Business Ideas for Entrepreneurs
Opening a Used Television & Radio Dealership
We've collected some good advice that is written for entrepreneurial folks who want to open a used television and radio dealership. Read this before you open up shop.
Wondering how to start a used television and radio dealership? We take you step-by-step from start to success.
Tips for Writing a Used Television & Radio Dealership Business Plan
Many new used television and radio dealership owners feel unprepared for the challenge of writing a business plan.
Fortunately, you don't have to tackle your used television and radio dealership's business plan by yourself. These days, there are tons of great resources and solutions available to support the business plan writing process.
For more information, take a look at our Business Plan Help section.
Consider the Competition
Well in advance of opening a used television and radio dealership within your community, it's essential to determine how you will fit in the competitive landscape. Use the link below to get a list of local competitors near you. After following the link, enter your city, state and zip code to get a list of used television and radio dealerships in your area.
Before you open up shop, make sure you know what you will offer to your customers that provides a significant advantage over your competition's offering.
Learning More About the Industry
Once you've finished assessing the competion, it's a wise move to talk to somebody who is already in the business. Local competitors are not going to give you the time of day, mind you. What's in it for them?
But, a person who owns a used television and radio dealership in a location that is not competitive to you can be a great learning resource for you, as long as they don't view you as a competitive threat. In fact, they are often very willing to share startup advice with you. It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.
Where would you find a used television and radio dealership manager on the other side of the country to talk to?
We can help. Follow the link below, try a few city/state combos or zipcodes, and then start calling!
Benefits & Drawbacks of a Used Television & Radio Dealership Acquisition
Although there are significant benefits to buying a used television and radio dealership (rather than launching a startup), it's important to weigh the pros and cons before you commit to a purchase scenario.
BENEFITS: Acquired used television and radio dealerships should be profitable right out of the gate; they should also be capable of demonstrating a loyal customer base, brand identity and operational efficiencies.
DRAWBACKS: On the downside, used television and radio dealership acquisitions can be difficult to adapt to your unique business philosophy so it's important to make sure the business is capable of achieving your ownership goals before you initiate the buying process.
Franchising May Be a Better Way to Go
You should know that your odds of achieving your top business goals are much greater when you franchise and leverage their successful brand and track record.
Before opening a used television and radio dealership, you ought to investigate whether there are good franchise opportunities available that might make sense for you.
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.
Other Useful Articles for Startup Entrepreneurs
These additional resources regarding starting a business may be of interest to you.
Coming Up With Good Business Ideas
Share this article
Additional Resources for Entrepreneurs