It’s been three months since I announced that I would finally open a store for Korean products such as cosmetics, magazines, CDs and DVDs, and clothes. Since I’ve been working full-time since July, I really couldn’t find the time to do everything that is necessary for the store to run smoothly.
Opening a retail business in Korea is quite easy. It took me less than 30 minutes to have it registered with the tax office. I only needed to show our property document and an ID. I went back to the tax office after a week to pick-up the business certificate. That is so different from all the bureaucracy that one has to go through when starting a business back home 😉
A store would require a POS system. It is more commonly known as the “checkout” transactions are handled. The retail industry is a major user of this system, but the hospitality industry also benefits from this. The POS Geeks are experts in this area and I know they make the life of business owners easier.
Aside from the business certificate, opening an online store here also needs another form of registration and a 100,000 won one-time fee. And then there’s the issue of security and so on and so forth.
Anyway, I’m still doing the business but it isn’t moving as fast as I’d like to. I’ve been conducting sales on a regular basis. I’d be putting up the price list FINALLY this weekend. Hopefully, I’d be able to finish the site.