Wednesday, November 2, 2011

How much does it cost to start a bookstore?

Starting a bookstore needs capital. If you are now planning to open a bookstore as your business, you need to make a market survey first before deciding how much you will invest for your bookselling business. From my personal experience, I opened my home based bookstore by investing 65 million rupiahs (Indonesian currency). It was in early 2007. If this amount is converted into the current exchange rate, it is approximately the same as 7,303 US dollars.
The amount of money that you will spend will be much lower if what you plan to start is an online store. You don't need bookshelves, or big show room for your online bookstore. You don't even have to order books from publishers if you open your bookstore as an associate of Amazon.com.
An associate of Amazon.com write reviews about products, not only books, that Amazon.com sell in their website. The reviews are uploaded into your own website or blog. If you use blogger, you can embed the product code of Amazon.com that you want to promote inside your blog post. When somebody buys the books, or electronic products, you will get some money from Amazon.com.
So, how much does it cost to start a bookstore? Suppose that you have a laptop and free internet connection. You don't have to spend even 1 dollar to start an online bookstore. What you need to do is set up a blog in blogger account. Write original/ content rich posts about anything that you know or you are an expert in. After that embed the products or books from Amazon.com inside your posts. You will begin to make money in no time. by Charles Roring
How much capital do you need to start a bookstore business?

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