Opening A Video Rental Shop

[Sel]

Can anybody point me in the right direction or give experienced advice?

Where can you find out the laws about renting videos to the public through a video rental shop?

Do you have to pay royalties?

Thanks in advance.

[paulfr]

It sounds like you have little or no experience with

video rental.

Very few businesses can be successful without a very

good understanding of the business and its environment.

So my suggestion is find a business owner already in

the business somewhere and pay him (or offer to work

for free) to teach you over a 1-3 month period.

You will need to convince him you will not be competing

with him, so just pick a different city and give him a signed

agreement that you will not operate within some radius

of his location (100 miles ??)

Make sure you are financed well.

Going into a business blind is a sure fire way to lose

a lot of money fast.

[bartender100]

If you are thinking of doing this in Thailand,I think you would have more chance of succeeding opening a bar instead.

Most of the big supermarkets have video rental shops,at very low price.I might be wrong,but I think blockbuster tried to get in the market here and failed,to much pirated stuff around.