How to open a store in Russia

If you dream about your own business and want to open your own store, you need to know some nuances in order to carry out your venture in accordance with the law. In addition, the possession of the most complete information about this type of business is the key to success in the future.

Instruction manual

1

Make a business plan. Consider in it the costs of renting a room, purchasing goods, purchasing commercial equipment, salaries to sellers and an accountant. Calculate the minimum amount of daily revenue at which the store will not work at a loss.

2

Find future suppliers. In addition to the competitive purchase price, pay attention to the quality of the goods and check all licenses. Discuss options for possible cooperation and clarify all the nuances.

3

Pick a room. The location of the store should be well-traveled by the people of your target population. Make sure there are no competitors nearby. Of course, you can figure out how to attract customers, but some of them will still go to another store.

4

Create a name for your store. It should match what you sell. In addition, choose a name with a positive meaning, original and easy to remember.

5

Register the store as a limited liability company or sole proprietorship. Gather all the necessary documents. To register an LLC, it is necessary to draw up a memorandum of association and register a share in the authorized capital of each member of the company. Write a statement, pay the state fee for registering a legal entity with Sberbank and submit all documents to the tax office.

6

Purchase trading equipment and a cash register that must be registered with the tax office.

7

Pick up sales staff and schedule. Remember that employees must be registered in accordance with the law. If you work as an individual entrepreneur, it is enough for you to conclude a contract with workers. Find a reliable, competent accountant if you cannot keep your own accounts.

8

Take care of advertising. You need potential buyers to know that your store has opened. Information can be provided by hiring promoters who will distribute leaflets, or by providing outdoor advertising. In addition, you can run ads on television and radio.