Start Your Own Bookstore And Tell Why It Will Succeed

UNIT 1 ? ASSIGNMENT 2 ? INDIVIDUAL PROJECTRemarkable utilize Books apply Books will be a utilise text news install that?s main focus will be change used textbooks to local and online college students at and will accept client trade ins for used books. We will offer a variety of an another(prenominal)(prenominal) services such as book term of a contracts, Wi-Fi service and a customer sitting area serving cocoa/cappuccino and pasties at a lower price. We will also have a virtual storefront on the internet at www.Remarkable apply Booksusedbooks.com.

The store location will be physically set in the Georgia Square Mall in Athens, GA. The stage of competition for this business should be perfect because the location is in a small college town with about four other stores fling used textbooks. Our business would differentiate from them by offering the following services. Our store will be genial to customers by being open to the public 24 hours a day, cardinal days a week. We will be the only bookshop in that area to offer a book rental service. We will offer Wi-Fi service free of charge and a sitting area research, reading and surfing the web. We would offer coffee and baked goods at a very low price.

there is a great amount of demand for used textbooks in this location not only from the University of Georgia which contributes to thousands of new college students in Athens each year, but from other local technical schools and community colleges that are also in the area. Remarkable apply Books will offer used textbooks for all colleges and universities in the recount of Georgia and we will be successful because we are convenient and offer students the same textbooks at the ? batten downd lowest price.? Our book trade-in program will attribute to our success as well, because when a customer trades in their old textbook they will begin a store credit towards their next acquire. This will guarantee that we will receive their business for future transactions.

Remarkable Used Books? legal business structure is being established as a Georgia Partnership and be managed by myself and ii other partners. We will abide by all of the laws and regulations that the republic requires. This incluCdes applying for the appropriate licenses, certificates and tax documentation. We will acquire an Employer Identification bout (EIN) through the IRS and a Georgia Sales Tax tot up through the Department of Revenue. We will also file our Articles of system of rules with the Georgia depository of State and publish our intent to stratum a business with the Athens Banner Herald.

Our total estimated inauguration costs will be around $45,000.Each partner is sacking to invest $10,000 (totaling $30,000) and we will obtain a Small logical argument loan through The Small Business governing for the stay $15,000.We will obtain our starting inventory through a discount distributor by the name baker & Taylor. This online book distribution company has a program where you can purchase bulk severalizes (at least ten items) at a 40% discount with free shipping as long as you agree to make them your first call distributor.

REFERENCESHandel, K. (2008). filing_procedures_lp_2001.pdf. Retrieved November 14, 2008, from Office of Secretary of State Corporations Division: http://sos.georgia.gov/corporations/filing_procedures_lp_2001.pdfHow to start a Clicks and Bricks used book store. (2008). Retrieved November 14, 2008, from Book Think: http://www.bookthink.com/0096/96henx2.htmProgram & Promotions. (2008). Retrieved 11 14, 2008, from Baker & Taylor: http://www.btol.comSmall Business Planner. (2008, 11). Retrieved 11 14, 2008, from U.S. Small Business Administration: http://www.sba.gov

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