How to Open a Newsstand

Step-by-Step Guide

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   Step 1: Decide what types of publications you'd like to sell at your newsstand.

   Most carry at least national and regional newspapers, as well as a variety of mainstream magazines.
   
   Others specialize in tabloids, newspapers from around the world or even art magazines.
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   Step 2: Determine whether there's a market for that type of newsstand in your area and what the competition is like.

   Knowing what types of publications your competition carries will help you create a selection of your own. , Make sure to calculate your projected income and taxes and to set aside accountant's fees and the costs of permits. , Although opening a newsstand isn't as much of an investment as opening a bookstore, you'll still need some capital.
   
   Discuss your business plan with your bank or private investors to secure a loan. ,, Make sure it has plenty of traffic to bring customers to your business. , Make sure they have a buy-back policy that allows you to return unsold publications. , Make sure your employees are polite, efficient and trustworthy. ,,
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   Step 3: Draw up a business plan that includes the cost of constructing

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   Step 4: buying or renting a newsstand

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   Step 5: as well as buying your inventory and necessary equipment.

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   Step 6: Find the capital to open your newsstand.

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   Step 7: Obtain the necessary street vendor's license from the city or town and inquire about any other legal requirements you need to meet.

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   Step 8: Find a location for your newsstand.

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   Step 9: Investigate which distributors carry the publications you want to sell.

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    Step 10: Interview and hire employees.

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    Step 11: Stock your newsstand with publications and other items you want to sell

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    Step 12: like post cards

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    Step 13: pens or maps of the city.

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    Step 14: Open your newsstand.

Detailed Guide

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