Well first of all you will have to contact your local market to see if there are any stalls to rent. Not sure what sort of stock you want to sell so can’t help there. If its going to be run as a proper business you will need to register with HMRC as self employed.
Perhaps a bit more info to us might help.
1 Find out if there is space available in the market you are intending to rent space from.
2. Get their rules and regulations and make sure you can abide by them.
3. Make sure that there are no restrictions in what you are planning to sell. Are there any other vendors there selling the same or similar items. Can you compete with the price they are charging and the price you are paying for your product. Make 2 sets of numbers, best case scenario, worst case scenario.
4. Go to your state and get a resale tax certificate.
5. Keep good records.
Running the business…. Buy product, price product, sell product. Keep records, file and pay state sales tax. Make a profit (hopefullly).
The owner leases the land. Everyone else pays you to set up a booth on your land. It can not be zoned residential so you have to go out in the country. You have to have parking so you need 2 acres in case you get successful. Renting 2 acres of land is $500 a month in the beginning. later the owner of the land will want more money if they see that you are making $250,000 a year. Try to tie up the land long term.
Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.