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Retail

Here are some resources that provide some tips you can use if you manage a retail company.

Opening a Sunglass Store Keep in Mind These 7 Things

7 Things to Keep in Mind Before Opening A Sunglasses Store

Opening your own sunglasses store is an exciting venture. After all, who wouldn’t want to make money by providing people with fun fashion accessories and stylish protection against the sun? But before taking that leap of faith into running a successful business, there are some things you should bear in mind.

Here’s a look at 7 important considerations before opening up shop for selling sunglasses! Read on to ensure you have everything covered before getting started in this competitive industry.

The Ultimate Checklist for Starting a Liquor Store Business

The Ultimate Checklist for Starting a Liquor Store Business

Are you a business-minded individual looking to capitalize on the growing multi-billion dollar liquor industry? Starting your own liquor store might be just the opportunity you’ve been waiting for!

Achieving success in this endeavor will require dedication and effort, but with the right information, resources, and well-constructed strategy in place – as outlined in this checklist – it is certainly achievable.

So, here’s the ultimate checklist for successfully starting a liquor store business:

Opening Retail Store

A Guide to Opening a Retail Store Post-Covid

The CoVid pandemic has created lots of challenges for business owners, across the world. In particular, for retailers. Many of them had to shut down for long periods. Then, had to cope with reduced foot traffic because of social distancing and restricted opening times.

At one point, in the UK, the High Street was losing an average of 48 stores per working day. Around 17,500 chain stores did not open once lockdowns were lifted. In the USA, a record 12,200 store owners filed for bankruptcy.

6 Essential Tips On How To Negotiate A Favorable Retail Lease

6 Essential Tips On How To Negotiate A Favorable Retail Lease

As a prospective small business owner, you are probably well aware of the adage, “location, location, location.” It truly is everything and it is the secret to making your business a roaring success. Location scouting is usually the first step to starting a business, and once you find the spot that speaks to you and your goals, then it’s time to immediately lock it in.

One of the first things you may want to do is to negotiate a favorable retail lease so that you can secure the space for a good amount of time without paying exorbitant and unnecessary fees. As many experts point out, setting up the retail lease is one of the most important things you can do, and a terrible financial agreement can drain you of precious liquidity fast. The following tips will help you handle this important step and ensure that it moves forward without a hitch.