Big Dreams Canadian Publication
ISSN 1200-5460 - A Canadian Publication
Personal Development And Small Business Topics
    Bad Economy Saturday, 19. May 2012

Business Game - Retail Outlet

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A Retail Outlet

You have in mind a retail outlet. The top three issues here are

  1. Location

  2. Location, and

  3. Location

You know what you will sell, and who are your target market. Be sure to research similar businesses in other areas to get a good understanding.

What is the best location to get the most visitors to your store? If you were to get just a few extra visitors each day, that could result in thousands of extra income in a year.

You'll have to reaseach what is available. Find out who are the landlords and what the lease would cost. If you have in mind a location that is currently occupied, it might be worth letting the landlord know you are interested.

After you finish thinking, << go back.

 

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