If you dream of opening a retail store, you’re in good company. Some 99 percent of U.S. retail stores are small businesses. Retail accounts for 29 million jobs and contributes $2.6 trillion to the U.S. GDP each year. And while e-commerce sales are growing rapidly, almost 90 percent of all retail sales still take place at brick-and-mortar stores.
With so much competition, both online and off, retailers must start smart if they hope to survive and thrive.
If you’re ready for the exciting world of retailing, download this ebook to learn 21 steps to prepare your store for success.
Some of the steps include:
- Conduct market research
- Define your niche
- Develop your brand
- Write a business plan
- Select a business structure
- Look for a location
Read the ebook to learn all the steps.