Starting a Hockey Store
Love hockey? Here are guidelines to follow when starting a hockey store. Learn some tips and ways to succeed in this kind of business, knowing that hockey is among the most loved sports by many people.
Many love the sports hockey. Be it ice hockey, field hockey, sledge hockey, roller hockey, street hockey, and all forms of hockey.
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Starting a hockey store is just like starting a sports store; only you are specializing in a particular sport which is hockey. Know precisely what you want.
- Create a business plan for your business. In every business venture, the first step is always planning your business. Read books and magazines.
- Know the business, know your market, and learn how you will be able to market your store. Another factor to consider when starting a business is the name of your store. Think of something that can be regarded as easy to remember for easy mind recall.
- How will you be able to finance your business? It is best if you have enough start-up capital to start your business. If not, consider asking for help from friends and family for additional funds. You can offer co-ownership with them. You can also consider applying for a loan from banks or financial institutions but choose which offers the lowest interest rate. Some banks offer no collateral loans to small and medium enterprises.
- Join clubs and organizations regarding your line of business. This way, you will be abreast with what’s new in the business. The more versatile in the industry can give you advice and share their success stories, from which you can learn.
- Apply for all necessary permits and licenses before starting your hockey store.
- Jot down every sale made for easy inventory of your products. Do an annual accounting and auditing of your finances and profits.
- Look for the best hockey gear and apparel manufacturers, hockey sticks and skates, protective gear, accessories, jerseys and socks, and all hockey stuff. Offer free shipment of products, say, for every $150 one-time sale.
- Offer products from the cheapest to the most upscale product line in your hockey store.
- After every sale is made, let your customer sign up for a nonformal hockey session with them. You can also offer hockey lessons to your customers. You can also create a hockey club. This is one way to sustain your customers.
- Finally, create a website for your business. This is one of the most effective ways to market your business. With just a mouse click, anybody worldwide can access your website. Best of all, you can do business 24/7.
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