I am really interested in starting my own small retail business. Any advice or suggestion where to start ? any good books? what is a decent leasing price in Kennesaw/Chastain area? banks for small business loans?
There are probably books galore but none that I can remember the titles of though I've read bits and peices for research.
Figure out what you're going to sell(I'm guessing you've done this), call wholesale and get pricing. Price display shelfing, registers, and other items stores need. Figure out your markup values, and profit margin and estimations.
Marketing, and your planned customers. Who's going to shop, why they will shop, and how you will market to them.
Then type it all up into a business plan to present to banks to get your loan. You can also look up banks that specialize in small business loans or look into special grants and loans for new business owners, or women business owners.
Comments 1
There are probably books galore but none that I can remember the titles of though I've read bits and peices for research.
Figure out what you're going to sell(I'm guessing you've done this), call wholesale and get pricing. Price display shelfing, registers, and other items stores need. Figure out your markup values, and profit margin and estimations.
Marketing, and your planned customers. Who's going to shop, why they will shop, and how you will market to them.
Then type it all up into a business plan to present to banks to get your loan. You can also look up banks that specialize in small business loans or look into special grants and loans for new business owners, or women business owners.
Reply
Leave a comment