August 14, 2020 is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Resources for Entrepreneurs


Become an Entrepreneur


Opening an Antique Rug Dealership

Launching an antique rug dealership? Failure rates are high. These tips give you a jumpstart on success.

We've assembled a number of pragmatic bits of advice on how to go about opening an antique rug dealership.
(article continues below)

How to Write an Effective Antique Rug Dealership Business Plan

It's virtually impossible for your antique rug dealership to succeed without an effective business plan.

The best business plans are practical documents that reflect actual business realities. Fudging the numbers is the equivalent of sabotaging your antique rug dealership's strategic interests.

The bottom line is that a first-rate business plan is probably more attainable than you realize. If you're still not convinced, consider what the experts say about business plan writing.

Investigate the Competition

Prior to opening an antique rug dealership within your community, it's a good idea to determine what the competition looks like. We've provided the link below to help you generate a list of competitors in your area. After clicking on the link, type in your city, state and zip code to get a list of antique rug dealerships near you.

How tough is the competition in the market you are considering? If the competition is too tough, you may need to think about starting the business in a different area or even start a completely different business instead.

Studying the Market

Once you've finished assessing the competion, it's a wise move to speak with 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?

However, an entrepreneur who owns an antique rug dealership outside of your community can be a great learning resource for you, provided that you won't be directly competing with them. Many business owners are happy to give advice to new entrepreneurs It can take a while to find an entrepreneur who is willing to talk, but it's well worth the effort.

How would you find an antique rug dealership manager who is willing to advise you because you live in different cities?

Here's one way to do it. Just use our link below, find somebody and call them.

Guidelines for an Antique Rug Dealership Acquisition

It's fairly common for antique rug dealership entrepreneurs to gain entry through a business acquisition.

An acquisition isn't necessarily a bed of roses. You'll need to thoroughly evaluate the factors involved with buying a business. First and foremost, it's important to make sure the business is the right fit for your personal and professional goals.

If the business is right for you, the assistance of a business broker will help all of the rest of the pieces of the process fall in place and you will be well on your way to owning a proven antique rug dealership.

Explore Franchising Options

The probabilities on your being a successful business owner go up significantly if you go the franchising route and benefit from the prior work of others and their lessons learned.

Before you get too far along in your plan to open an antique rug dealership, you would be wise to assess whether franchising might make it easy to get started.

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.

More Startup Articles

These additional resources regarding starting a business may be of interest to you.

How to Get a DUNS Number

Starting a Business

Questions to Ask Before Starting a Business

Conversation Board

Did this article answer your questions about how to open an antique rug dealership? If you still have questions, please add a comment below.

Questions, Comments, Tips, and Advice  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

Are You Already an Antique Rug Dealership Owner?

If you already are in business and came here to learn about growing an existing antique rug dealership, these resources will come in handy:

Marketing an Antique Rug Dealership

Selling an Antique Rug Dealership

Are You Selling to Antique Rug Dealerships?

If you sell to antique rug dealerships, we've got better information for you elsewhere on our site. Try these resources instead:

Selling to Antique Rug Dealerships

Mailing Lists for Antique Rug Dealerships

More Entrepreneurship Guides

If you are still exploring all of your options, please browse our directory of guides below.





Additional Resources for Entrepreneurs

Entrepreneur Features

Employee to Entrepreneur

Small Business Ethics

Good Business Books

Studying Entrepreneurship

How Kids Make Money

Social Entrepreneurship

Mergers and Acquisitions

Entrepreneur Blogs