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Retail Business

Musical Instrument Sales

Keep your business in tune with your passion for music.

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Business At A Glance

Musical Instrument Sales

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

Business Overview

Retailing musical instruments is a fantastic business venture for themusically inclined entrepreneur who’s seeking a way to capitalize ontheir skills and interests. Ideally, this type of specialty retailingis best suited to a retail storefront.

However, for the financiallychallenged entrepreneur, the business could begin on a part-time basisfrom home; as a joint venture with a like-minded retailer, such as a CDshop; or online.

In addition to selling musical instruments, you canincrease revenues and profits by providing instrument repairs, classes,rentals, and sales of related products such as sheet music. Also, besure to establish relationships with schools, music teachers,associations and clubs in the community. This can be a fantastic way topromote your business, products and services quickly as word-of-mouthadvertising and referrals really work.

The Market

Your customers are local musicians, parents who want their children tolearn an instrument, anyone who wants to take up an instrument, andorganizations that teach or play music and need a supply of instrumentson hand (say, a church that needs a piano or a local music school thatneeds a drum kit).

Needed Equipment

Regardless of where you start up, you’ll need a decent inventory andthe ability to accept credit card payments. For repairs, you may needspecialty equipment depending on your area of expertise.

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Retail Business

Safety Clothing Sales

Help employers keep their workers safe with boots, neon vests and other apparel.

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Business At A Glance

Safety Clothing Sales

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

Selling safety clothing and footwear on amobile basis to customers working in factories, at construction sitesand in warehouses is a great business to get rolling. The business canbe operated on a full- or part-time basis and managed right from a homebased location.

In North America, millions of dollars are spent everyyear by workers, companies and organizations to purchase safetyclothing such as vests, coveralls and work boots. Securing a smallportion of this very lucrative market can be as easy as securingwholesale accounts with manufacturers of these items, purchasing adelivery vehicle and creating a catalog featuring the items for saleand distributing it to potential clients.

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Retail Business

Work Uniforms

Millions of people have to wear uniforms to work. Target this demographic by selling work uniforms.

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Business At A Glance

Work Uniforms
Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Online Operation? No

Business Overview

There are a few options available when considering starting a business that retails work uniforms and work clothing. The first option is to establish a retail storefront location to stock and sell work uniforms. The second option is to establish a mobile business that sells work uniforms from a large van or delivery truck.

Both options have drawbacks and benefits in terms of the business. However, the second option of being a mobile retailer of work uniforms will be less costly to establish, as well as operate. The types of uniforms and work clothing that can be sold include work overalls, health-care uniforms and scrubs, fire and police service uniforms, and school uniforms.

Also stocking and selling specialized footwear, such as steel toe work boots, can earn additional revenues. Regardless if the business is operated from a fixed retail location or on a mobile basis, one of the main marketing tools required is a full-color catalog that features the work wear available for sale. You’ll want to distribute this catalog to any local businesses in need of your uniforms. You might also want to offer discounts on bulk purchases to influence businesses to choose you as their main uniform supplier.

The Market

Local businesses, people in the healthcare industry who must purchase their own scrubs, parents of children enrolled in schools requiring uniforms

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Retail Business

Used CD Shop

Share a love of cheap and legally-purchased music with your customers.

Entrepreneur

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Business At A Glance

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

Business Overview

If you love music, consider starting a used CD shop. The business can be established in a storefront location or alternately in a sales kiosk located within a busy mall or public market.

To initially establish an inventory of CDs for the business, place classified advertisements in the local community newspaper offering to purchase whole or partial CD collections.

Currently, secondhand music CDs are retailing for $5 to $12 each, and as rule of thumb, owners of secondhand CD shops mark up all products by 100 percent for retailing purposes.

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