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<p>[QUOTE="coloradotokens, post: 807098, member: 17153"]Keep in mind overhead and the fact if you want to pay your self, plus expenses and buying coins for resale. Have you considered maybe a mail bid or internet business, and maybe work from home? No Rent or utilities.</p><p> </p><p>You could start a coin business now as a sole prop for under 100 bucks in most states, skip the retail part for now and work with other dealers before you decide to dive right in with a physical shop. </p><p> </p><p>The question I keep asking myself "is it easiers to attract customers to a shop or a website" The internet never sleeps but physical shops have typical business hours.</p><p> </p><p>When it comes directly to your question of what you should have in stock, I think you should specialize in something and dabble with everything else. Perhaps your favorite collecting topic could be your specialty.</p><p> </p><p>Not too sure what to think about the coin store/ barber shop, but I do like the idea of a coin bar. Does anyone know of a coin bar?</p><p> </p><p>I have always like the idea of a coin store/ pawn shop.</p><p> </p><p>My two cents,</p><p> </p><p>Nice tread</p><p> </p><p>"The easiest way to make a million dollars in the coin business... start with two million"[/QUOTE]</p><p><br /></p>
[QUOTE="coloradotokens, post: 807098, member: 17153"]Keep in mind overhead and the fact if you want to pay your self, plus expenses and buying coins for resale. Have you considered maybe a mail bid or internet business, and maybe work from home? No Rent or utilities. You could start a coin business now as a sole prop for under 100 bucks in most states, skip the retail part for now and work with other dealers before you decide to dive right in with a physical shop. The question I keep asking myself "is it easiers to attract customers to a shop or a website" The internet never sleeps but physical shops have typical business hours. When it comes directly to your question of what you should have in stock, I think you should specialize in something and dabble with everything else. Perhaps your favorite collecting topic could be your specialty. Not too sure what to think about the coin store/ barber shop, but I do like the idea of a coin bar. Does anyone know of a coin bar? I have always like the idea of a coin store/ pawn shop. My two cents, Nice tread "The easiest way to make a million dollars in the coin business... start with two million"[/QUOTE]
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