How Do You Operate A Used Bookstore?
With the general population moving towards a more frugal way of life, more people are purchasing some of their items used. One of the things that people don’t mind buying used is books. If you’ve got an enterprising spirit, you can operate your own used bookstore. Find a location. Visit with a local real estate agent and discuss what sort of location you have in mind, and what your budget is. A real estate agent can help you find something that will suit all of your needs. Visit with the local chamber of commerce to determine what sorts of business and tax licenses or permits you need in order to have a used bookstore in your area. Apply for the necessary business permits and tax licenses. An employer’s tax license can easily be applied for online (www.irs.gov). Get inventory. A local used bookstore owner in Portland, Texas, goes to yard sales every Saturday to purchase books. She purchases books ranging from five cents to a couple of dollars, and sells them in her store for more than
