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Consignment Furniture Business

Going into Consignment Furniture Business

The furniture consignment industry is fast growing that even consignment shops that do not usually sell furniture are adding them on display in their showroom. It’s one of the fastest growing parts of the consignment industry so if you have a passion for interior design and a good eye when it comes to antiques, then a consignment furniture business is the business for you.

Even though you have a big interest in interior design and antiques, it is best to research about the industry and know the ins and outs of it. Read publications and join seminars to get the knowledge you need before you start the business. Study the market in your area.

The first thing you have to do is find the perfect lot or place to put up the store. Make sure that the area is big so that you will have a lot of room for the furniture to be displayed. Also consider the location of the store. Make sure it is a place that is easily accessible and visible to a lot of people. When you find the perfect lot, do not forget to get the necessary items that you will use in the shop. Get some tags and a cash register. Purchase a pick up truck that will serve as your transport vehicle when you get the items from the consigners home. Decorate your shop with something that would make it look attractive. Do not forget to secure a business permit.

When the shop is already all set up, it’s time to search for the furniture and antiques that you will sell in your store. Search around for the best deals of used furniture and antiques. You must also have the knowledge on how to clean them without causing damage since damage can lower an items value.

The good thing about a furniture consignment business is that you do not have to pay anything for the item that you sell so you do not really need that big of a capital and don’t lose anything once the item is not sold. This makes this business good for new entrepreneurs.

Possible people who will be customers of your shop are those that go to antique and furniture stores. Find a way to attract these people to buy from your store. Advertise through publications or radio. You can even get a billboard if you have the budget.

Consignment Furniture Video

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