How to Start Antique Furniture Restoration Business In India| SkillsAndTech
If you love antiques or enjoy finding an old piece of antique furniture and restore them then the Antique Furniture Restoration Business is the perfect business ideas for you, here in this article you will get detailed about how to start Antique furniture restoration business.
Antique furniture restoration business required knowledge of carpentry to strip, sand, paint or stain furniture to return it to a saleable condition; it is beneficial to have contact with the local auction community where you can sell antique furniture after restoration with the great work.
Here in this article, you will get the antique furniture restoration business plan which will help you to start and run a business successfully.
Table of Contents
Refurbished Furniture Business Opportunities
This is a new era of reducing waste and recycling the stuff to save our environment apart from this most of people have a feeling attached to their old, therefore, they want someone to maintain or restore their antiques and they are searching for the antique restoration services.
If you are the person who loves to collect or restore the antiques then you can provide the antique restoration service to the people who want to restore their antiques. It will be perfect and creative business ideas from which you can earn a good profit.
There are many people who love to buy the antiques so it is easy to sell the antique furniture only if your marketing approach is attractive therefore you have to work on the marketing and promotional strategies for antique furniture restoration business.
If you have a fair amount of space in your home then you can also start the Antique furniture restoration business from home it will save your investment of rent space. Here you will get some tips on how to take your hobby of Antique furniture restoration to a business idea.
Refurbished Furniture Business Plan
1) Finding The Right Market
Antique restoration is a competitive market, you have to choose the market where you don’t that much competition, open your Antique furniture restoration business where you don’t have to face the competition.
While selecting the right market you have to do research on your competitor, it will give you the ideation about how to establish your Antique furniture restoration business.
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The important task while starting any business is set up a business plan, without a business plan you cannot run a business successfully; here we have mentioned some important points that you have to consider while setting up a business plan for Antique furniture restoration business.
Here We Have Listed Some Market Where You Can Sell Your Antique Furniture
- Yard Sales
- Auctions
- Estate Sales
- Thrift Stores
- Flea Markets
2) Build A Network
Get in touch with the local auctioneer and let them know about your Antique furniture restoration business, they will help you to find out a more antique piece of furniture to restore, and also help to get the potential buyers.
3) Finish A Few Antique Pieces Of Furniture Before Establishing A Shop
Before establishing an antique furniture restoration store you have to finish some antique furniture to display in the shop.
Display your favourite antique furniture piece into the store and take photographs to promote your business on the digital platform.
4) Purchase Antique Furniture
Find out best antique dealers who will give you a discount on the antique, if you have a good taste about the antique then it will help you to buy the antique.
If you are not confident about your instinct, you can take a guide that will help you to take good antique furniture.
5) Research On Antique Furniture
Once you get the good antique stuff make a researcher on it whether it is available online or locally and find out the resources from where you can get a similar antique.
Find out the antique that people more likely to purchase.
6) Hire The Experts For Antique Furniture Restoration
It is great if you already have Antique Furniture Restoration Techniques that need to restore the antique furniture, if you don’t have skills and skills and experience about the Antique furniture restoration business then you can take help of guild who will teach you about the skills and Antique furniture restoration Techniques.
If you are facing problem to restore the antique furniture then hire the experts to do it for you don’t withhold to pay experts. The higher quality their work is the better your antique product will be and it will impact your Antique furniture restoration business once you begin selling.
Choose Location For Antique Furniture Restoration Business
Selecting an Area location for the Antique furniture restoration business is an important task which is indirectly affected by the success of the business while selecting an area location you have to consider some factors.
You can easily start Antique Furniture Restoration Business in minimum 800 sqft area.
Select the area location where you can establish a store and the targeted market must be near to the Antique furniture restoration store; also make sure that the storefront having open area space for ventilation for work.
Also ensure that the store having plenty of areas to store the antique furniture, select the area where antiques are easily noted by potential buyers.
If you don’t have an investment to rent for the physical shop then it is recommendable to create online Antique furniture restoration store it will eliminate the rental investment on the physical store.
License For Refurbished Furniture Business
Registration of Firm:
You may start the small to medium Antique furniture restoration business either a Proprietorship or Partnership Firm.
If you are starting this business as One Person Company, then you have to register your firm as a proprietorship.
For Partnership operation, you have to register as a limited liability partnership (LLP) or Pvt. Ltd. Company with Registrar of Companies (ROC).
GST Registration:
apply for GST registration which will provide you GST number which is mandatory to run a business.
Trade License:
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obtain a trade license from local authorities.
MSME/SSI Registration:
apply for the MSME/SSI Registration which allows you to get the government scheme and subsidies related to your Antique furniture restoration business if any
Trade Mark:
secure your Antique furniture restoration business brand with simple registration for the trademark
IEC code
if you are planning to export antique items to international market then you have to apply for IEC which will give you import export code which is compulsory for import or export of any product.
Domain and hosting:
if you are planning to start the online Antique furniture restoration business then you have to buy the hosting and domain name.
How To Sell Antique Furniture
You need to develop the trusted brand for antique furniture restoration, to create the market for the antique furniture restoration you have to promote tour business with the defect and efficient ways.
How To Sell Antique Furniture In Local Market
Contact local media
You can contact the local media to promote your business, antique restoration always make a human interest story so local paper or media will publish the article on your shop which will definitely help you to get the right customers.
Also, invite the local media and chief guest on the ribbon-cutting ceremony, it will help you to build community-related to your antique restoration business.
2) Place ads on offering restoration service
Targeting local customers is always a beneficial marketing strategy in every business, you can place local ads on antique restoration service, and many of people have antiques that they want to restore for long life you just have to reach to them.
Sell furniture online market
1) Create an online presence
Nowadays having an Antique furniture restoration website for your business is essential and it will help you to reach the bulk customers.
Also, it is beneficial for the entrepreneur who likes to start the Antique furniture restoration business from home; you can directly show your antiques on your websites you don’t have to rent for the physical store.
Also, you can be sold your antique product on other online portals.
2) B2B Websites:
Register your furniture restoration business on B2B websites like
- Alibaba
- Indiamart
- Tradeindia
- Exportersindia
Where you can sell your sanitary product on bulk orders.
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3) B2C Websites:
Register your furniture restoration business on B2C websites like
- Amazon
- Flipkart
- Snapdeal
Where you can sell your sanitary pad product directly to the customer.
Antique Furniture Export Market
The antiques having a good international market, therefore, considering the export market for antique furniture restoration business is a profitable option.
If you are planning g to export your antique product then you have to apply for the IEC which is mandatory to import or exportation of any product.
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