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Tag Archives: small stores
How Small Businesses Can Determine Their Financial Value
Let’s say that you owned a gift shop, a restaurant, or a clothing store for five years. Wouldn’t you WANT to know what the financial value of your business is? Of course, you would. But most small business owners have no … Continue reading
Posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 8: Putting It All Together, Technology in Retailing
Tagged business valuation, entrepreneur, financial performance, information, inventory management, Joe Ritz, location, opportunity, retail analytics, small stores, software, Sports and Collector Car Center, success, technology, tips, trends, value
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For Small Retailers, Location Can Build A Customer Base
Location planning is important for store-based retailers — especially for independents and entrepreneurs starting out. This is illustrated in the video below.
Why Shopping Small (Business) Matters
Despite the growth and popularity of large retail chains, many people also enjoy shopping at small firms. This infographic shows why small business shopping still is quite important. November 24 is Small Business Saturday. Learn about business intelligence tools. Thanks … Continue reading
Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together
Tagged customer expectations, customer loyalty, customer service, infographic, segmentation, shoppers, shopping, small stores, trends
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