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How to open a store from scratch
How to Open a Store from Scratch
Opening a store is the dream of many. But how do you turn an idea into a profitable business?
Here you’ll find a step-by-step guide, examples, checklists, expense tables, and key points to help you open a store from scratch without going bankrupt in the first months.
Step 1. Choose a niche for your store
📌 What to sell?
Pick a category with stable demand, such as:
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Clothing store
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Grocery store
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Cosmetics shop
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Home goods store
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Children’s store
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Auto parts shop
Check Google keywords:
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“open a store from scratch”
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“what store is profitable to open”
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“which business to start in 2025”
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“how to start a business from scratch”
Use Google Trends, YouTube search, and Google autocomplete for demand analysis.
Step 2. Conduct market research
Create a competitor table:
| Competitor Store | Location | Assortment | Prices | Features |
|---|---|---|---|---|
| Local “Fresh” | city center | groceries | medium | 10% morning discount |
| EVA | neighborhood | cosmetics | affordable | bonus card |
Step 3. Register as a sole proprietor (FOP)
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Through Diia or CNAP.
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Choose tax group 2 or 3.
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Obtain an electronic digital signature (EDS).
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Register with PayKit POS here and choose a suitable plan.
Step 4. Find a location
| Format | Pros | Cons |
|---|---|---|
| Standalone store | visibility, control | rent, utilities |
| Shopping mall | foot traffic | competition, mall rules |
| Online store | cheaper | requires marketing |
Step 5. Prepare documents
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Lease agreement
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Store signage
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Sanitary certificate (for food, cosmetics)
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Fire safety certificate
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Fiscal registrar or PRRO
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Bank account for FOP
Step 6. Calculate your startup budget
| Expense | Amount (UAH) |
|---|---|
| Rent + deposit | 20,000 |
| Equipment | 25,000 |
| First batch of goods | 30,000 |
| POS system (PayKit) | 0–2,000 |
| Advertising and signage | 10,000 |
| Total | ≈87,000 UAH |
Step 7. Equipment
Essential:
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Laptop/smartphone + card terminal + PayKit POS
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Receipt printer
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Shelves, display cases
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Barcode scanner (for inventory)
Step 8. Purchase inventory
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Don’t buy too much at once
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Start with best-selling items
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Check suppliers (reviews, guarantees)
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Sign a supply contract
Step 9. Marketing
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Google Maps listing
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Instagram + Facebook pages
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Banner at the entrance
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Gift for the first customer
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Social media giveaway
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Online ordering through POS (PayKit supports this)
Store Opening Checklist
✅ Chose a niche
✅ Registered FOP
✅ Opened a bank account
✅ Bought PayKit POS
✅ Hired staff
✅ Purchased goods
✅ Launched advertising
✅ Opened the store!
Opening a store from scratch in 2025 is possible if you follow a clear structure, keep accounting from day one, and comply with fiscal requirements.
With PayKit POS, you can:
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Easily issue receipts from your phone or PC
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Track inventory, expenses, and revenue
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Work even without internet
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Scale your business with ease
👉 Ready to start your business? Save this guide, share it with friends, and open your store with confidence!
