While you are organizing your business, setting up your legal structure and getting all the necessary requisites, you can begin to prepare the location for your business. Even if you will open your shop in your home or rent a kiosk or space in a mall, here are some factors you need to consider in choosing the best location for your antiques business. If you will rent a booth or space in the mall, remember that most malls charge a percentage for each sale. A half booth is a good way to begin your business or share a space with a friend. Do some investigating and ask the antique dealers if they are satisfied with their sales.
Many dealers sell at more than one mall and enjoy being able to rotate their merchandise frequently.
Your customers include the millions of collectors around the world that have collections in thousands of categories - from the multimillionaires that collect impressionist paintings to the average person, who might collect anything you can imagine. Many average folks will buy antiques or collectibles simply because they liked the item, or have started collecting that particular item. Collectors have been known to fill their residence to overflowing with thousands of related items, sometimes even to the point of financial ruin. Buying and Pricing Your Antiques and Collectibles Begin with a small amount of capital, very little equipment, and reinvest your profits to grow your business. Initially, avoid slow moving and big-ticket items, particularly if you cannot afford to tie up your assets.