If you love books and want to become an entrepreneur, opening a bookshop may be the ideal venture.
Every Bibliophile has once dreamt of having their bookshop. Bookstores can be found all across the country, from the smallest towns to the largest cities. Though electronic books, audiobooks and digital magazines have come into use, many people still enjoy buying and reading traditional, printed books.
Decide a niche
Target a niche for your bookshop. For instance, you can sell used books, educational books and supplies or children's books. If you decide to sell online, choose a very specific niche, such as books on religion, sports books or vintage cookbooks.
Each state and community has a different set of requirements for local businesses. So you’ll need to look into business licenses, zoning permits and any other necessary permission you’ll need to obtain before actually setting up shop.
Likely around other retailers, and somewhere there will be lots of foot traffic. Generally, the better the location, the more expensive the per-square-foot rental will be.
Furnish the Store
Since you don’t want all of that inventory to just sit on the floor, you’ll need some furniture. Invest in some large, sturdy shelves to hold all of your books. And you’ll also need a desk or table where you can help customers complete purchases. You might also consider adding some seating where customers can check out books before buying or wait while their shopping companions complete purchases.
Organize your books in a logical manner, if you will be opening a physical store or selling at a flea market. Example: make a separate area for the children's books, a section for the self-help books and group the craft and gardening titles near each other. Doing so will make it easier for customers to shop.
Marketing and Promotion
Market your bookshop. Distribute press releases to local media outlets, give free promotional bookmarks to customers, launch a blog or set up social networking accounts.