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Step1 Create a business plan to outline goals and as much information about the bookstore as possible.
Step2 Decide whether you will work from a “brick and mortar” storefront or the Web. Set up and market your business accordingly.
Step3 Decide the type of bookstore you want. For example, will it be an Internet business? This will allow you to peddle your books via an official website, eBay or Half.com. You may even opt to run an Internet business until you can build the capital necessary to open an actual location.
Step4 Explore the option to start a pre-made bookstore. A third party will supply all of the inventory. All you have to do is maintain your site. This kind of bookstore can run anywhere from $300.00 and up for the initial upfront costs, depending on what features you want your store to have. Just type "start a bookstore" into your search engine for a list of sites.
Step5 Draft a mission statement. The mission statement should be between three to five sentences in length, and convey a clear summary of the type of service your customers can expect from the business.
Step6 Invest in a good accounting software program to track sales, taxes, and other pertinent information specific to the business.
Step7 Research wholesale stores that sell the particular items, goods and merchandise that will make up your inventory.
Step8 Complete the necessary paperwork. Allow yourself time to complete the paperwork, as it takes up to a month to apply and be approved for wholesale pricing. For places like Zondervan, Concordia Publishing, and other major publishing companies, it can take an additional two to four weeks before you receive your first shipment.
Step9 Consider buying clearance items from a place like qualitybooks.com, or any other on-line distributor that offers discount pricing for bulk orders.
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