Starting a Record Shop

  • Price: £5.99
  • Published: June 2015
  • Type: Business Opportunity Profile
  • Format: PDF
  • What qualifications and skills are required?
  • What are the key market issues and trends?
  • What are the main trading issues?
  • Legislation
  • Further information

Record shops stock albums and singles in physical format such as CD and vinyl, along with accessories such as headphones and earphones, posters and books. Some record shops specialise in second-hand or collectible vinyl records and CDs, and many allow customers to trade in old items in return for cash or discounts on a new purchase. As well as trading from traditional retail premises, record shops increasingly trade online and via mail order, as well as via online auction websites and marketplaces such as eBay and Amazon.

Some record shops also sell tickets on behalf of local music venues and arts centres as well as promoting local music events and concerts.

This profile provides information about starting up and running a record shop. It describes the skills required, the training available, the current market trends and some of the key trading issues. It also explains some of the main legislation that must be complied with and provides sources of further information.

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