socialmedian: The Aspiring Merchant s Guide to Launching a Small Retail Shop

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The Aspiring Merchant s Guide to Launching a Small Retail Shop

Submitted by Motown Terri from blog

Sep 13, 2009

Summary

Author : Frank Lucer

Over the last few months, a cautious optimism with regard to the economy has been growing Many aspiring entrepreneurs suspect that independent retailers will be among the first to enjoy the coming surge in business To that end, many of them are making plans to launch small retail shops Some of these would be merchants have been recently laid off from their corporate jobs and are looking for an opportunity to carve their own path Others are simply ready for a change in the way they earn their living

Whatever the catalyst, there is an enormous opportunity for those who want to become independent retailers This article will provide a high level blueprint for not only surviving in your market, but also thriving among your competitors

Plan To Dominate Your Niche

It is far easier to succeed as an independent retailer who serves a targeted niche than it is to succeed as a general store owner Shops that focus on niches cater to those who share passions As a merchant, that allows you to maintain a tighter control on your inventory, emph ...Read the full article

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