Start A Home Remnant Shop - With No Capital

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It often amazes our commissioning editors how often a "spur of the
moment" idea for making money has somehow snowballed into a full
scale business.

Our Chief Editor, William Donaldson, recently met with the
proprietor of a 'home remnant shop' and was fascinated to learn
how easily and quite unexpectedly she had become established in
her little business.

It seems that Laura Reeves, originally from Fulham in West London
but now living in Wednesbury in the West Midlands, was divorced in
her twenties, a few years ago.

She had little income except the rental income from a small shop,
adjoining her flat, both of which were part of the divorce
settlement.

While talking with the owner of a remnant shop in her native
London one day, where she had gone to make a purchase, she got the
idea that she might make more money selling remnants, using her
shop for a display and sales room, than she could get if she
continued to rent the property.

Since her tenants were ready to move to newer premises in about
two months time anyway, she decided to give it a try.

She found some good sources of materials among the many textile
manufacturing mills in her area, and started off with a small
amount of stock.

At first she ran an advertisement in the newspaper every Thursday
and only opened her shop on Fridays and Saturdays.

As its popularity grew, however, and tales of bargains to be found
there spread, she was soon able to discontinue the newspaper
advert, and also found that it was necessary to keep her shop open
every day to accommodate her steadily increasing number of
customers.

Such a shop could be operated easily from a cheaply rented shop in
a poorer end of own, where people are willing to travel a few
extra hundred yards for real bargains.

There is no reason why you couldn't start in a very small way from
home, though, if you have no prior experience in business.

Incidentally, Laura stresses that you certainly don't have to have
a mill 'on your doorstep' - even the smallest town has outlets for
cloth and has remnants often hidden away at the back which they
sometimes will be glad to give you for free.

Don't be afraid to ask or you won't know!