TopPicks Index
Top 3 Cash Registers Under \$200 USD
There are several good cash registers available today for less than $200. While it may seem these low-priced machines are sacrificing functionality for price, we suggest you take another look. These affordable electronic cash management systems come with thermal printers, built-in customer display poles and drawer locks. The following are our favorite cash registers under $200.
Top 7 Styles of Hangers and Their Uses in Retail
Economical plastic, durable metal and classic wood hangers may all be suitable to use in a retail environment. Before choosing clothes hangers to use in your store, learn about the more popular types of hangers.
Top 5 Types of Retail Ownership
Entrepreneurs have many forms of retail business ownership available to them. Each business model has its own advantages, disadvantages, support and style. Choosing a type of retail business to start will depend on why you want to own a business, as well as your lifestyle, family, personality, basic skills and much more.
Top 9 Myths of Retailing
In retail, there are many misconceptions about what it takes to be successful. Whether our understanding of customers, marketing or other retailing information came from bad advice, myths, or elsewhere, negative information can have a profound impact on our business decisions. The following examines common (and some not-so-common) retail myths.
Top 10 Recommended Retailing Books
The list of business books explaining how to start a business is almost endless. However, the number of good guides to opening and operating a retail store are few. The following list is our top picks for books we recommend for retailers starting their own shop.
Top 10 Business Plan Books
Many books have been written on starting a business and the necessity of writing an effective business plan. Each book in our list of recommended business plan books, is devoted solely to the topic. Many have forms and outlines, others have sample business plans for you to review. These are the best step-by-step guides on content, presentation and execution of a business plan still in print today.
Top 10 Retail Loss Prevention Books
Retailers are constantly struck by outside influences out of their control. Rising cost of living, less consumer spending and increases in operating expenses erode profits. But what the retailer can control is its methods of loss prevention. Preventing shoplifting, stopping employee theft and reducing shrinkage can help ensure the retail store is keeping the most revenue possible.
Top 10 Ways to Turn Off Customers
As retailers, we can't afford to turn off a single customer and image is everything. Keeping our stores neat and clean is not only easy to do; it is generally an inexpensive way to attract customers and create a plasant store atmosphere. Take a look around your retail store. Do any of the following situations exist?
Top 10 Ways to Better Your Business
Retailers all have the same basic path to success. That is, we must increase sales and reduce expenses in order to improve profitability. The goal is the same but how we achieve each milestone may vary. Take a look at the following ways to better your business.
Top 5 Ways Retailers May Lose Customers
Without customers, we wouldn't be in business. That is way it is surprising how easily retail shops unintentionally drive customers away. Sometimes, understanding the what can ruin a business can help us focus on what not to do while building our enterprise. Here are five simple ways to lose customers.
Top 4 Sources of Shrinkage
Do you know the four sources of retail shrink? The percentage of loss of products between manufacture and point of sale is referred to as shrinkage, or sometimes called shrink. Here are the four main sources of inventory shrinkage in retail.
Top 4 Reasons People Don't Start a Business
There are so many risks involved in beginning a business that the fears generally overtake the thoughts of success. Here are four barriers that keep people from starting a retail business, as well as tips for conquering those fears.
Top 10 Steps to Starting a Retail Business
The dream of starting a retail business can easily become a reality. It may take a lot of initial work as you start your own business, but with the right planning anyone can achieve their goals. The following steps to starting a retail business should be used as a guide before you open a store.
Top 5 Gifts for Store Owners
Looking for a gift for the retailer or store owner on your list? The following retailing gifts are practical (and not-so practical) for any entrepreneur. From the useful to the zany, here are our top gifts for filling any store owner's wish list.
Top 6 Essential Parts of a Retail Business Plan
A look at the various business plan parts and what to include. A business plan for a retail store can be a complex multi-page document or it can be a page torn from a notebook. The purpose of your business plan will determine how much information should be included and what format to use. For financing, you'll have a better chance of convincing someone to fund your company if there are plenty of details provided. Here are the essential business plan parts and what to include.
Top 6 Reasons to Write a Business Plan
One of the most important things you can do for your business, new or existing, is to write a business plan. Whether it is formal or informal, on paper or on disk, the process of creating a business plan will only help your business become successful. The following are our top reasons to write a business plan.
Top 3 Ways to Beat the Competition
It's inevitable that your retail business will have some form of competition. And while you can't control what your competitors do, you can minimize their impact on your business. Here are three ways to rise above the competition.