How to Open a Furniture Store

If you love furniture and know how to furnish a room to make it both comfortable and pleasant, you might consider opening a furniture store. With consumers always looking for such types of furniture as antique furniture, designer furniture and industrial furniture, there are numerous opportunities to turn your passion into a profession. However, you'll need more than a passion for furniture; you'll also need investment capital, business smarts, and perseverance to turn your furniture store into a profitable business. Read the following tips to find out how to open a furniture store.


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    Decide what kind of furniture store you want to open. Remember that for each type of furniture, including antique, modern, design, retro, industrial and used, you'll need a reliable supply line and customers.
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    Research the competition in your area. Find out what types of furniture they sell and what their prices are to determine whether there's a market for the products you plan to sell.
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    Construct a sound business plan.
    • Calculate the costs of a venue, furnishings, equipment, inventory, and delivery trucks.
    • Budget for an ongoing marketing plan that includes street advertising, print advertising, television and radio ads, and online advertising with social media.
    • Remember to include the cost of accounting, taxes, business loans, licenses, and employees.
    • Make a conservative estimate of your returns.
    • Include the possibility of opening an online furniture store to complement your sales.
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    Raise the necessary starting capital. Explain your business plan to your bank or a private investor and show them how your furniture store is a good investment. Have a lawyer review your investment contract before you sign it to make sure you understand all of the terms.
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    Obtain all necessary permits from the city.
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    Choose the right location for your furniture store. You'll want a venue with a lot of square footage, as well as sufficient traffic to attract customers.
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    Buy all necessary equipment to run your business and furnish your furniture store. You'll want to have a good selection of furniture, and you'll need at least one delivery truck to get your customers' purchases to them.
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    Interview and hire employees.
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    Advertise your furniture store.
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    Open your furniture store.


  • Build sound business relationships with your suppliers, as you'll depend on their products. Have a return policy in place in case any pieces of furniture are damaged and need to be returned.
  • If you're selling one-of-a-kind designer furniture, make sure to have a wide variety of unique pieces.
  • Use social media to your advantage. Even before opening your furniture store, you can have a website and a blog that keeps the public up to date of new developments.

Things You'll Need

  • Business plan
  • Capital
  • Permits
  • Venue
  • Equipment
  • Delivery truck
  • Inventory

Article Info

Categories: Buying & Forming a Business | Furniture and Cabinets