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Retail Business

Lighting Shop

It’s time to shine some light on your business startup.

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Business At A Glance

Lighting Shop

Startup Costs: $10,000 – $50,000
Online Operation? No

Business Overview

Upgrading or replacing interior lightfixtures has become a very popular home improvement project for manyhomeowners simply due to the fact that this type of improvement isrelatively inexpensive and can have a beneficial impact on theappearance of their homes.

Starting a business that sells interior andexterior lighting products is a wise choice for a new businessenterprise. This sort of retail operation does not require a lot offloor space and as a method to reduce start-up costs you may evenconsider forming a joint venture with an established retailer in yourcommunity.

Good matches for this type of retailing alliance wouldinclude a furniture store or paint and wallpaper store. Also be sure toinitiate a direct-mail marketing campaign aimed at architects,homebuilders, and interior designers, as they can also become customersor refer their customers to your store.

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Retail Business

Linen Shop

This retail business requires an eye for detail and design.

Entrepreneur

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Business At A Glance

Linen Shop

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

Business Overview

Retailing towels, bedding accessories, andtable linens can be extremely profitable, especially when you considerthat these products are routinely marked up 100 percent or more forretail sales. However, like any retail operation, success comes tothose operators with an eye for detail and a habit for practicing soundbusiness judgment, and a linen shop is no exception to the rule.

Considerations prior to opening will include business location, localcompetition, methods of advertising and promotion, and all managementaspects including finances, employees, and inventory. On the positiveside start-up costs for this type of business are reasonable, as thereare few chattel and equipment requirements.

The bulk of availablestart-up capital can be used for purchasing moneymaking inventory. Forthe financially concerned entrepreneur, consider a store-within-a-storeapproach as a method to reduce start-up costs. Good matches includeexisting retailers of home furnishings and grocery stores.

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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

Used Wedding Gowns

Help brides-to-be find beautiful, affordable gowns.

Entrepreneur

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Business At A Glance

Used Wedding Gowns
Startup Costs: $2,000 – $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? Yes

Business Overview

Sell secondhand wedding gowns from home as well as on the internet for a profit. In a nutshell, the main objective is to purchase secondhand wedding gowns and accessories at bargain basement prices and resell these same gowns for a profit.

The gowns can be sold from a home based location as well as on the internet by developing your own website. In addition to purchasing gowns, you can also accept consignment gowns and retain 25 to 40 percent of the sales value for providing the service.

Additionally, to boost profits you can enlist the services of a local seamstress to also provide clients with custom, made-to-order new wedding gowns. Advertise your business in your local newspaper and build alliances with wedding planners to promote the business.

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