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Retail Business

Wine Shop

Drink to your health and to your business.

Entrepreneur

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Business At A Glance

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

Business Overview

Retailing wine can be extremely profitable, and this type of business can even be operated from a well-positioned kiosk located in a mall or market. In the right location, walk-in customers will keep you busy selling lots of wine.

But as a method to bolster sales and profits, also be sure to establish alliances with event and wedding planners, catering companies, and business clubs and associations as they can become a great source of repeat business.

Like any retail business, seek a competitive advantage, meaning offer your customers something the competition does not. Perhaps phone-in orders with free delivery or maybe a weekly wine tasting night. The ability to separate your business from the competitions’ often is the difference between business success or business failure.

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Retail Business

Secondhand Clothing Store

People love a bargain. Put your good taste to use by opening a used clothing store.

Entrepreneur

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Business At A Glance

Secondhand Clothing Store

Startup Costs: $2,000 – $10,000
Online Operation? Yes

Business Overview

There are a few options available to theentrepreneur considering a retail business that sells secondhandclothing. The first and most capital-intensive option is to open a usedclothing store from a fixed retail location or storefront.

The secondoption is to sell the secondhand clothing items via a flea-marketbooth. The third option is to develop a website and sell used clothingonline.

Of course, all three options could be combined into oneoperating format, and combining all three methods of marketing anddistribution would greatly increase potential business revenue. Thereare even a few companies that sell secondhand designer clothing by wayof home parties and independent sales consultants, which could also bea potential avenue worth investigating.

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Retail Business

Used Children’s Clothing

Help parents out of financial hardship by selling used children’s clothing.

Entrepreneur

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Business At A Glance

Used Children’s Clothing
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

All parents want the best clothes for their children, but unfortunately, financial budgets don’t always allow for the purchase of children’s designer clothing. Not to mention the fact that kids can grow out of their clothes as quick as you buy them.

The solution to these problems is to open a secondhand clothing store or flea market booth featuring apparent for children. In both cases, you can purchase good quality secondhand children’s clothing at bargain basement prices–from parents whose children have outgrown them and want to trade them in for credit at your store–and then resell the clothes for a profit.

Accepting consignment clothing is another way to reduce business startup costs. You can also accept used toys and books to add additional merchandise to your offerings.

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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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