How to Start a Retail Store

How to Start a Retail Store

About How to Start a Retail Store

How to Start a Retail Store

Want to start a retail store? Our startup guide will provide you with a clear roadmap to success. Available with or without our award-winning business plan software, the Retail Store Startup Guide will put you on the fast track to small business success!

Newly updated & revised! Wal-Mart. Lowe’s. Whole Foods Market. The Gap. All these mega-chains started with one neighborhood location and grew to be retail giants. And there’s always room for more. If you have a knack for spotting trends, a retail store could be your ticket to the top—and our guide is the place to start.

We give you the inside scoop on how to start and run a retail business. You’ll learn what works, what doesn’t, and how to avoid the common pitfalls that sink many would-be retailers. Plus, you get a bonus section featuring an in-depth look at how to start three of the most popular types of retail businesses: the clothing boutique, the specialty food store and the gift shop.

You'll also meet successful retailers and retail experts from across the country who’ll share with you proven tips and advice for hitting it big in this dynamic industry. Could the small store you start today be the next big retail chain success story? Order our guide and find out.

Whether you want to be the next retail giant or open a small boutique, this essential guide covers everything you need to know. Successful retailers and retail experts nationwide divulge their proven tips and advice on topics such as:

  • Selecting merchandise that will fly off the shelves
  • Designing your store to welcome customers and encourage purchases
  • Day-to-day operations, from running the cash register to computing daily profits
  • Tracking inventory and preventing theft
  • Hiring great employees and training them to provide stellar customer service
  • Setting prices to maximize profits
  • And more!

Each chapter is divided into manageable sections on every aspect of starting and operating a retail product or service business. We even included some brainstorming questions to ask yourself to stimulate creative solutions to the particular problems you may face.

Could the small store you start today be the next big retail chain success story? Order our guide and find out.

Excerpt from this guide

The retail industry provides an exciting way of life for the more than 24 million people who earn their livelihood in this sector of the U.S. economy. Retailers provide the goods and services you and I need—from food, auto parts, apparel, home furnishings, appliances, and electronics to advice, home improvement, and skilled labor. Let’s take a look behind the scenes at the many facets of this exciting business.

Retailing is one of the fastest-growing segments of the economy. As one of the nation’s largest employers, the retail industry provides excellent business opportunities for you. At least one-third of the 500,000 or so new enterprises launched each year are retail operations. The entrepreneurs behind these ventures risk their capital, invest their time and make a living by offering consumers something they need or want. You’ll meet several of them in this guide and learn how they created a niche for themselves.