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Retail Business

Wholesaler

Be the middle person between a manufacturer and the retailer. With any product or service included, this is a business that will always be needed.

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Business At A Glance

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

Business Overview

A wholesaler is the link between a manufacturer or producer of a product or service and the retailer or reseller of the product or service. There are many different types of products and services that can be sold on a wholesale basis including food items, computers and software, telecommunications services, and even public utilities.

Starting a wholesale business is somewhat more difficult than starting a traditional retailing business. Not only do you have to source companies to buy products and services from, you also have to source companies to sell the same products and services to.
 
As competitive as the wholesaling business currently is, the future does look bright, especially when you consider homebased and cyberbased business start-ups are increasing at a record pace. Many of these new business enterprises lack the space required to get their products to market, which means they need the services of a wholesaler with distribution channels, warehousing space, and transportation capabilities.

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Retail Business

Leather Fashions

Rope in customers by offering leather clothes and accessories with large profit potential.

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Business At A Glance

Leather Fashions

Startup Costs: $10,000 – $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Online Operation? No

Business Overview

Selling leather fashions is another greatfashion retailing business to initiate. Worldwide there are thousandsof manufacturers of leather fashions and accessories, so securing awholesale source for products should not prove to be difficult.

In thespirit of being unique, consider retailing the leather fashions innontraditional methods including by ways of the Internet, home shoppingparties, and catalog sales. Like many clothing ventures, the profitpotential is excellent for a business that retails leather fashions, asmany items can retail for as much $1,000 each, and the same item canoften be purchased wholesale for less than $500.

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Retail Business

Collectible Clothing

Bring back the vintage and retro styles of years past with a collectible clothing store.

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Business At A Glance

Collectible Clothing

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

Business Overview

The value and popularity of collectibleclothing has been on a steady increase for the past decade, and thedemand for collectible clothing from the 1940s to the 1970s shows nosigns of diminishing.

Starting a business that sells collectibleclothing from a retail storefront location is a fantastic businessventure to set in motion. The profit potential for a retailer ofcollectible clothing will vary based on factors such as operatingoverheads, volume of sales, etc. However, a markup of at least 100percent should be maintained, and a higher markup on rarer collectibleclothing items is certainly not out of line.

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Retail Business

Newsstand

Outdated, you say? In spite of online media convergence, classic print newspapers will never grow old.

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Business At A Glance

Newsstand

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

Business Overview

In spite of the popularity of Internetnewsgroups and news Web sites, the good old-fashioned corner newsstandis here to stay. In fact, the arrival of the Internet has onlyincreased the public’s desire for information’electronic or print.

Starting a newsstand retail business requires getting in touch with oneof the many distributors that carry just about every kind of magazine,publication, and newspaper you can imagine, and so building allianceswith hundreds of publishers is not required.

Additionally, mostdistributors of publications in every form have a buy-back policy,meaning that once the publication is out of date it is returned andthere is no charge levied for it. The key to a successful andprofitable newsstand business is diversification; the business shouldalso provide customers with product selections such as lottery tickets,cigars, and snack items.

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