Things you will need
- Working capital
-Enough space with a large size room and the store
- A license and other legal documents
The steps include:-
Find a strategic area where your hardware business can fit. This area should have enough security, large population size, market and demand as well as easy transport and communication.
Rent a large size room with a store behind and paint it with a color of your choice so as to win the attention of the customers.
Fit the shelves into the room and the counter table for display purposes. In this case, all the light materials such as brushes, switches, padlocks and among others will be displayed.
Purchase a variety of items/ building materials from your nearest hardware dealers and you should make sure that you buy good quality items which can attract the customers.
Obtain a license and other legal documents in order to register and legalise your business. This will help your business to operate as well as to avoid future inconveniences like closure of the business.
Advertise your business in your local newspapers, radio and television shows in order to attract more customers hence increasing your sales.
Tips and warning
- Prohibit much borrowing to avoid losses and future risks
- Avoid cheating your customers and being rude to them
- Don't sell duplicated and sustandard items or materials