Checklist For Starting An Art Supply Store

1. Research the Market – Analyze your competition, determine who your target customer is and decide which type of art supplies you will offer.

2. Secure Funding – Identify a reliable source of capital to fund startup cost including rent, inventory and staff.

3. Find a Location – Consider factors such as population density, customer foot traffic and visibility when selecting the best spot for your store.

4. Create a Business Plan – Include details about your target market, strategies for marketing and customer service policies in your business plan.

5. Obtain Permits & Licenses – Get the necessary permits and licenses to operate your retail business according to local regulations.

6. Purchase Inventory – Source art supplies from reliable companies at wholesale prices and stock shelves with a variety of items.

7. Hire Staff – Develop job descriptions, search for qualified staff members and conduct interviews to select the best applicants.

8. Market Your Store – Promote your store through digital and local advertising such as social media, flyers, radio and newspaper ads.