for startingthis business, so consider these options:

  • Purchase various styles of sleepwear on a wholesale basis and hostin-home sleepwear parties that generate orders for your products. Design and manufacture your own line of sleepwear and wholesale yourproducts to retailers.
  • Create a sleepwear website that enables visitors to create their ownsleepwear by selecting style, size and fabric.
  • Design and sell patterns used for creating sleepwear and let consumerssew their own from the patterns.
  • Secure the licensing rights to popular children’s program charactersor themes and incorporate them into sleepwear for kids.

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Retail Business

Used Furniture Retailer

Help others out of their financial hardships by picking out classic furniture to sell.

Entrepreneur

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Business At A Glance

Used Furniture Retailer
Startup Costs: $10,000 – $50,000
Online Operation? Yes

Business Overview

Purchasing secondhand furniture at auction sales, garage sales, from classified advertisements, and estate sales is the starting point for opening a used furniture store, or reselling secondhand furniture right from your home.

There are a great number of benefits to starting a business that sells secondhand furniture:
  • No special skills or equipment requirements.
  • Relatively low initial start-up and monthly operating costs.
  • Great profit potential, as used furniture can be marked up by 100 percent or more.
  • Very little in the way of government regulations beyond a business license.
  • Proven stable and profitable retail industry.

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Retail Business

Filing Systems

Keep businesses organized with helpful filing systems.

Entrepreneur

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Business At A Glance

Filing Systems

Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Environmentalists once envisioned thecomputer and its electronic information storage capacities as theabsolute final solution for a world that would no longer need toconsume paper products. However, as long as an original signaturestands as the most binding and unchallenged legal identification for aperson, there will always be a need for paper, files and filingsystems.

Operating a business that sells and installs filing systems isa great home based enterprise to set in motion. Not only can you make aprofit on the initial sale of the system, but as your client’s businessgrows and expands you’ll receive repeat sales of filing supplies.

Customers can include businesses and professionals whose business orservice is document-reliant such as lawyers, doctors, advertisingfirms, financial institutions, schools and government agencies. Aim foryearly sales of $200,000 while maintaining a product markup of 50percent. The results will be a terrific home based business generatingrevenues of 70,000 per year.

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