A good night’s rest always depends on the mattress that you are using. The more comfortable the mattress, the longer and more relaxed you get. This is why it’s always important to buy a good quality mattress especially if you are suffering from back pain. Most customers look for mattresses that are firm and give great support for their back. There are plenty of mattress stores open for business today but only a few have a good selection of quality ones. Store owners who are looking to sell mattresses in their store need to know how to identify good mattresses from shabby ones. Just like any other business, starting a mattress store has requirements that you must meet. If you are new to starting a business and don’t know where to start, check this guide for tips.
Determine whether to choose a niche for your mattress business or start a general mattress store. Niches include toddler and baby mattresses, XL mattresses for college dorms, memory foam for back pain, or discount mattresses.
Determine what kind of mattress store you want to be.
There are mattress stores that have niches like baby mattresses, memory foam mattresses and discount mattresses. They don’t carry any other types of mattresses that are not included in their niche. This is a good way of distinguishing your store from other stores but also limits your customers. Some business owners go for a general mattress store to maximize their profits.
Process all the paperworks.
Like any other business, you need to take care of the documentations that you need to have before opening a retail business. There are different kinds of requirements needed in different countries and states but a business permit and tax permit is one of the most important ones. Research on what documents you need to have and how you can apply for them before doing anything else.
Choose a business model.
There are mattress stores that only offer over the internet sales or an appointment only operation. This kind of business model only requires a warehouse instead of a retail store. The normal and more expensive way of opening a mattress store is by renting out an office space where you can put up a store and people can walk in to choose the product that they want.
Rent a warehouse space for your inventory.
If you want an appointment-only-business, you need to have a place to store your products. Since mattresses are quite bulky, a warehouse is recommended. However, if you want to open a retail store, choose a place near businesses that are linked to yours. Some examples are furniture shops, home decor shops or shopping malls.
Buy wholesale mattresses from a trusted supplier.
You can search for suppliers via phone, business directory or through the internet. You can also contact the brands of mattresses that you are interested to sell and ask them how you can be an authorized distributor of their brand. They will require you to submit business documentations so you may as well prepare them ahead of time.