How to open your own shop

Not every person can work under someone else’s leadership, and in small cities the work process is also overshadowed by low salaries. The way out of the unenviable financial situation is to open your own small business. In the absence of serious capital, you can think about establishing a trading shop in one of the local markets.

Instruction manual

1

Register your company as a legal entity, individual entrepreneur or LLC. You should get statistical codes and wait for your business to be entered in the Unified Register of Legal Entities. Then, it is necessary to open a personal account at the bank, register the company with the tax service and purchase a cash register, which also needs to be registered.

2

Find the right place to open the shop. To do this, you will have to go around all the markets in your city to determine the prices and find out where your product will be in greatest demand. Conclude a lease. If funds allow you and this opportunity arises, try to buy out a trading place. Thus, you will not depend on the wishes of the landlord and the sudden increase in prices. Such an acquisition is advisable even if you are not completely sure of the success of your new business. In case of failure of this enterprise, you will be able to independently engage in leasing or open in the same place something else.

3

Get equipment for your shop. A grocery store most often needs refrigerators and freezers. Be sure to purchase special display cases that will help preserve the presentation of products and protect them from theft by dishonest customers.

4

Carefully select the assortment to start sales. In the early days, it is worth spreading only the best and cheapest product. This will help you attract a large flow of buyers. Later, you can gradually dilute the familiar set with new sales items.

5

Depending on the type and industry of your activity, you must obtain the appropriate licenses, certificates and permits from authorized bodies. To sell food products, you need to inspect the premises by the department of Rospotrebnadzor and contact the Ministry of Emergencies for a conclusion on the suitability of your premises for customer service. For the sale of industrial goods, the conclusion of Rospotrebnadzor is not required.

6

Worry about a reliable way to protect your shop. You can hire a security guard or use the services of specialized companies that will equip the premises with an alarm system and will monitor the order. This is especially important if you store the goods in a trading place. However, this issue needs to be discussed with the administration, since most markets are equipped with a good protection system.