Specialty Rug Sales
Startup Costs: $10,000 - $50,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.
Franchises Available? Yes
Online Operation? Yes
Here are two options for starting a business that retails Oriental, Indian and Persian rugs and carpets. The first option is to locate and secure a foreign supplier for the carpets and negotiate an exclusive sales and distribution contract to represent their products in the U.S. The second option is to purchase secondhand, high-quality carpets and resell them for a profit. The second option is substantially less capital intensive to start and operate. However, the profit potential for the business is also somewhat limited to the availability of a plentiful product source. Regardless of the way the business is approached and established, the fact remains, handmade Eastern rugs and carpets are in very high demand by consumers and professional decorators, and often one single carpet can retail for as much as $10,000.
Specialty Rug Sales Ideas
More from Business Ideas
AI is the servant — not the master — when it comes to future-proofing small and medium-sized businesses against inevitable change.
Entrepreneurship is the driving force behind the global economy's growth. Now more than ever, we need new entrepreneurs to spur innovation.
If You Don't Learn How to Pivot Your Business, You'll Watch It Perish — Here's What a Successful Pivot Looks Like.
Changing your business strategy to meet shifting market demands isn't bad. When done carefully, it can transform your company into something extraordinary.