Learn online, then attend the workshop retreat. Part 2 - The Workshop Retreat a. Registration for the Owning a Bookstore Program: The Essential Planning Guide or credit for your prior purchase.
Michelle Are you considering opening a book store or perhaps buying one? Overall the experience has been wonderful. We love the shop but I wanted to write this article in the hopes that others can learn from our mistakes. Hopefully, this brief story about what we wish we would have known before buying a bookshop, now looking back, will save you from making the same two incorrect assumptions we made.
We did our due diligence during the purchase of the bookshop by hiring a lawyer to draft a purchase agreement and to make sure all of our bases were covered.
About one or two weeks before we took ownership of the bookshop the owner who ran the daily operations showed us how to use her inventory system Homebase and she trained us on the day-to-day operations.
She gave us the user-ids and passwords for the shop email and all of the online venues they sold through ABE, AZ, Biblio and Ebay at the time. About a week before the shop changed hands, the former owner took all of her inventory offline to make the transition smoother.
The purchase of the bookshop proceeded, we got the keys, put the inventory back online and we were in business. The book was nowhere to be found! We checked Homebase, it was still marked for sale.
We called the former owners and asked — where was the book?? She told us it had been sold on ebay just a couple of days before the shop changed hands! In hindsight I wish I would have asked her to send proof of that to our attorney, but being the generally non-confrontational person I am I quietly accepted her explanation and hung up the phone.
Looking back on it…we should have at least inventoried the most expensive books they listed in their inventory before we allowed the shop to change hands. It still annoys me when I think about it three years later…but I keep telling myself — karma. Lesson Two — Research all of your Options ie the Credit Card Machine The second mistake we made was to assume the owners of this shop were astute business people who MUST have researched the best deal for their credit card processing set-up!
We simply took over their contracts. We signed them without a second thought. Oh — hindsight — what a beautiful thing. It took us a few months to realize our mistake. Our fees and rates were reasonable but taking over the lease on the credit card machine was a big mistake.
We were stuck with it for another 17 months!
A bookstore is located at each LSC campus as well as online for required textbooks, study aids, supplies and accessories. Before you start writing a business plan for your bookstore, take a look at a few sample business plans for used bookstores, online bookstores, or news agents. They'll provide inspiration and ideas, and save you a ton of time. Owning A Bookstore Training Online Training & Workshop Retreat. If you've had a dream of owning a bookstore that just won't let go, you have found the place to gain the information and skills you need to confirm your next career path and learn how to open and operate your bookstore business.
After realizing our mistake we started researching with banks, other credit card companies and small local businesses we dealt with. Those were probably our two biggest mistakes through the whole process of trying to open a used bookstore.
I hope this blog post gives foresight to those thinking about jumping into a business as we have.Used Car Dealership Business Plan – Executive Summary.
Jason Hyacinth® Used Car Dealership, Inc. is a registered used car dealership shop that will be located in one of the busiest streets in Spruce, Chestnut and Walnut Streets – Philadelphia.
28 East Second St. New York, NY bonnieslotnickbooks @r-bridal.com Please check my FaceBook page for announcements of special events happening in the shop. The professional all-in-one “BOC Business Comprehensive Insurance Plan” suits both office and shops and protects your business against “All Risks” at competitive price.
Whatever type of retail store you're starting, a good business plan is essential. Get ideas from this assortment of sample business plans for clothing stores, online stores, e-businesses, gift shops, eBay, art galleries, and other retail businesses.
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