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<p>[QUOTE=&quot;National dealer, post: 6446, member: 487&quot;]Starting a coin shop is like any other business. First you need to check with your state and city for licenses. </p><p>Then rent a location and stock your store. </p><p>The main concern in starting a coin shop is cash on hand. </p><p>Coin businesses are not easy by any stretch of the imagination. </p><p>Most of the small shops I visit keep a running inventory of about $300,000.00 </p><p>Building a network of customers is another task in and of itself.</p><p>Making dealer contacts are pretty easy once you lay the ground work. Get your company listed in the dealers directory, and join a coin network like CoinNet or Eureka. </p><p>This takes time. So don&#039;t expect to open and start a brisk business right away. </p><p><br /></p><p>Unless you are very familiar with coins, and the players involved, I would not recommend starting a shop. </p><p><br /></p><p>It is definately a dog eat dog world out there.[/QUOTE]</p><p><br /></p>

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