Music has always been a huge passion of mine, whether it is listening, playing or performing, music has been a huge part of my life. Recently I have been really toying with the idea of starting my own musical instrument store, and as part of my journey into learning all about them, I went to a few music shops Glasgow city has to offer to learn more. I chatted to a lot of interesting shop owners and workers, and they all had a wealth of knowledge when it comes to the operation of your own store. When deciding what type of musical instrument shop you want to open or run your own shop, there are a few things that you should look at before buying anything. First, you need to know what type of instruments you plan on selling or buying, and how much stock you plan to have available to sell or buy. The type of instruments you plan on selling determines the type of music shop you should open. In addition, the amount of stock you plan on purchasing will also depend on how you intend to set up the shop, the cost of starting a new shop, and the equipment you are planning to buy.
Music Shops Glasgow Had Some Great Advice
Most of the music shops Glasgow had to offer all said that if you intend to start a music store exclusively dedicated to selling musical instruments, then you should know upfront what type of music you plan on selling and how much stock you will have to sell. In addition, the type of shop you want to open, the amount of music that you plan on selling, and the amount of equipment you intend to buy will all influence the types of musical instruments that you will carry and how many of them you can sell in a given store.
In order to establish a music store, one of the first things you need to do is research the different types of musical instruments you plan on selling, for example, do you want to be purely a guitar shop or do you want to stock lots of instruments. Some types of music are more popular than others, and some people are more interested in buying these types of instruments, while others like to play classical music. To make sure that you are able to sell any music you are planning on selling in the future, you may also want to research the various manufacturers who make these types of instruments. For example, most beginners prefer acoustic guitars, while experts tend to prefer electric guitars. This information can be used to help you choose the right type of musical instrument for your music store. This is especially important if you plan on opening an online store, because there is usually much less competition in an online store compared to a physical one.
Should I Start My Own Store?
Now that I had an idea of what kind of music shop I wanted to open, I needed to determine the place where I wanted to set up shop. There are several options. You can set up your shop in a building owned by a music store or an independent music store. If your business is small, you can opt to rent office space from an existing music store. However, you must be aware that if you are opening an online store, then the space you rent should be air-conditioned, with ample lighting, and a wide window for customers to see what is going on. If you have a large shop, then you can opt for a smaller storefront with fewer features. Some people opt to put their store in the basement of an old office building, but this can be very expensive.
Another factor to consider when setting up a music shop is the amount of money you plan on spending on hiring employees to help you with your instruments. Although you may not have to pay for the employees in cash, it does help if you offer some type of monetary incentives to get your employees to work for you. Since the business is starting off small, you can’t afford to pay them too much for the first year, since you don’t have a lot of extra capital to start with. However, you can give them the choice between getting paid by the hour or by the commission based on sales and make sure that they know how much of your profits go to them. I have had a few business ideas in the past, like selling homemade soap, but this was the first that actually gripped me enough into action.
Conclusion
Once you have everything set up, now you can decide what type of musical instrument shop you plan to open and run. The final step is to find a location where you can store all the instruments that you plan on selling in. Depending on the type of music shop you plan on opening, you may decide to store your instruments in the same building or in a separate building. After you have chosen the location, the next step is to choose your music equipment. If you want the ultimate inspiration, check out the video below from Thomann, who are undoubtedly the biggest music store in the world today.
