Among the other steps and requirements to open a musical shop it should be noted that you will have to: have musical and collector skills;buy the furniture and the initial merchandise for the shop;to hire, if necessary, employees to whom they can open their social security and insurance position with the bodies responsible for this purpose;have the e-commerce version of the musical shop built by a web agency to increase sales and contacts through the Internet;use both traditional marketing, for example flyers, and the most modern strategies, for example word of mouth on social networks, videos on Yutube social media and Google Ads ads;participate in trade fairs and organize special moments in the shop, for example aperitifs, during which to present the collectible items to the guests who have come;contact a firm of Chartered Accountants to be guided and sometimes replaced in the bureaucratic process and draw up a detailed business plan with the description of your business idea and the forecast of the economic-financial data, as well as for the management of the accounting of the hi shop – the same;insert at least one vending machine for food or drinks, for example snacks or coffee, to attract more potential customers and retain existing buyers, even if in this case the authorization of the local health authority and the inspection of the musical shop Addicted to Audio.

Prices to set up music store

As with most retail stores, the following costs must also be taken into consideration to open a musical shop and to manage it over time , for example:

• The rent or the loan fee for the point of sale and for a warehouse where the stock items are placed, unless these premises are already owned by you;
• Utilities such as electricity, telephone, Internet and gas;
• The setting up of the premises, ie furniture, computers, cash registers, etc.
• The taxes , that is the taxes, contributions and duties to which a retail outlet is normally subjected;
• The necessary renovations to bring the shop up to standard;
• The purchase of the initial goods;
• The salaries of the clerks;
• Consultancy professionals to whom it might be appropriate to contact, for example a firm of chartered accountants and a web agency;
• The cost of purchasing a coffee vending machine around 2 to 3 lakhs.
• The different marketing strategies , for example advertising on the radio and on the web. Finally, the accent is placed on the initial investment to open a small musical shop whose value could be around 10 to 13 laks, a little more or a little less.