Running a second hand bookshop
Why The Used Book Store Business Is A Hard LifeKeep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Sign in. Become an FT subscriber to read: How unwanted second-hand books became big business Make informed decisions with the FT Keep abreast of significant corporate, financial and political developments around the world. Choose your subscription.
The Difficulties Of The Used Book Store Business
Check out our start-up guide to learn how to turn your book business dream into a best-seller. Despite the rise of the internet and distractions ranging from smartphones, Kindles and iPads, there is still nothing that has come close to replacing the humble book in the hearts of British consumers. Of course, a large chunk of book sales are accounted for by large chains such as Waterstones or Books Etc. So, if you are going to open up a bookstore, it is important that you find a niche and exploit it fully. Although it's unlikely that you will make millions through a new store, if you set up your business in the right area, offering the right sorts of books in an efficient manner, you could conjure up a decent profit before you can say Harry Potter. Like many businesses, having a knowledge or passion about the industry you are getting involved in is a bonus. Aidan Jenkins runs the Richmond Bookshop, after quitting his sales and marketing job.
Show less Despite the rise of e-readers and giant online book sellers, used bookstores remain popular. They are a place where people can gather, spend as much time as they like browsing and discuss novels old and new. As an owner you will have to make many decisions regarding risk, the type of store you want to operate, your inventory and how you will attract customers. To start a used bookstore, decide if you want to sell exclusively online or if you want to open a traditional brick-and-mortar store. For a traditional store, you'll need to find a location, register the business, get a tax ID number, and obtain a license to operate legally. If you don't have a lot of startup capital, an online store might be the best choice.
So you want to start a used bookstore? Some people see bookstores as a dying business. But if you have the right market and the drive, you can make it work.
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Many people who love books, daydream about setting up a second hand book shop. Not the paperback emporiums or remainder stores that dot many towns throughout the country, but a real general used book store where when you walk in there is an aroma of old books and the possibility that a customer will find a long sought after treasure., Log in or Sign up.
Forums Recent Rules My Activity. Hey there! Welcome to the Digital Spy forums. Sign In Register. Ive always thought of opening a secondhand bookshop but with cheap books on Amazon, Ebay or from 'The Works' would it be viable? Does anyone have experience in the book trade? RuthlessMule Posts: Forum Member.