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Toy Store Business Plan Sample - Starting a Toy Store Business and making money from the Profitable Venture

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Nothing excited my mind so much during my childhood like toys. As little kids then, I will always pile up the pressure on my mummy and daddy and even my grand mother whom I also lived with to buy me fancy playing items like toy cars, shoes, trumpets, balloons and many other related stuffs. During play time, each kid in my neighbourhood will come out with his or her own toy items and we will play till we are okay.

Even when I did not have my own toys, I will use soap packets and soft drinks covers to make my toy cars and play with my sisters and other kids, and it was very fun. But that was then, not now again. The joy of childhood days is always evergreen and it becomes more memorable as a result of the ecstasy derived from playing with toys during such days. From simple psychological reasoning, a toy is a joy added to the hearts of children. The more you buy playing items for them, the more the get happy, the more the grow healthy, the more they know and cherish you. Little kids are very easy to please.

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[Post Image Courtesy of Sattva at FreeDigitalPhotos.net]

In many advanced countries like the United States of America, a children toy business a big time profitable investment because it extremely sells very fast. But in developing areas like Nigeria, the lucrative business is still yet to be explored by many investors although the few investors in the cities and towns are enjoying the whole profits alone. I have seen a very rich business man in Anambra state who imports and sells just children toys and playing items and obviously, he makes a lot of money from the business. As soon as his stocks arrives from the overseas, people will flood into his compound and store to buy them off for their kids within the twinkle of an eye.

This business sell off easily if only you import the latest toy items at very cheap prices and market them for quadruple profits. To make things cheaper for you, you can even set up a toy manufacturing outfit in your are or even take your product specifications to overseas manufactures and they will make them for you at cost effective rates. Mainly during the festive periods and seasons, parents and elders like buying these items in assorted types and quantities for their children, wards and young ones.

Popular foreign children toy brands like the barney, barbie, santa clause and many more of them exist out there and are really making a lot of profits from the mega business deals they get for their products. Even if you do not have the financial capacity to go into this business as a manufacturer, you can conveniently start it up with a very little capital as a wholesaler, retailer or importer and still make your money from the business. Make sure you buy products of durable quality, popular brands, latest designs and beautiful colours.

Locate your toy store or mini stand inside a children product market, in a busy neighbourhood or any other strategic place that you can ever find. But whichever place in which you choose to operate, make sure that the public, pedestrians and passers-by will be able to see your displayed toys clearly so that they can easily fin the appealing and buy them at good market prices from you. It may also interest you to know that these toys are not just meant for kids alone. Many grown-ups, spinsters, bachelors, parents and celibates are also very passionate about the items and will not care if they will clear the remaining balance of cash in their bank accounts just to have them.

If you have money, you can import these products directly from the overseas producers. If a toy maker operates near you, that will be so much better as it will save you a lot of costs. Also, you can buy in bulk from the importers and resale the items in retail quantities to your customers at good profit margins. As you run this business, save your money and avoid making excessive personal cash and stock drawings from your savings and inventory. Once you have a good sum of money at hand, widen your scale of operation. You can register and establish a toy manufacturing outfit and enjoy bigger profits from the business as a bigger investor. An experienced business man in this field will give you more helpful tips on how to set up an run a venture like this profitably.

You can make more money by adding other children stuffs like kiddies clothes to your stock. They sell off very fast and bring in cash quickly too.

Send in your comments on this post using the comment box below for more helpful tips, guidance and attention. Keep on reading this blog everyday as frequently as you can and get more amazing business start-up guides, ideas and tips. Once again, I say welcome to you!

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About Author Mohamed Abu 'l-Gharaniq

when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.

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