Start and Run a Shop

How to Open a Successful Retail Business

By: Deborah Penrith

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Paperback | 10 January 2009 | Edition Number 1

At a Glance

Paperback
160 Pages

Dimensions(cm)
1.2 x 17 x 24.6

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There is nothing more satisfying than owning a shop of your own. Whether it''s a designer clothing store, an exciting florist, or something for practically everything, this book will guide you through all you need to know about opening your own retail business. It is aimed at anyone who has a dream or a practical idea. It includes case histories of hands-on shop owners, their advice and top tips. You will be able to browse through such topics as: - Choosing the best location - Finding finance in a dwindling market - Developing a business plan - Exploring the costs of setting up - Selecting the products you want to carry - Decoration, displays and shelving - Meeting the challenges of a new business - Getting your business noticed in an internet age - Turning your passion into a profitable business

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You Can Find This Book In

Non-Fiction Industry & Industrial Studies Distributive Industries Retail Sector Business & Management Management & Management Techniques Ownership & Organisation of Enterprises Small Businesses & Self-Employed Literature, Poetry & Plays Non-Fiction Prose Entrepreneurship / Start-ups

Acknowkdgemen	p. ix
Foreword	p. xi
Retailing in the UK	p. 1
Shopkeeping through the ages	p. 1
Today's world	p. 3
Familiarising yourself with retail terminology	p. 5
Advantages of being an olderpreneur	p. 7
Getting Started	p. 9
Considering your personal strengths and weaknesses	p. 9
Developing a business sense	p. 10
Researching your market	p. 13
Legal considerations	p. 15
Forming a business	p. 16
Naming your business	p. 18
Walking the Business Tightrope	p. 21
Choosing the right finance	p. 21
Writing a business plan	p. 24
Approaching business banks	p. 26
Government help and support	p. 27
Setting up an accounting system	p. 29
Real world budgeting	p. 30
Women in business	p. 31
Determining the Costs	p. 32
Insurance matters	p. 32
Finding suitable premises	p. 33
Regional facts and figures	p. 35
Signing a lease	p. 38
Buying a property	p. 40
Rent, rates and utilities	p. 41
Other general expenses	p. 43
Buying stock	p. 44
Choosing your fittings	p. 45
Employing and training staff	p. 47
Buying an Existing Retail Business	p. 51
Questions to ask	p. 52
Examples of shops for sale	p. 53
Buying a franchise	p. 54
Record-keeping and Taxes	p. 57
HMRC viewing powers	p. 57
Keeping accurate records	p. 57
Your responsibilities	p. 58
Profits and expenses	p. 59
Value Added Tax (VAT) explained	p. 60
Selecting professional advisers	p. 61
Setting Up Shop	p. 63
Shop interiors	p. 63
Shop exteriors	p. 65
Getting the most out of your shop	p. 66
Listening to music	p. 68
Running your Shop	p. 70
Right product, right price, right time	p. 70
Fake goods	p. 70
Establishing your price	p. 71
Return policy	p. 72
Special offers and discounts	p. 72
Offering credit terms	p. 73
Cheque scams	p. 73
Managing your cash flow	p. 74
Security and pilferage	p. 75
Customer service	p. 76
Spreading the Word	p. 79
Marketing plan	p. 79
Grabbing attention through advertising	p. 80
In-store advertising	p. 82
Direct mail	p. 82
Press releases	p. 83
Word of mouth	p. 83
Data protection	p. 84
Developing a website	p. 84
Taking your business online	p. 90
Using forums and networking	p. 92
Trade shows	p. 93
Retailing and the Law	p. 95
Key legislation	p. 95
Food laws	p. 96
Health and safety	p. 98
Business legislation	p. 99
Disability discrimination	p. 100
Looking to the Future	p. 102
Identifying opportunities for growth	p. 102
Closing shop	p. 103
Types of Shop	p. 105
Opening a bike shop	p. 106
Opening a bridal shop	p. 112
Opening a clothes shop	p. 114
Opening a florist shop	p. 115
Opening a health shop	p. 118
Opening a jewellery shop	p. 122
Other sector snippets	p. 125
Dos and don'ts	p. 127
Useful Organisations	p. 129
Further Reading	p. 135
Index	p. 137
Table of Contents provided by Ingram. All Rights Reserved.

Start and Run a Shop

How to Open a Successful Retail Business

At a Glance

Paperback

Shipping

How to return your order

Defective items

You Can Find This Book In

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