Tuesday, October 11, 2011

Weighing Options To Be An Antique Furniture Richmond Dealer ...

West End Antiques Mall is one of Richmond?s ?Best Antiques Malls?. You can deal inside the mall since it also offers products such as furniture, personal items, porcelain, and other relative products that have higher value. Through these steps, you can definitely go for being a dealer in antique furniture Richmond by having several options. There is a need for you to develop personal connection with the antiques that you are offering and dealing. It is an added factor if you have been an antique fan since your early age. But if you have just started developing passion for antiques, going to museums and other antique centers would help. You have to learn consistently about antiques. There are tons of books, on-line articles and reading materials on antiques and collectibles, which include very specific information, appraisal guides, history, pricing structure, historical artifacts, Victorian furniture, Oriental pottery and other related topics. Understand also that antiques and collectibles are not the same: antique items are generally accepted to be 100 years old or older, while collectibles are things that people collect such as coins, stamps, movie memorabilia, Coca-Cola accessories, comic books and so on. Second, since this is a specialized form of business, make sure that you have a good source of antiques at the lowest possible cost. This business is financially demanding so you also need to find suppliers that can offer reliable prices and value for money. Check out flea markets, garage sales, estates sales, auction houses and online dealers. Other suppliers may also offer deals that give you several days to pay up so you can temporarily use it for other means. Antique dealers would need sales agent that can help them arrange more sales and deals and you can just earn through a percentage of the sales made. Another great option is to ask private individuals who want to sell some of their antiques or collections. Be sure to pass all the needed legal requirements prior to your business operations. These include licensing, zoning, necessary taxes, bank accounts, and insurance coverage. To be able to acquire enough advices and tips in applying strategies in business, you can ask from business advisers and experts. The location of a business company or shop also requires more time to completely prepare and choose. A historic place where tourism industry is capable of growing can be a better option to open your antique shop. The city of Richmond is a perfect location to run an antique business since the city is known for its architecture (Romanesque, Gothic, Art Deco, to name a few of its styles), museums (Edgar Allan Poe Museum, Virginia Museum of Fine Arts, Virginia Historical Society), and monuments (A.P. Hill Monument, Christopher Columbus Monument, Virginia War Memorial). Renting a booth inside the mall can be your primary step in starting your business. It may be lesser expensive but the saddest part about it is the fees that are required on your daily sales. It is important to do a pre-study on your target market as to which location site would they prefer buying antique items. Learn to weigh on the prices and rates that you need to adapt so you can result to a better profit. It is also necessary to keep record on profits, inventories, and capital investments, and this can help you get in track with the next needed step for your business. With these records, you can finally set each and every item that you carry in your business and you can evaluate cost effective strategies. For those who would want to be surer of earning and learning the business, you may start as a dealer in the antique business like the West End Antiques Mall. You will be paid twice a month with a 10% commission on all antique furniture Richmond items sold. You can prefer to be a freelance dealer since West Ends does not require long term contracts from its employees.

Source: http://homeimprovement.therefinedgeek.com.au/index.php/2011/10/weighing-options-to-be-an-antique-furniture-richmond-dealer/

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