How to become a Newsagent
- Price: £5.99
- Published: August 2017
- Type: Business Opportunity Profile
- Format: PDF
- Qualifications and skills
- Key market issues and trends
- Trading, commercial and legal issues
- Further information
An independent newsagent is a small retail business trading from premises usually located in a residential district or on the local high street. They are typically open for long hours each day, often from 6am until late in the evening and for seven days a week as they are exempt from Sunday trading restrictions due to the size of their premises. However, newsagents must comply with a range of strict legislation governing, for example, food hygiene, price marking, underage sales, sales of restricted products and waste disposal.
Newsagents take delivery of newspapers from as early as 5am, with the bulk of their newspaper stock usually having been sold by around 10am. They supply daily, weekly, Sunday, local and national newspapers, as well as magazines, cigarettes, sweets and soft drinks. Most newsagents offer a paper delivery service in their local area and typically also sell National Lottery tickets, scratch cards, ice creams, seasonal items such as fireworks and Easter eggs, and essentials such as basic stationery and greeting cards. Many provide a range of in-store services, such as access to an ATM (cash machine), bill-paying facilities and parcel collection.
Some newsagents also stock a small selection of basic grocery and household items and alcohol and are often affiliated to symbol groups. However, this type of business is covered separately in BOP088, Convenience Store.
This profile provides information about starting up as an independent newsagent. It describes the skills required, the training available, the current market trends and the key trading issues. It also explains the legislation that must be complied with and provides sources of further information and support.