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What does it take to run a Successful Retail Business?


Running a retail business takes a lot more than opening a store and starting to sell.

Start with a Plan

  • Location, rent, and investment involved are among the major ones
  • What are you planning to sell – check the pros and cons of every major retail industry
  • Market Study and Competitive Analysis
  • the scale of the business
  • Revenue model
  • Ask questions like whether should you sell online or offline,

But planning is only the first step, the major yet easiest of the steps. or The journey starts with planning, but should not end there. Starting a successful retail business takes so much more than planning

Calculate the cost

Location, Rent, Utility, Insurance, Technology, Staff, Merchandise, Marketing, etc.

Setting up the store

Register your business

TAX compliances

Staffing

Branding

Logistics

Retail Management System with a POS

Payment Acceptance Solutions – Accepting Digital Payments is a must in today’s world

Start Selling

Billing System – POS

Inventory Management 

Maintenance and Operations

Accounting and Taxes

Book Keeping and Expense Tracking

Maintaining Purchase Orders

Grow your Business

Reports and Trend Analysis

Selling Online (with or Without Delivery Aggregators) — ref. YouCloud Pay

Marketing and Upselling — Campaign Manager and other Marketing Tools

Scaling Up

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