We offer a few pragmatic tips on how to start an African art gallery and dealer.
(article continues below)
How to Create a Winning African Art Gallery & Dealer Business Plan
If you've done your homework, you already know that writing a business plan is the most critical thing you can do for your company.
Although it might seem like an unnecessary formality, your African art gallery and dealer's business plan is a document that will shape your goals and strategies on a go-forward basis.
Furthermore, a good business plan will help you avoid key startup mistakes. Lacking a solid business plan, many startups find themselves rudderless and incapable of executing consistent decision making processes, while committed business planners rely on their plans to guide all of their decision making and short-term planning efforts.
Check Out Competitors
Long before you open an African art gallery and dealer within your community, it's essential to find out what the competition looks like. Try our link below to find competitors nearby. Complete the form by entering your city, state and zip code to get a list of African art gallery and dealer that are close by.
Is the established competition doing a good job? It's important to understand their strengths and weaknesses and think through how you'll stake up against those established businesses.
Learn from Others Who Are Already In This Space
If you are interested in starting an African art gallery and dealer, you really ought to have a conversation with someone who is in the business. If you think owners of nearby African art gallery and dealer will give you advice, think again. It'd be crazy for them to teach you the business.
However, a fellow entrepreneur who has started an African art gallery and dealer outside of your community may be more than happy to give you a few tips, given that you don't compete with them in their area. Indeed, many experienced entrepreneurs enjoy offering advice to startup entrepreneurs. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with you.
How do you locate an African art gallery and dealer entrepreneur that lives outside of your area?
Here's how we would do it. Try the useful link below and key in a random city/state or zipcode.
Acquisitions vs. Startups
Unfortunately, many inexperienced African art gallery and dealer entrepreneurs approach ownership with the mistaken idea that a startup is their only option when they could also pursue a business acquisition.
Unless you have compelling reasons to launch a new business, buying an existing African art gallery and dealer may be the better choice.
The good news is that an African art gallery and dealer acquisition is a recognized name and usually comes with a loyal customer base. If you're diligent about finding the right acquisition prospect, you may be able to leverage a business buying strategy to rapidly propel yourself into a position of industry leadership.
Franchising May Be a Better Way to Go
Your chances for making a success of your new business go up significantly if you opt for franchising instead of doing it all on your own.
Prior to starting an African art gallery and dealer, you would be wise to check out whether franchise opportunities in your space might be worth investigating.
The link below gives you access to our franchise directory so you can see if there's a franchise opportunity for you. You might even find something that points you in a completely different direction.
These additional resources regarding getting started as an entrepreneur may be of interest to you.
If you currently own an African art gallery and dealer, try these useful resources:
If you came here to learn about selling to African art gallery and dealer, you're in the wrong place. These resources are more appropriate for you:
If you are interested in starting a different kind of business, please browse our directory of guides below.