1. Money

Starting a Retail Business

Would you like to start a retail business? Find out if retailing is right for you, learn why people don't start a business, get the steps to starting a retail business. View our myths of retailing, choose a retail store location, write a business plan and examine the pros and cons of starting a retail business. Think you know a lot about retailing? Take our Starting a Retail Business quiz.
  1. Business Planning
  2. Insurance, Taxes & Legal (13)
  3. Location (16)
  4. Naming Your Business (7)
  5. Startup Costs (5)
  6. Exit Strategies (6)
  7. Retail Success Stories (16)

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.

10 Steps to Starting a Retail Business
The dream of owning your own retail business can easily become a reality. It may take a lot of initial work, but with the right planning anyone can achieve their goals. The following steps to opening a retail business should be used as a guide in planning the business.

A Day in the Life of an Independent Retailer
Independent retailers generally work either alone or with a very small staff. Time management and creating a workable schedule is the only way to get it all done. Here we look at a day in the life of an independent retailer.

Is Retail Ownership Right For You?
Do you have what it takes to own your own retail store? Anyone considering starting a business will probably answer 'yes' to that question. Choosing to become an entrepreneur is just like making any career decision. Before starting your business, take a moment to seriously consider your strengths, weaknesses and the qualities any good retailer should possess.

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.

Poll: Why Do You Want To Start a Business?
Most of the people reading this blog came here with a common goal. That is, to learn about some aspect of starting and operating a retail business. Yet people choose to go into business for themselves for many different reasons. We each have different driving forces that lead the entrepreneur in us. What motivates you to want to start a retail business?

Pros & Cons of Starting a Retail Business
If you are considering opening a retail store, the following highlights some ups and downs of retailing and can help you make an informed decision of whether or not retail ownership is right for you. Here are the good and bad aspects of retail ownership.

Network Marketing
Network marketing is one of the several types of retail business. Understand each type of retail business, the advantages and disadvantages of each to learn what style of business is right for you.

Quiz: Starting a Retail Business
Are you ready for retail? Is retailing right for you? Take this Starting a Retail Business Quiz to find out if you have what it takes to open your own shop.

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.

Close Your Eyes and Leap
There are so many risks involved in beginning a business that fears generally overtake the thoughts of success. Pam Slim of Escape from Cubicle Nation has tips on how to prepare to take this leap of faith.

Franchise
Becoming a franchisee is one of the several types of retail business. Understand each type of retail business, the advantages and disadvantages of each to learn what style of business is right for you.

Dealerships
A licensed dealership is one of the several types of retail business. Understand each type of retail business, the advantages and disadvantages of each to learn what style of business is right for you.

Taking Over An Existing Business
Buying or taking over an exisiting retail business is one of the several types of retail business. Understand each type of retail business, the advantages and disadvantages of each to learn what style of business is right for you.

Independent Retailer
Becoming an independent retailer, that is starting your business from scratch, is one of the several types of retail business. Understand each type of retail business, the advantages and disadvantages of each to learn what style of business is right for you.


You can opt-out at any time. Please refer to our privacy policy for contact information.

©2014 About.com. All rights reserved.