Wednesday, October 14th, 2009

How does one go about opening their own book store?

Morganna asked:


My friend and I want to open out own Pagan book store and were wondering where we should start.

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4 Responses to “How does one go about opening their own book store?”

SG Elite Says:
October 15th, 2009 at 6:34 pm

1) Get a licence
2) Find the location
3) Stock-up the store
4) Connect with Visa, Mastercard, Diners & Amex
5) Viola, you’re in business.

nicole_j_52638 Says:
October 17th, 2009 at 2:30 pm

I am currently working on starting my own store and here are some resources to check out for help.
there is a great book that i think every small business owner should have called Small business startup
You might also check to see if your town has a small business development center. They will also give out loads of information.
Before I forget, the biggest thing to remember. Make sure you have a sound business plan created. It may seem like hard work and pointless at times, but it really helps keep things in order and you can not get an effecient loan without one. And make sure you get a lawyer who can sign a formal partnership agreement. Even though you trust your partner, you should always fill out sometype of agreement in writing. Just in case something happens.
Check out these sites and they should help you get started. I hope I helped out.

Deb H Says:
October 19th, 2009 at 1:32 pm

Research your market first.

Assess demand. If it is a niche market, not appealing to a huge percentage of the population, then the demand from one town/city may not support a store.

Assess the competition. Online sales would be more appropriate for this type of niche market, especially for books which are easy to mail. Mmm, have Amazon got pagan books sewn up already? They have the advantage of huge economies of scale and can therefore sell cheap. Could you compete? Would you want to try?

ArcadianStormcrow Says:
October 19th, 2009 at 8:57 pm

I second the recommendation to assess the market first. I’ve seen a lot of Pagan bookstores that popped up, then disappeared after a few years, simply because they didn’t make enough.

If there is enough of a market (large enough Pagan population with enough free cash, and no competition), I’d also recommend making sure you can appeal to the larger community as well – find things to get non-Pagans in there as well for classes, knick-knacks, etc.

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