Be your Own Boss: Are You Ready For Retail? : Part 3 of 10

Getting Ready For A Retail Location

Running a Retail Business

Aside from finding the perfect commercial space, you need to focus on a wide range of aspects involved in running a retail business. Branding, advertising and marketing are the most important aspects, and you will also have to devote your attention to finding the right team of employees, aside from managing your financial obligations.


Penetrating the Market

Entering a new market or industry is always challenging, however, we encourage small-business owners to build upon the curiosity consumers have towards new businesses and focus on winning over their trust. A friendly and courteous customer-service, coupled with impressive products and market-competitive prices are it takes to win over a loyal clientele.


Start-up Expenses

Overwhelming start-up expenses are always the primary reason why most entrepreneurs hesitate to start their own retail ventures. This includes buying equipment, office furniture, day-to-day expenses and any signage involved their commercial space for rent.




Are you paying too much rent?

$26.40 per square foot