Book store and book publishersBrick and mortar: As to starting this type of book store, you can start by contacting book publishers. This will take some effort and planning on your part, so give it some though on how much time you’re willing to put into this project. Here are some basic things you need to open up a store and getting discounts of 40 to 50 percent that publishers and distributors offer to legitimate stores. 1.You have to file your business Name for your bookstore, you need an official business name that’s recognized by your state government. You can go under corporation or a fictitious name how ever you chose to do so. If you’re not sure which way you want to go, ask your attorney or accountant. 2.You have to obtain a Tax ID it allows you to collect sales tax on sales you make with in your own state. When you buy from book publisher and book distributor you will be asked to supply them with a copy of this certificate. They use it as proof to the IRS that they are not required to charge you tax on the products they sell you at wholesale. 3.You have to open a business bank account for your book store; you will need your business name papers. 4.You have to open a merchant account. Your merchant account allows you to accept credit cards from your customers at your book store. The merchant account will collect funds from your customers’ credit cards, and deposit those funds in amount you charge your customers credit card, plus about 30 cents per transaction. 5.Contact each book publisher and book distributor that you want to buy from. Request their current catalogs and applications for: A trade status” and B. Credit. The trade status applications ask for things such as: Population of the area you serve, Business hours, Your business license number, If you have an outdoor sign, if it is a church, Number of store employees, A picture of your store, In some cases the size of your store, You will have to show the financial condition of the owner of the store. Now the difference in price between starting a retail business ( brick and mortar ) book store compared to an online bookstore. To start a brick and mortar book store it would cost you money for a license, for a lease, and tens of thousands of dollars in inventory. You would expect to pay at least $20,000 - $150,000 to get your bookstore off the ground. To start a online Christian book store through the internet it would require you to get a web site and a merchant account. The website you can get for a very low cost if you design it yourself and if you need someone to design it for you it would cost upwards of a $1,000. If you’re looking for a Christian website for your bookstore Check this out for a good price. . OurChurch.Com - Free Christian Web Site Hosting OurChurch.Com is a Christian company that can help you create, host, and update a website for your church, ministry, or family. It's easy to use - no software or programming required - and basic service is free. You will discover in these days and times a good percent of Churches and Ministries are adding a online Christian bookstore to their services to help cover some of the cost such as maintenance and so forth. And at the same time their helping people in their spiritual lives by educating them in the knowledge of God, and guiding them to everlasting life.
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