How to open an electronics store
Video: How to Start a Electronics Business | Including Free Electronics Business Plan Template 2024, July
Working for yourself is always more profitable. Especially if you know what you are doing and have start-up capital to start your business. And when the world is filled with more and more high-tech devices, the opening of an electronics store is a good investment of finances.
Instruction manual
1
Make a business plan. This will be a kind of program for your subsequent actions and an argument for the bank when taking a loan. However, you may not need a loan, if you decide to trade first only with small electronics - telephones, cameras and more. Also, a low-cost and popular option is commission trading in similar goods.
2
Prepare all the necessary documents for opening your store. Register with the tax office at the store’s opening location. You will receive a certificate of legal entity. To do this, you will need to decide in advance with some points: the name of the company, founders, occupation, taxation system, and director and accountant positions. Register in the Unified Register of Legal Entities and get a TIN. Register with IMNS. In Goskomstat get the code KVED. Sign up for social insurance, pension and health funds. Make a seal and open settlement accounts. Get permission to place your store’s signboard. Get the conclusions of the State Fire Supervision and Rospotrebnadzor. Register cash registers. You can collect all these documents yourself, but you can turn to a law office for help.
3
Think carefully about what your store will be called. The right name will determine its attractiveness to potential buyers. You can also contact naming specialists for this. It is desirable that the name makes it clear that you are trading in electronics or its individual categories.
4
Solve the issue with the premises for the future store: will you rent or build? In any case, the location of the store premises in the village, its size, layout and availability of communications is very important. For start, the rented department in a large shopping center is quite suitable.
5
Buy the necessary trading equipment, suitable specifically for the placement of electronics. It is advisable that all small items be in closed display cases. Proper lighting, window dressing and techno-style halls are very important.
6
Decide on suppliers. Make deals with companies that have a good reputation. You should also be comfortable with prices, quality, assortment and delivery schedules.
7
Pay attention to the arrangement of goods inside the store. Use the knowledge of the psychology of the buyer - merchandising.
8
Pick up staff who will organically fit into the idea of your store and products sold. The seller must not only accept money, but also be an assistant, consultant. This is especially true in the electronics store - your employees must be competent in all technical details.
9
Keep track of all the latest in the world of electronics and order them to your store immediately. Let not everyone can afford to buy them, but many will come to see. Perhaps these people will become your regular customers.
10
Be sure to open the online storefront of your store. Electronics buyers are advanced people, most of them are primarily looking for products on the network, and a large percentage also buy there. Do not miss this opportunity.
