Children’s Resale: Part 8: How to Open A Children’s Resale Shop: Are You Covered?

The following is an excerpt from the NextGen Knowledge Base business system, and taken from the Knowledge Base topic on property insurance and liability insurance for children’s resale stores. As I have written previously, the resale business has many parts and pieces that every serious children’s resale business needs to learn, apply and embrace.  A new start up…

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Children’s Resale…..That’s Easy!!

People dream of owning a children’s resale store…full to the brim with colorful, charming, children’s clothing, toys, equipment and baby gear. Such a store predicts success, and promises to be a wonderfully endearing business.

Visualizing a revolving door of customers who have growing families, people plunge into ownership thinking all they have to do to achieve their dream of instant…

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Part 7 How to Open A Children’s Resale Shop–Negotiating the Lease

“Standard” commercial leases are constructed to serve the interests of the lessor.  In the words of one authority in the area, they “are never fair

Negotiation is about bargaining with the landlord or their leasing agent.   Everything is negotiable.

Preparation

Above all, be prepared.  Talk to other tenants on their leases and any related regrets;  school yourself on common negotiation tactics.  An important…

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Location, Location….Or….What’s in Your Zip Code?

I felt a bit like “dear Abby” last week when I had to craft a response to an up and running children’s resale owner, about why after four years of business her sales numbers were going in the wrong direction.  Way down, instead of way up.

Her story was all too familiar.  She was located in a shopping district central…

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Naming your Children’s Resale Shop – Part 2

It wasn’t that long ago when retailers highly depended on the Yellow Pages to attract customers.  Little tricks such as alphabetically optimizing a name like AAAA Children’s Resale would push you to the front of the Second Hand listings.  Now, in the hey days of the web, AAAA gets you nowhere, and while the words Children’s Resale are needed…

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What do you need to Succeed in the Children’s Resale Trade?

Like any business: resources, know-how and the ability to put them to use.

Resources

As noted on the NextGen Site, http://nextgenresale.com/faq/#startup-costs, it takes money to start a Children’s Resale Shop.  It can cost from just over $50,000 to more than three times that depending  primarily on whether an owner is buying on consignment or buying outright to start, and…

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Naming Your Children’s Resale Shop

Oh my gosh, I heard you are having a baby!   What name will you choose?   I know that no matter if your “new baby” is a child or a new children’s resale business, equal thought is given to find that perfect name.   Well I am here to tell you that the odds are the name you come up…

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Patience and Profits: What’s The Cost To Open A Children’s Resale Store?

I had the pleasure of talking with a high energy person the other day who was working very hard to sell me on what a wonderful children’s resale store owner they would be….then I learned that there was no money – now that’s a problem!   Although this person was clearly a good prospect for ownership, the fact that…

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Part 5: How to Open a Children’s Resale Shop – Starting a New Store

Part 5: How to Open a Children’s Resale Shop – Starting a New Store

In Part 5,  ”How to Open a Children’s Resale Shop“, I’ll discuss the benefits of opening a new resale shop as opposed to buying an existing store. A consignment shop owner might benefit from these same tips.

Starting A New Children’s Resale Store Instead Of Buying One

The advantage of starting anew is that you can put your personal stamp…

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Part 4: How to Open a Children’s Resale Shop – Handling the Competition

Part 4: How to Open a Children’s Resale Shop – Handling the Competition

In Part 4 of “How to Open a Children’s Resale Shop“, I’ll discuss how to use the competition to make your resale shop successful. This series of blog posts also applies to how to open a children’s consignment shop.

How do we handle the competition?

Your idea to open a children’s resale business is a great one! Who else…

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Part 3: How to Open a Children’s Resale Shop – How to Choose a Location

Part 3: How to Open a Children’s Resale Shop – How to Choose a Location

In Part 3 of “How to Open a Children’s Resale Shop“, we will discuss how to choose the right location for your children’s resale shop. These tips would work for a children’s consignment shop, too.

Left: At Childish Things in Boulder, Colorado, owner Kerri Radicella has a big enough store space for 3 dressing rooms!

How to Choose a…

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Part 2: How to Open a Children’s Resale Shop – Purchasing a Resale Business

Part 2: How to Open a Children’s Resale Shop – Purchasing a Resale Business

This post is Part 2 in a series on How to Open a Children’s Resale Shop. In the first post, Part 1: How to Open a Children’s Resale Shop, I discussed the pre-planning phase of getting into children’s resale, which includes asking ourselves if children’s resale is the business for us and if we have the financial resources…

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Part 1: How to Open a Children’s Resale Shop – Is Resale For Me?

Part 1: How to Open a Children’s Resale Shop – Is Resale For Me?

This post is Part 1 of a series on How to Open a Children’s Resale Shop. My goal is to prepare those starting their own children’s resale business to make better decisions and achieve greater success. I begin at the very beginning, with self-examination, and proceed all the way to the Grand Opening.

This post will discuss the following…

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